• Wednesday, February 21, 2024
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BusinessDay

Cornerstone Insurance technology innovation attracts industry stakeholders

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Leading underwriting firm, Cornerstone Insurance Plc has received industry recognition for its capacity in technology innovations that are helping push its products and services to potential customers.

The company bagged three awards at the Nigeria Technology Awards (NiTA) including innovative Insurance Company of the Year, Insurance Company Website of the Year, and Excellence in Technology Innovation – Insurance Service.

The event held recently in Lagos had in attendance industry leaders and innovators in the tech sector to recognize and celebrate outstanding contributions to technological advancement in Nigeria.

Remarkably, the three awards come on the heels of the award for Best Marine Insurance Provider Company in Nigeria by Global Business and Finance Magazine 2023, reaffirming Cornerstone Insurance dedication to excellence and innovation in providing businesses and individuals with cutting edge technology for seamless and easy Insurance transactions.

Cornerstone Insurance Plc was incorporated on 26th July 1991 as a private limited liability company and became a Public Limited Liability, quoted on the Nigerian Stock Exchange in 1997. The Company is licensed and re-certified by the National Insurance Commission (NAICOM) to do both General and Life businesses and the classes of Insurance business we currently undertake include the following: Motor Vehicle, Aviation, Marine, Engineering All Risks, Asset Protection, Liability to Third Party, Oil & Gas, Group Life, Credit Life, Mortgage Protection, Term Assurance, Wealth Creation Products and Takaful (Islamic Insurance).

Cornerstone Insurance Plc is the first insurance company in Nigeria to provide customers with an online platform for insurance transactions. Little wonder why Cornerstone Insurance Plc. was adjudged as the ‘Best use of Technology, Insurance Company, 2016, Nigerian Technology Awards. Our services are technology driven by cutting edge Insurance applications. These services are accessible with ease through the internet and/or mobile technology.

At Cornerstone, we remain committed to both our core values of Integrity, Empathy, Professionalism, Innovation, and Team Spirit and our continued mission of delivering value beyond expectations through needs-based products and quality service, the company said.