8 defunct insurers: Panic grips policyholders as liquidation process commences

…How to recover claims, benefits
From Adanna Nnamani , Abuja
Policyholders of the eight insurance companies whose operating licences were revoked by the National Insurance Commission (NAICOM) for not scaling the recapitalisation hurdle are panic-stricken over fears of losing their investments.
Some of them ranted on social media, while some are waiting impatiently for announcements by the regulator, NAICOM.
However, experts note that all hope is not lost as affected customers can tread official paths to protect their interests and recover valid claims, premiums and other benefits owed to them.
The affected companies are; Staco Insurance, Goldlink Insurance, Universal Insurance...