African Alliance pays N967m claims in 40 days

Posted on: 17th Feb 2021

As our lifelong commitment, we have continued to fulfil our obligations to our customers with claims payment, we have paid N967m claims in the first 40 days of the 2021 business year.

Our Managing Director/Chief Executive Officer, Joyce Ojemudia, restated our claims commitment in her statement “For us at African Alliance, we are poised to continue our renewed commitment to fulfilling our stated obligations to our stakeholders.

“Paying claims as due, therefore, is non-negotiable. Indeed, the bedrock of a sustainable insurance business is a mutually beneficial arrangement where the insured and the insurer both stick to their obligations to each other without fail.”

“Between the first of January and now, we have paid about N148.2m to 155 individual life customers, N307.5m to 141 group life claimants, N124.1m to 168 Takaful claimants, not forgetting some N387.3m to our annuitants.

“We won’t shirk our responsibilities; we have promised to remain with our customers for life, we will not relent on our oars as we continue to excite our policyholders.”

You can read more about our claims payment here