IEI pays N1.2bn insurance claims

Irene said the claims paid are categorized into motor, fire, oil and gas, general accidents, marine hall, aviation, industrial risks and public liability.

International Energy Insurance Plc (IEI) paid N1.29 billion claims last year, its Interim Managing Director, Peter Irene, has said.

Irene, in a statement, said the claims paid are categorized into motor, fire, oil and gas, general accidents, marine hall, aviation, industrial risks and public liability.

The Interim Managing Director said the company is determined to keep its promise to deliver on prompt claims payment to its clients.

According to him, this is no mean feat considering the harsh economic condition in the country.

Irene said: “This singular act demonstrates that the company is committed to putting its customers first, and always make them happy.

“It also epitomises the company’s core values of integrity, dependability,proficiency, innovativeness and friendliness. The company exemplifies good corporate responsiveness and transparency.”

He expressed satisfaction with the feats of the company, noting the prevailing economic situation in the country.