UNIVERSAL INSURANCE PAYS N1.35BN CLAIMS, REAFFIRMS COMMITMENT TO CUSTOMERS

Universal Insurance Plc has disbursed N1.35 billion in claims to policyholders in the first half of the year, demonstrating its dedication to prompt and reliable service delivery.

The company’s management highlighted the payout as a reflection of its strong financial position and commitment to honouring obligations to customers across various insurance classes. Officials noted that the timely settlement of claims remains central to building trust and encouraging wider insurance adoption in Nigeria.

Universal Insurance reassured policyholders of its continued focus on customer satisfaction and operational efficiency. The company also emphasised its readiness to handle legitimate claims efficiently while maintaining high standards of professionalism.

Industry analysts described the significant claims payment as a positive indicator of the insurer’s liquidity and reliability. They believe consistent claims settlement will help strengthen the company’s reputation in the competitive insurance market.

Universal Insurance expressed gratitude to its customers for their continued patronage and pledged to sustain its focus on delivering value and protection to policyholders. The company remains committed to supporting the growth of the Nigerian insurance industry.