Heirs Holdings steps into the insurance market
By OUR CORRESPONDENT
The Heirs Holdings (HH) has launched its entrance into the insurance market with two institutions, Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA).
According to the group, it will bring a dynamic, digitally-driven offering to the general and life insurance sectors, providing clients with a real choice of products, pricing, channel, and claims handling.
Heirs Insurance Limited (HIL) provides general insurance, offering policies covering vehicles, homes, SMEs, business risks, and other properties. Heirs Life Assurance (HLA) offers insurance-backed savings plans and life insurance security for individuals, families, children’s education, debtors, creditors, entrepreneurs, and employees.
Both companies leverage the business track record of Heirs Holdings, the pan-African investment group, chaired by leading investor and philanthropist, Tony Elumelu, Heirs Holdings’ portfolio includes companies transforming financial services, power, oil and gas, real estate, hospitality, healthcare, and technology.
Specifically, the companies disclosed that a series of product innovations, including a web portal enabling customers to get an insurance quote in minutes and receive claims settlement in less than 24 hours, from their mobile devices.
Speaking at the event, Dr. Adaobi Nwakuche, Ag. MD/CEO, Heirs Insurance, stated: “We are delivering insurance that is easy to understand, quick and reliable, simplifying our customers’ lives. Our mission is simple: make insurance accessible.”
Similarly, Niyi Onifade, MD/CEO, Heirs Life, stated: “Our goal is to integrate life insurance products into people’s daily lives to create financial inclusion and bring quality financial services to the many, not just a few.’’
