Palomo Abogados ’s Post

𝐀𝐫𝐞 𝐘𝐨𝐮 𝐅𝐮𝐥𝐥𝐲 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐋𝐢𝐭𝐞𝐫𝐚𝐭𝐞? In today’s evolving insurance landscape, understanding your policy is essential. Misunderstandings often arise from inadequate onboarding and unfamiliarity with policy terms, conditions, and exclusions. It’s vital to comprehend every detail of your insurance contract before signing. 𝐓𝐢𝐦𝐞𝐬 𝐚𝐫𝐞 𝐂𝐡𝐚𝐧𝐠𝐢𝐧𝐠 - Insurance in Africa is evolving, and insured are becoming more concerns about the details. Clotilde Fon Ameck ln the event of a dispute regarding your claims, follow these steps to ensure efficient resolution: 🎯Review Your Policy Documents, know exactly what you’re covered for. 🎯File a complaint with your insurer, providing detailed documentation and evidence. 🎯Escalate the matter to regulatory bodies if necessary. 🎯Seek legal advice from a qualified insurance law expert. 🎯Consider mediation or alternative dispute resolution methods. 🎯Reach out to consumer protection agencies for support and guidance. 🎯Regularly assess your insurance provider's suitability. 🎯Contact the African Insurance Organization (AIO) - Reach out to regional experts for support 📢 𝐑𝐞𝐦𝐞𝐦𝐛𝐞𝐫: Insurance companies are committed to paying genuine claims promptly. Contracts are legally binding, and companies are obligated to honor their promises. If issues arise, regulatory bodies, legal experts, and consumer protection agencies are available to help. 👋 I’m 𝐕𝐢𝐯𝐢𝐚𝐧 𝐎𝐠𝐡𝐞𝐧𝐞, I partner with corporate businesses to create tailored insurance solutions. Let’s review your insurance portfolio to ensure it’s the right fit for you and your business. 𝐒𝐞𝐧𝐝 𝐦𝐞 𝐚 𝐃𝐌 𝐭𝐨𝐝𝐚𝐲! 🔗 Share with your network and join the conversation in the comments! Haoma Worgwu Day 4 ...#20dayslinkedinchallangewithhaoma #InsuranceLiteracy #UnderstandingYourPolicy #InsuranceClaimsResolution #EfficientClaimsHandling #InsuranceDisputeResolution #RiskManagement #InsuranceEducation #AfricaInsuranceIndustry #InsuranceAwareness #InsuranceLiteracyMatters

Yesterday, key stakeholders in Nigeria's insurance industry gathered at the National Assembly Complex in Abuja for a pivotal closed-door meeting focusing on the Insurance (Consolidated Bill) 2024. Originally known as the Insurance (Consolidated) Bill 2020, this legislation holds significant implications for the sector's future. Stakeholders, including NAICOM, NIA, and NCRIB, aimed to address critical issues and strategize for its successful passage. The outcome could shape regulatory frameworks, enhance consumer protection, and bolster market competitiveness. Stay updated on this crucial legislative process: https://lnkd.in/dy8TTEzg

The insurance sector in Cambodia recorded $27.04 million in gross premium in February this year, down 0.38 percent compared to February 2023, a report from the Insurance Regulator of Cambodia (IRC) showed. https://smpl.is/901tq

Carlos Coelho and António Tam spoke with the Asia Insurance Review, sharing their insights on Macau's insurance market, diving into the latest regulatory developments and impact on GBA collaboration. You can read the full article here: https://lnkd.in/g94YzXWG #MarketSpotlight #GBA #Insurance #LegalInsights

The #IA today published its latest edition of Conduct In Focus, covering topical issues involving regulatory conduct in the Hong Kong insurance market. We take a deep dive into the role of insurance brokers in the life insurance market. We examine referral business and the imperative of preventing this from being used to foment unlicensed selling. With fees for licence applications and related notifications being introduced from 23 September 2024, we look back at what has been accomplished in the past five years since the IA took on the regulation of insurance intermediaries. We also take a look forward at our continued commitment to protect policy holders, develop a sustainable insurance market and evangelise the importance of insurance to society. Other topics covered include best practices for general insurers on sending out renewal notices; the restructuring of our Market Conduct Division into the Conduct Supervision Division and the Enforcement Division to underpin the IA’s dual emphasis on prevention and deterrence; and a defence of secretaries working on the insurance market. And proving that even regulators can be innovative sometimes, this edition of Conduct In Focus comes to you both in written and audio forms. So, enjoy reading/listening: https://lnkd.in/g82mYdNq #InsuranceAuthority #ConductInFocus #ConductSupervision 

An essential component of the #insurance business is trust. Customers must surrender control, rely on knowledge, and feel confident in their choices. Surveys conducted worldwide reveal a notable lack of public trust in the financial services sector as a whole, with the insurance sector being especially impacted when compared to sectors such as energy, consumer goods, food, and technology. 🖥️📈 Let's dissect and comprehend the underlying reasons why people have little faith in insurance.❓ Aparna Mishra #insurance #policies #globalprotectiongap https://lnkd.in/d2gH9FAe

Liberty Group Lead Research and Insights Specialist, Zandile Makhoba, explains why there are low insurance penetration rates in South Africa and reveals how insurance can be made more accessible.

Short Op-Ed on what is happening to unit-linked insurance policies in Italy and why it is important for the European Market. #lifeinsurance #Unitlinked #EUlaw #ECJ #IDD #MiFID #EULawLive https://lnkd.in/dPHSqJzW

#pressrelease #AfricaNewsroom #bizcommunity #publicrelations #africa #southernafrica #southafrica Important considerations for insurers during election season - Usually, the South Africa Special Risks Insurance Agency (SASRIA) provides cover for business interruption losses...

Top 5 Biggest Insurance Companies in the Philippines 2023 Discover the top 5 insurance companies in the Philippines in this comprehensive video! We'll take you through an introduction of each leading company, giving you a brief overview of their impressive net sales and key offerings. From life insurance to health plans, see what sets these companies apart. Plus, learn about their stellar reputation and exceptional customer service that keeps clients coming back. Whether you're looking for reliable insurance or just curious about the market, this video has all the insights you need. Don't forget to like and share the video with anyone who might benefit from this information! #PhilippinesInsurance #TopInsuranceCompanies #InsuranceOverview #CustomerService #NetSales #FinancialSecurity #PioneerInsurance #BPIMS #FWDInsurance #SunlifeInsurance #PhilippineAXA #Top5 #Philippines #Top5Philippines #Tough5PH https://lnkd.in/gd2asWv7