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MANSARD WINS WEB JURIST AWARD 2014

L-R: Mr. Cyril Ekechi, Deputy Director / Tax Controller, FIRS; Mr. Henry Akwara, Divisional Director, Claims & Risk Management, Mansard Insurance Plc; and Mr. Foluso Phillips, Executive Chairman, Phillips Consulting Group at the Web Jurist Awards 2014 in Lagos where Mansard emerged the Overall Winner in the Insurance Category.
L-R: Mr. Cyril Ekechi, Deputy Director / Tax Controller, FIRS; Mr. Henry Akwara, Divisional Director, Claims & Risk Management, Mansard Insurance Plc; and Mr. Foluso Phillips, Executive Chairman, Phillips Consulting Group at the Web Jurist Awards 2014 in Lagos where Mansard emerged the Overall Winner in the Insurance Category.

Mansard Insurance plc has emerged the over-all winner in the 2014 Web Jurist Awards, organized by renowned consulting firm, Phillips Consulting Limited. The well attended event came up on June 17, 2014 at the Eko Hotel & Suites, Victoria Island, Lagos.

Mansard won the awards for ‘Best in Website Technical Aspects’, ‘Best in Website Content’, and ‘Overall Winner’ in the Insurance Category. According to Mr. Henry Akwara, Director, Claims & Risk Management Division of Mansard, ‘’These awards have further underscored the fact that industry watchers are appreciative of the efforts we are deploying at Mansard, especially in this digital age to deliver superior service experience to our customers’’.

The Web Jurist Awards which commenced in May 2001 have over the past 12 years, contributed tremendously to raising the awareness of organizations to the functionality, effectiveness and efficiency of their websites. The six domains of analysis include aesthetics, technical aspects, site content, web transaction processing, customer experience and performance.

Mansard Insurance website is aesthetically pleasing and easy to navigate, it is fully automated such that customers can get quotes, make purchase, chat or request to be called back on phone, lodge insurance claims, track claims processing, check statement of investment/savings policies all in real-time.

Notes to the Editor:

Mansard Insurance plc, was incorporated in 1989 as a private limited liability company and is registered as a composite company with the National Insurance Commission of Nigeria (NAICOM). The Company offers life and non-life insurance products and services to individuals and institutions across Nigeria whilst also offering Investment Management and Health Maintenance solutions through its two subsidiaries, Mansard Investments Limited and Mansard Health Limited respectively. The company also recently received NAICOM’s approval for Micro Insurance Operations.

The company was listed on the Nigeria Stock Exchange in November 2009 and has Market Capitalization in excess of N24 billion remaining the biggest insurance company on the Nigerian Stock Exchange.

Standard Chartered Bank Commits $10. 7B to Africa’s Growth

*Report says Africa Leapfrogging World Economies

stephen richards

 Standard Chartered Bank Plc in its 2014 African Report has stated that a new “confident African middle class is emerging, and trade is expanding rapidly, notably with Asia.” The report notes that “Africa is leapfrogging old technologies and embracing the digital revolution, leading the world in innovation such as mobile payments.” Standard Chartered Bank, commissioned an independent report, and put together by Professor Ethan Kapstein of Georgetown University, United States.

According to the report, which was presented to journalists in Lagos, by Dr. Rene Kim, founding Partner at Steward Redqueen, although the dearth of infrastructure and barriers to intra-nation trade is hampering a much bigger trade, Africa has recorded consistent growth faster than the rest of the world in the last decade.

The report which measured the impact of Standard Chartered Bank’s operations in terms of economic value added and employment supported, also considered the bank’s impact on Africa’s trade, deploying a global network spanning more than 68 countries, as the only international bank with a major presence across both Africa and Asia. It further undertook a qualitative assessment of other ways in which Standard Chartered Bank contributes to local communities in Africa, including through financial innovation, risk management, business practices and community investments.

“By measuring direct and indirect impact”, the report shows that “our operations and financing support some 1.9million jobs in the markets where we operate in Sub-Saharan Africa. The bulk of these jobs are in advanced, high value-added sectors – the fast-growing manufacturing and service industries that are changing the face of Africa’s economies. We contribute $10.7 billion in economic value added, equivalent to 1.2 per cent of sub-Saharan Africa’s GDP. The bank supports sub-Saharan trade worth $7.2 billion.”

Dr. Kim noted that Africa’s share of world trade amounts to 5% but records only 3% of intra-African trade. “A number of reasons can be adduced for the lack of intra-African trade, part of which include lack of or dearth of infrastructure. There is also the issue of barriers which needed to be taken out for effective intra-Africa trade.”

He credited the emerging Africa economic success for having been “built on solid foundation that is sustainable for the long time.” He however stated that despite “Africa’s strong performance, poverty and income inequality continue to be significant challenges.”

He further stated that “job creation is not keeping pace with the continent’s rapidly growing population.” Most critically, Dr. Kim stated that “quality jobs are essential to eradicating poverty and fostering real development in economies. Banks fuel employment by providing credit and other financial services that help businesses set up trade and expand – and by working with governments to remove barriers to economic activity.”

Standard Chartered Bank has operated in Africa for over 150 years and the region remains a core part of the bank’s group strategic intent. It re-entered Nigeria (after the 1976 nationalisation programme) in 1999. It has over 180 branches in 15 countries and over 8,000 staff. Standard Chartered Bank Africa is a highly respected, well established ‘household name,’ with deep-rooted local knowledge and experience. The bank also has a unique international footprint which enables it to facilitate the growth of international trade corridors between Africa and the rest of the world. With a world-class suite of products, services, distribution channels and systems, the bank provides customers with increasingly sophisticated and pioneering banking services – unrivalled in Africa.

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