Niger Insurance restructures, pay about N2bn claims

Niger Insurance Plc is undergoing a massive restructuring exercise which cuts across all departments and levels in the entirety of the organization.

This exercise according to the company, is aimed at better positioning the company for higher performance in the ever-evolving insurance industry in Nigeria, and re-establishes it as a company of first choice.

Niger Insurance, a company that transacts all classes of insurance business has an asset base in excess of N23.2 billion unaudited accounts as at December, 31^st 2018. It has also paid claims in excess of N2 billion within same period.

 The result of the restructuring exercise is expected to be unveiled to the public soon, a source in the company said.

However, while this exercise in ongoing, the Company assures its ever-growing clientele of continuous delivery of quality insurance services.