BUSINESS

Tony Elumelu Launches New Business portfolio, Secures FG Licenses For Insurance Firms

Published

6 years ago

November 28, 2020

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.

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BIGPEN NIGERIA

Tony Elumelu Launches New Business portfolio, Secures FG Licenses For Insurance Firms

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.

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BIGPEN NIGERIA

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.

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