BUSINESS
Tony Elumelu Launches New Business portfolio, Secures FG Licenses For Insurance Firms
African economist, entrepreneur, and philanthropist, Tony Elumelu, has delved into the insurance industry, securing a Nigerian Federal Government licenses to launch his new business portfolio.
BIGPENNGR.COM reports, Elumulu who is the chairman of Heirs Holdings, the United Bank for Africa, and Transcorp, has launched a new business portfolio.
Elumelu announced the new feat on Friday on his verified Twitter handle.
“Today, I am proud to announce that the Nigerian Federal Government, through the insurance regulator, the @NaicomNG, has officially issued the operating licences for our new Group insurance companies – @HeirsInsurance_ (HIL) & @HeirsLife_ (HLA)”, he wrote.
The development, according to him, represents a further important milestone in a long-term strategic journey in providing much needed, quality, and valuable financial services, to a broad demographic in Nigeria and Africa.
#Insurance, according to him, “should not be a luxury, and just as we have democratised other sectors, we will democratise insurance – applying our tried and tested business philosophies and execution ability.
“Fuelled by the determination to improve lives and leave a legacy in the African private sector, we have embarked on this journey to revolutionise the insurance space – deploying technology, customer understanding and operational excellence”, he further wrote.
Elumelu hails from Onicha-Ukwu in Aniocha North Local Government Area of Delta State.
FEATURED14 hours ago
Delta Community Protest Oando’s Alleged Neglect, Block Flow Station
NEWS15 hours ago
Omo-Agege Hails Prof. Samuel Ibodje As A Beacon Of Great Intellect
FEATURED16 hours ago
UPDATED: Chief Ayiri Calls On Tinubu To Order IGP To Arrest Delta Former Deputy Governor Kingsley Otuaro
FEATURED20 hours ago
No Forgiveness Without Admission Of Wrongdoing – Wike Replies Tompolo On Fubara
FEATURED2 days ago
BREAKING: NMU Announces Appointment Of Dr. Paul Bebenimibo As Registrar
FEATURED2 days ago
Insecurity: ‘We’re Tired of Rhetoric,’ DOPF Urges Southern Governors to Take Drastic Measures
FEATURED2 days ago
Sen. Nwoko Tours Federal Constituencies in Delta North, Reaffirms Grassroots Commitment
FEATURED3 days ago
APC Now Has More Grip on Delta; We Only Have a PDP Governor Who Won’t Return in 2027, Says Omo-Agege
FEATURED3 days ago
Youth Coalition Calls For Dialogue, Reform Amid Ethno-Religious Violence
FEATURED3 days ago
‘We’ll Deliver Tinubu Without You, Stop Moves To Join APC’ – Nwoko Fires Salvo At Oborevwori
FEATURED3 days ago
Rivers: Tompolo Breaks Silence, Says ‘We’ll Dialogue And Fubara Will Return To His Seat’
FEATURED3 days ago
Ganduje Backs Anioma State Creation, Declares It A “Done Deal”
FEATURED4 days ago
How Oborevwori Won Vanguard’s Governor Of The Year For Good Governance
FEATURED4 days ago
Sen. Nwoko Recounts Anioma’s Political Journey, Vows To ‘Finish The Race’ For Statehood
FEATURED4 days ago