Insurance practitioners are bracing up for possible overwhelming compensation for insured individuals and entities that suffered losses during protests, as operators guide policy holders on procedure.
Adeyinka Adekoya, the managing Director/CEO, Coronation Insurance (formerly Wapic insurance), in a statement said, “We are aware that our customers are dealing with numerous difficulties at this time, and the last thing they want is a painful and challenging claims process. We want our customers to return to their normal way of life as soon as possible, and have put in place a claims response platform for real-time communication and easy sharing of loss evidence to fast-track claims processing.”
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