Tag: REX Insurance

  • REX Insurance launches e-platforms for motor insurance

    REX Insurance launches e-platforms for motor insurance

    Rex Insurance has unveiled its new digital platforms designed to revolutionise the way motor insurance is accessed and purchased.

    The platforms, comprising an E-portal and website, allow customers to purchase Rex Insurance motor insurance policies with ease and transparency.

    These platforms have been optimised for speed, simplicity, and security, enabling real-time policy issuance, digital payments, and instant policy document delivery.

    Managing Director/CEO, Rex Insurance Limited, Mrs. Ebelechukwu Nwachukwu, reaffirmed the company’s focus on customer satisfaction and regulatory adherence.

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    To further our mission of protecting individuals and their assets, “Rex Insurance is simplifying the process for vehicle owners to obtain this mandatory policy, ensuring they meet all legal obligations, she said.

    She explained that the motor insurance products available for purchase digitally include Third Party Motor, private and commercial; Third Party Fire & Theft, private and commercial; Motor Comprehensive private and commercial; Royal Auto Bronze; Royal Auto Silver; and Motor Trade. And within minutes, payment is completed, and your insurance certificate is sent to you via email.

    In this era dominated by digital technology, convenience and accessibility are crucial, noted Mrs. Nwachukwu, adding that by establishing digital channels for selling our motor insurance products, ‘’we are not only giving customers more options and flexibility but also empowering our sales team to better meet the needs of their clients’’.

    She also said some key features of the digital platforms include seamless onboarding for individual and corporate customers, 24/7 policy issuance and instant renewal options, Integrated payment gateways for quick and secure transactions.

    Chief Digital Information Officer, Rex Insurance, Mr. Adeyinka Aderombi said: “The future of insurance sales is digital—where customers expect seamless, intuitive, and instant purchasing experiences. Our website is more than a sales channel—it’s a smart, data-powered engine that simplifies complex decisions, helping customers find the right coverage in minutes. it’s the new frontline of customer engagement.

    “By integrating real-time underwriting and instant policy issuance, we’re turning what used to take days into a matter of clicks and every digital transaction on our platform is built with robust safeguards, ensuring customer data is protected at every step. At Rex Insurance, we have combined cutting-edge technology with unwavering commitment to privacy and compliance.’’.

  • REX Insurance appoints four executives

    REX Insurance appoints four executives

    The Board of Rex Insurance Limited (Rex) has announced the appointments of some key executives.

    They are Adesola Akintayo as Executive Director, Technical; Abayomi Kayode as Chief Financial Officer (CFO); Adeyinka Aderombi as Chief Digital Information Officer (CDIO); and Kazeem Sulaimon as Head, Underwriting.

    The appointments have been approved by the National Insurance Commission (NAICOM), the company said.

    Chairman, Dr. Ike Chioke, said the appointees would play a pivotal role in driving the company’s strategic initiatives and fostering continued growth as they bring a wealth of experience and expertise to the company.

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    He said: “Furthermore, the company stated that these four appointments were done to ensure that Rex Insurance continues to exploit the opportunities that abound in the general insurance space and ensure continued growth for the company, especially as it seeks to focus on technical competence, financial growth, and become a digital insurance company, offering efficient and seamless services to its clientele.’’