BUSINESS

Unitrust Insurance pays over N269m claims in first quarter

Published

4 years ago

May 22, 2020

Rukayat Adeyemi

Unitrust Insurance Company Ltd. on Friday said it paid its customers over N269 million as claims in the first quarter of 2020.

The insurance company said in a statement that the claims were paid during the COVID-19 lockdown in fulfillment of its avowed commitment to prompt claims settlements.

“We have been working remotely despite the COVID-19 disruption and have remained reachable to our customers via our CRM solutions and other business continuity plans.

“Some of the major businesses whose claims were settled includes: Mouka Foam Ltd. (Fire and burglary Policy), Pz Cusson Nigerian Ltd and Subsidiary (Marine and Fire policy),” it stated.

According to Unitrust Insurance, other organisation that were also settled included Sumal Foods limited (Marine Cargo and Goods-in-Transit), RATCON Construction (Engineering and Cash-in -Transit Insurance).

Unitrust was licensed in 1981 and authorized by the Corporate Affairs Commission RC- 42899 and National Insurance Commission (NAICOM).

Related Topics:

Up Next

Investors gain N233bn on NSE, as market capitalisation crosses N13trn mark

Don't Miss

COVID-19: MTN provides customers free services to help communication- Official

Rukayat Adeyemi

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.