Harboursandport.com: Lagos - Assurance Company Limited has proudly maintained its position as the industry leader in claims payments for the eighth consecutive year. As of December 31, 2023, Nigeria's premier insurer disbursed an impressive N67.1 billion in claims, a significant increase from the N57.5 billion paid in 2022.
In 2019,
claims payments rose to N38.40 billion, showcasing Leadway's ongoing dedication
to excellence. Despite the challenges of the COVID-19 pandemic in 2020, the
company supported its policyholders with N43.5 billion in claims, demonstrating
resilience and reliability. The unprecedented and sustained trend continued
with N48 billion in 2021 and an impressive N57.5 billion in 2022.
At the 52nd
Annual General Meeting (AGM), Managing Director Mr. Gboyega Lesi emphasized
that Leadway's substantial and consistent claims payments have earned the trust
and confidence of policyholders, setting a benchmark in the industry. He
highlighted the company’s focus on operational efficiency, innovation, and
customer experience enhancement.
"We
remain ambitious in our quest to be the dominant insurance company in
Nigeria," Mr. Lesi stated. "Our strategic focus on
customer-centricity, digital transformation, and business agility will drive us
forward."
Chairman of
the Board of Directors, General (rtd) Martin Luther Agwai (CFR), added,
"As leaders in our market, we are committed to sustainable growth by
reaching new customer segments and exploring innovative distribution
channels."
About
Leadway
Leadway
Assurance is one of Nigeria's foremost insurance service companies with a
reputation for service efficiency and customer reliability. The organisation is
committed to bridging the financial protection gap and increasing insurance
penetration in Nigeria.
The company
extended its footprint to the West African markets with Leadway Vie Limited, a
life insurance services provider, and Leadway IARD Limited, a general insurance
services provider fully operational in Cote d'Ivoire.
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