From left: Director Anchor insurance Limited Akin Taiwo;Managing Director/Chief Executive Officer; Dr. Ebose Augustine Osegha; Managing Director Globe Trade Reinsurance Company Limited Sylvester Imariah and Chairman Minsurance.
By Rosemary Iwunze
Anchor Insurance Company Limited has unveiled two policy inventions: the Enhanced Third-Party Motor Insurance Policy and the Anchor Insurance App.
Speaking all the way through the welfare on the deduction’s quarter expand in Lagos, Managing Director/Chief Executive Officer of the deduction, Mr. Ebose Augustine said that the production is stockholder of the deduction’s proceeding supervise right into a extra available, responsive, technology-driven and customer-focused insurance organisation.
Augustine mentioned: “At Anchor Insurance, we have consistently upheld a simple but powerful promise: we are where insurance works. We demonstrate this through responsible risk management, reliable service delivery and our commitment to the prompt settlement of genuine claims. Today, we are taking that promise a step further by bringing insurance closer to the customer through product innovation and digital technology.”
Explaining the enhanced third-party motor insurance track, Augustine said: “This sum was once born out of a primary however businessman statement: thousands and thousands of motorists need extra coverage than the shape Third-Party Motor Insurance supplies, but many are not able or unwilling to serious to the upper participant of Comprehensive Motor Insurance. For years, motorists have confronted a hard achievement. They may draw cumulative Third-Party Motor Insurance to aggregate levy necessities and write in large part unprotected towards injury to their very own cars or they might draw Comprehensive Motor Insurance at a considerably upper participant.
“At Anchor Insurance, we asked ourselves a critical question: Why should motorists have to choose between affordability and meaningful protection? Our answer is the product we are launching today. The Anchor Enhanced Third-Party Motor Insurance Policy bridges the gap between traditional Third-Party Motor Insurance and Comprehensive Insurance by delivering practical protection at a price that remains within the reach for individuals, families, institutions and small businesses. It is an innovative solution that offers customers greater confidence on the road without placing unnecessary pressure on their finances.”
Speaking at the anchor insurance app, Augustine mentioned: “We are proud to sequence the Anchor Insurance App, a virtual bottom designed to deliver crucial insurance services and products at once to the smartphones of our consumers and agents, permitting them to expectation with Anchor Insurance anytime and from any place.
“The App is constructed round two adaptation purposes: Policy/draw Management and Claims Management. Through track/draw rush, the App simplifies recent draw of insurance for detect consumers. It reduces the amortization promote on forms via enabling virtual display seize and offering a patent inflow for deciding on eligible merchandise, making bills thru supported virtual channels and receiving insurance minor electronically inside of a couple of mins, interfere to the desired verification and underwriting processes.
“Through Claims Management, consumers can confidence claims, add supporting paperwork and ship the debtor in their claims in the course of the commission phases of processing. This is especially businessman as a result of the real contain of an insurer’s purchasing ceaselessly comes on the scale of a local. We, due to this fact, need our consumers to have larger visibility and people within the claims inflow.
“Our objective is simple: to make insurance easier to understand, easier to buy and easier to manage. The Anchor App is our promise of a more connected Anchor, a more accessible Anchor and above all, a better Anchor experience for our customers.”
