Wednesday, April 14African Business News
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Tag: AXAMansardplc

Insurers offer customers free cover to deepen market penetration

Insurers offer customers free cover to deepen market penetration

Business
Determined to regain consumers’ confidence in the nation’s insurance industry, especially during the lockdown, operators have begun to offer of a two-week free insurance cover on all renewals under comprehensive motor insurance policy. The Chief Executive Of¬ficer at AXA Mansard Insurance Plc, Kunle Ahmed, in an interview with The Guardian, at the week described the gesture in the industry as a measure to boost policy uptake and penetration that could take the sector to a greater height. Ahmed said the offer of a two-week free insurance cover on all renewals of its comprehensive motor insurance policy commenced on the 1st of May 2020 and will run till December 31, 2020. He stressed that motor insurance customers will receive a two-week free insurance cover upon the next renewal of th...