LEGAL REGIME OF INSURANCE MIDDLEMEN IN NIGERIA
Minimse apathy. Grow insurance
(Sprache: Englisch)
Insurance middlemen play a pivotal role in helping insurance consumers protect themselves against unforeseen future risks, and the world to respond to intractable interruptions of the twenty-first century. This is indispensable and without a doubt a direct...
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Insurance middlemen play a pivotal role in helping insurance consumers protect themselves against unforeseen future risks, and the world to respond to intractable interruptions of the twenty-first century. This is indispensable and without a doubt a direct outcome of their marketing role. They carry out this role through marketing and communication of complex insurance services directly to end-users with a promise to compensate the insured or a third party, relying on specified legal terms and conditions to cover the contingent event if it occurs. However, the primary legislation on insurance in Nigeria - The Insurance Act, LFN, 2004, provided for middlemen in sections 34 - 49, (sixteen sections only). A 17years old federal law covering insurance, Agents, brokers and loss adjusters in Nigeria. This law restricts the scope of middlemen and is now challenged by modern tech innovations across; it falls below international insurance middlemen standards and practice. Thus, the need for a review of the extant law to a strong, systematic and comprehensive one allowing for tech innovations, enlarged scope of middlemen. These will grow insurance and diminish apathy in the Nigeria.
Autoren-Porträt von Ph.D, Boma Geoffrey Toby
Geoffrey Toby, Ph.D, BomaBoma Geoffrey Toby holds a PhD in Insurance Law from Abia State University. She was the best graduating student in her graduate law programme and currently a senior lecturer, Faculty of Law, Rivers State University for 16 years now. She has over 44 peer-reviewed articles in local and international journals. Boma is blessed with 3 lovely children.
Bibliographische Angaben
- Autor: Ph.D, Boma Geoffrey Toby
- 276 Seiten, Maße: 22 cm, Kartoniert (TB), Englisch
- Verlag: LAP Lambert Academic Publishing
- ISBN-10: 6202802537
- ISBN-13: 9786202802536
Sprache:
Englisch
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