NSIA unveils health insurance plan

NSIA Insurance has launched an international health insurance product, NSIA Health Insurance, into the Nigerian market.

A statement made available to New Telegraph said the underwriting firm was in the project in partnership with Cigna and Hollard.

Cigna is a Fortune 500 company in the USA and one of the world’s leading providers of health benefits enabled through its 41,000 employees serving over 90 million customers all over the world.

Hollard is South Africa’s largest independent insurance company, with an ever-growing African footprint making it known throughout the continent for its innovative approach and customer-centric brand.

According to the statement, NSIA Health Insurance provides a robust health plan to local companies interested in providing access to quality healthcare in Nigeria and beyond to their workers as well as multinationals that desire to harmonise their health insurance plan across Africa.

Workers of these companies, once enrolled, are able to access the finest quality health care available all over Africa and the rest of the world whenever they need such services.

According to the Managing Director of NSIA Insurance, Ebelechukwu Nwachukwu, NSIA Health Insurance is one of a kind.  Companies that purchase the product are rest assured that their staff will easily access the best medical services, wherever they are in the world, when the need arises.

“This is a promise that is already being fulfilled by our technical partners in Nigeria and other parts of the world where they operate.  Already, a number of leading multinationals in Nigeria have signed on to NSIA Health Insurance with many other prospects in the pipeline,” she said.

The statement said the package would take into consideration the different health insurance needs of organisations, and also offers a combination of health plans that provide optimised coverage that can be aligned to a company’s budget.

“NSIA Insurance is excited about this addition to its portfolio of products, which affords it the opportunity to meet more of the insurance needs of its increasing customer base.  The company is one of the most progressive composite insurance companies in Nigeria, with its head office located in Lagos, a strong regional presence in Abuja and large network in every strategic state.

“It offers a wide range of insurance services to meet the changing financial, investment and lifestyle risk needs of corporate, commercial and individual customers, at competitive price and with the best service infrastructure to ensure value to our clients,” the statement added.

 Building on the existing strength and over 20 years’ experience of ADIC Insurance, NSIA Insurance Limited has grown tremendously to become one of the leading distributors of insurance products and services in Nigeria.

The solvency capital of NSIA Insurance stands at N10.7 Billion as at 2017 and total asset base is N15.5 billion. NSIA Insurance is one of the most capitalised companies in the insurance industry.

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