In this post, we’ll talk about a major player in Nigeria’s energy insurance market. Here is all the information you require regarding International Energy Insurance PLC.
Contents
About International Energy Insurance
The first energy-specific insurance company in Nigeria, International Energy Insurance, started doing business there. First off, IEI is a company with experience in offering underwriting solutions for both onshore and offshore risks.
The company also engages in business in the general insurance industry.
In 1969, International Energy Insurance became a legally recognized corporation. Nigeria Exchange Insurance Company Limited was its previous name. Time brings about change, and IEI has witnessed many changes throughout the years that have all helped the company get to where it is now—at the top.
The company’s dynamics were updated, which also brought about the most major shift, and this resulted in the founding of International Energy Insurance in 2003 with a concentration on energy insurance.
In 2007, International Energy Insurance made the decision to go public, becoming International Energy Insurance PLC.
In conclusion, International Energy Insurance PLC has connections throughout the world in addition to within the nation.
The company has support from reinsurance companies both inside and outside of Nigeria. It also has a technical cooperation with Marsh Limited and AON Corporation, London, the top reinsurance broker in the world.
International Energy Insurance Management and team structure
International Energy Insurance PLC has a workforce of dedicated individuals looking to provide the best of insurance services to those who need them.
IEI’s top-level management is made up of the following:
- Martins Wayer- Chief Operating Officer (B.Sc, M.Sc, MNIM, ACII)
- Jonathan Ifidon- Group Head, Technical (B.Sc BUSINESS ADMIN., MBA, ACIIN)
- Emmanuel Etim Bassey- Chief Finance Officer (HND ACCOUNTING, ACA, MBA FINANCIAL MGT, FCA)
- Olawale Adedokun – Head, Information Communication & Technology (Higher Diploma in Computer & Mgt, PGD Comp. Sc, MBA MGT, ANIM, ITIL)
- Solabomi Odubiyi – Head, Underwriting (B.Sc POLITICAL SCIENCE, M.Sc MARKETING, ACIIN)
What products does International Energy Insurance offer?
Three broad terms are used to describe IEI’s products. Those are
- Upstream Risks:
This covers insurance coverage for things like FPSOs, platforms, oil rigs, pipelines, mobile drilling barges, vessels, and craft, as well as for things like seepage and pollution, terrorist attacks, abandonment, and decommissioning.
- Downstream Risks:
Refineries, petrochemical plants, pumping and metering stations, gas plants and compressors, gas turbines, storage facilities/tank farms, transportation, and pipelines are among the objects covered by this risk information.
- General Insurance:
offers protection for common things. As an illustration, consider Engineering/CAR, Bond and Finance Guarantee, All Risks, Other Special Risks, Hull, Cargo, Protection and Indemnity, Freight, and Money Insurance.
Others include Professional Indemnity, Workmen’s Compensation, Group Personal Accident, Goods-in-Transit, Motor Vehicle, Comprehensive and Third Party Insurance, Fire and Allied Perils, Group Personal Accident, Goods-in-Transit, Burglary and House Breaking, and Personal Accident.
How to process claims at International Energy Insurance?
To process a claim at International Energy Insurance, you need to send in your claim details on the company website.
In addition, you can also send in an email, or visit the nearest office.
How can you reach International Energy Insurance?
International Energy Insurance can be reached through a variety of channels.
- Official email channel – [email protected]
- Through their customer care call centre – +234-01-4616972-4 (which is available from 8am – 5pm)
- Via their website – https://www.ieiplcng.com/
- Visit any of their offices. The company operates through 13 offices across the nation, with its headquarters in Lagos at Plot 294, Jide Oki Street, Off Ligali Ayorinde, Victoria Island. It has branch offices in Yenogoa, Ilorin, Akure, Ibadan, Kano, Kaduna, the FCT, Makurdi, Port Harcourt, Calabar, Warri and Lagos
CONCLUSION
IEI is a major Insurance company providing Insurance services for the energy sector. If you’re looking for energy sector-related services, IEI is the direction to follow.
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