Heirs Holdings (HH) announced the launch of Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA) on Tuesday 1st. Heirs Holdings will bring a dynamic, digitally driven proposition to the general and life insurance industry and a real one to customers Offer selection of products, prices, channels and claims processing.
Heirs Insurance Limited (HIL) provides general insurance and offers policies for vehicles, homes, SMBs, business risk and other real estate. Heirs Life Assurance (HLA) provides insurance-backed savings plans and life insurance security for individuals, families, parenting, debtors, creditors, entrepreneurs and employees. All plans provide complete protection for customers and create financial security for loved ones, valued assets, and real estate.
Both companies capitalize on the track record of Heirs Holdings, the pan-African investment group chaired by leading investor and philanthropist Tony O. Elumelu, CON. Heirs Holdings’ portfolio includes companies transforming financial services, energy, oil and gas, real estate, hospitality, healthcare and technology.
At launch, the companies announced a number of product innovations, including a web portal that enables customers to get an insurance quote in minutes and get a claim settlement in less than 24 hours from their mobile devices. The very intuitive and easy-to-use portal supports the entire customer journey, from product comparison to the search for the right insurance cover. They also showcased a range of customer-friendly, affordable products that are easy to understand, at all-inclusive prices, and tailored directly to the Nigerian market and the needs of Nigerians.
Heirs Insurance, the general insurer that enables Nigerian to protect their valuables and property, has introduced flexible, affordable, full auto insurance and new insurance products aimed at users such as cyclists, renters and SMEs. Heirs Life introduced affordable savings, term and inheritance plans that provide financial security for customers throughout their lifetime.
Dr. Adaobi Nwakuche, Ag. MD / CEO, Heirs Insurance, said, “We provide insurance that is easy to understand, fast and reliable, and that makes our customers’ lives easier. Our mission is simple: make insurance accessible. Our goal is to transform customer service: to reduce the waiting time for claims processing and purchases to a few minutes – across all touchpoints, including mobile devices. At Heirs Insurance, we want to offer our customers what they have so often been missing – high quality insurance at an affordable price – and with an insurer that is by their side. “
Niyi Onifade, MD / CEO, Heirs Life, said, “Our goal is to bring life insurance products into people’s daily lives to create financial inclusion and provide high quality financial services to many, not just a few. In this way we enable people to live more confidently, to realize their dreams and at the same time secure the future of their loved ones. With heirs, it’s about giving our customers financial security. When people build wealth we want them to know they have a partner in Heirs Life who will provide financial support for their entire life. “