Goldlink Insurance Plc has paid the sum of N929 million in claims in the first six months of 2012.
The MD/Chief Executive Officer of the company, Mr. Femi Okunniyi, disclosed this in Lagos at the 2012 edition of the Nigerian Council of Registered Insurance Brokers (NCRIB) bi-monthly forum hosted by Godllink.
The breakdown shows that the underwriting company paid N209 million on Motor; N258.3 million on Fire; General Accident took N80.3 million; N30 million was paid on Engineering Insurance, while the Life Company settled claims totalling N316.9 million during the period under review.
Mr. Okunniyi emphasised that Goldlink Insurance in its 20 years existence has remained committed to quick settlement of claims, adding that "claim settlement remains the acid test of insurance."
He also took the opportunity to introduce the company's online third party motor insurance and to showcase the competitive edge his company has in the areas of thoroughbred professional staff, state of the art information technology, good corporate governance culture, among others.
During the meeting, Mr. Femi Okunniyi emphasised the need for harmonious business relationship in the insurance business so as to enhance the image of insurance practice and the industry as a whole in the country.
He appealed to brokers to actively support the NIID programme of the industry by providing adequate information about the businesses they generate in order to evolve a database that all stakeholders can be proud of.
The president of the council, Barrister 'Laide Osijo, in her address thanked Goldlink for hosting the event and assured the company that the council will continue to dedicate itself to the best practice standards in the profession.