As Nigeria’s Insurance Industry approaches its centennial, the sector can boast certain landmark achievements that have been instrumental to economic growth and improved Gross Domestic Product. However, this legacy of responsive claims payment dates back to Leadway’s humble beginnings as an underwriting business, when it started working with brokers. The success of this claim performance boosted Nigeria’s insurance industry reputation as responsible risk managers capable of contributing to businesses’ financial stability. Leadway’s claims payment ethos has become the foundation of its customer service delivery backed by superior capabilities to honour claims obligations to customers. In 2018 financial year, Leadway led its counterparts in claims payment indices with total claims of N33.8 billion paid to its customers.

Source: Punch February 03, 2020 13:41 UTC