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Working With Travel Insurance Broker

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Notwithstanding the growth of technology which seems to threaten the aged long role of insurance brokers, it cannot be easily dismissed that insurance brokers play a crucial role in advancing the insurance industry. In discussing this crucial role, let us use travel insurance as a guide. Travel insurance brokers act as an intermediary between the policy buyer and the insurance company providing the travel insurance. Most buyers of insurance do not go through the brokers, preferring to rather deal directly with the insurance company. There are others who realize their important role and transact business through them. But what ever may be the reason for or against insurance brokers, the reality of it is that it is a case of different strokes for different folks. But is working with a travel insurance broker right for you?
According to Mr. Adewole Oluwole, managing director of Fair Deal Brokers, it is very important to go through the broker because he understands the insurance companies more than outsiders. The broker, for instance knows the likely traps that the insured usually fall prey to as well as the insurance companies who have a tradition of excellence or failure as the case may be. “In buying travel insurance, it is the brokers’ job to know which companies are the best and what the details of the policies offered represent to their clients. They are trained to know the right questions to ask in order to steer the prospective buyer to the right travel insurance policy that will sooth his taste and needs” The broker, he said can help to evaluate the various options towards taking the right decision on a particular policy. A broker is also in a better position to handle the claims for you when the need arises to file a claim. He explained that the brokers have access to information on how best to process the relevant paperwork because they have vast experience and also know how the system works and how to exploit it to maximum advantage.
In many cases working with a broker will provide one with some degree of protection against financial loss in case something goes wrong during the claims process. This, of course, assumes that the broker you are working with is the one that knows his onions.  In this regard, it is advisable to ensure that you know who the broker is before committing any money to him or her. It is easy to become the victim of fraud, especially in this clime where there are fraudsters who specialized in faking documents and this is a common occurrence.
While it of great advantage to use the brokers, those who shun them are quick to point out that it is rather expensive to go through brokers. Since they are in business, they charge extra fees than the ones offered by the insurance companies. So aside from the possibility of working with someone who is less than scrupulous, the first drawback in dealing with a broker is cost. That means that coverage purchased through a broker will likely be more expensive than that purchased directly. Expert opinion is that one can receive good value for the extra fee so charged.  But if on the other hand, one is looking for rock bottom prices then chances are that going for travel insurance directly may work better for you. Buying directly normally ensures that you pay as little as possible while at the same time getting a good policy and good customer service. For many buyers, buying travel insurance from a direct provider appears to the best of all possible options. In this regards, the middle man’s role is cut off while still keeping the costs low and having a professional backup behind the sales.
The question that arises therefore is how do you decide if working with a travel insurance broker is right for you? If you prefer high touch to high tech then you should consider turning to a broker for your insurance needs. The only prize one would pay is a higher prize. If, on the other hand, one is relatively self-sufficient and willing to do detailed homework, then such a person may be a good do it yourself candidate. However if you decide to do it yourself, it is recommended that necessary consultations are made with expert so that you are better guided to achieve the needed results.

 

 


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NCC Arrests Man for Hacking into DSTV System

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Nigeria Copyright Commission (NCC), has arrested one Mr Aliu Olalekan, for allegedly hacking into DSTV system and watching the channels free without subscription.

NCC Arrests Man for Hacking into DSTV System

Mr Matthew Ojo, NCC Director in the Lagos Directorate Office said this while speaking with newsmen in Lagos, on Tuesday.

He said that the suspect used to watch DSTV channels free without subscription on his Android phone via an app which he downloaded on google play store.

“This suspect distributed the know-how to his telegram followers and on his blog with the aim of gaining more followers and viewership on his blog and makes more money through google ad-sense.

“The operation was based on surveillance which had earlier been carried out by the Multi-choice team and verified by a copyright inspector, ” he said.

He added that the arrest was made in collaboration with a team of copyright inspectors led by the Head of Enforcement Department, Mr Charles Amudipe.

Others included; a team from Multichoice Nigeria led by Mr Umar Ibrahim and policemen from Lagos Command Headquarters, Ikeja.

Ojo said that the joint team conducted an anti-piracy operation at the premises of the culprit in Amukoko, Lagos.

According to him, the suspect was contacted on phone by a member of the operation team on the disguise of patronising him. “The suspect came out to meet the caller and in the process of discussion, he was apprehended.

“The suspect took the team to his resident. The squad paraded his one-room apartment and recovered his laptop and phones used in perpetrating the ungodly act. “He was arrested and brought to the copyright commission office for further investigation, ” he said.

Ojo said that, on getting to the commission’s office, the statement of the suspect was taken and the inventory of items seized from him taken. He said that investigation on the matter was still ongoing and if found guilty the suspect will be charged to court.

 


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NCC, Digital Encode Support NITRA Innovative Tech Forum On Post-COVID-19 Strategies

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The Nigerian Communications Commission (NCC), Nigeria’s telecommunications regulator and Digital Encode, Cybersecurity and Compliance advisory company, have indicated interest to partner with the Nigeria Information Technology Reporters Association (NITRA), the national umbrella body of ICT reporters, as it organizes a forum that will x-ray the industry’s future plans for ICT growth post pandemic era.

 

The event, slated to hold on October 15, 2020, will seek to discuss the needs for a fortified ICT sector after the COVID-19 era, and the level of preparedness of ICT stakeholders to embrace the challenge of being pivotal to the stability and growth of all other sectors.

 

A statement from NITRA National Secretariat in Lagos indicates that due to the pandemic and need to observe the COVID-19 protocol on social distancing, the event will be held via a Webinar.

 

This year’s theme, “Multi-stakeholder Approach To National Recovery Post-Pandemic”, is in line with the annual event’s generic theme, ‘NITRA Innovative Tech Forum’, a contribution by NITRA to the development of Information and Communication Technologies (ICTs) innovations and policies in Nigeria.

 

Prof. Umar Danbatta, executive vice chairman, NCC is expected to deliver the keynote speech at the event and will throw more light on Federal Government’s plans, programmes and policies on post-pandemic strategies using ICT.

 

Dr. Adewale Obadare and Dr. Seyi Akindeinde, founders of Digital Encode, while accepting to support the event expressed their readiness to offer their expertise in Cybersecurity for organisations to prepare against cyber- attacks with the new normal.

 

They will also highlight areas that are high risks that need fortification in terms of cybersecurity.

 

Speaking on the event, Mr. Chike Onwuegbuchi, national chairman, NITRA, noted that as the COVID-19 pandemic continues to leave its negative trails across the globe, economic reboot for countries will not only depend on how well they readapt to the new normal, but also more on their recovery plans.

 

According to him: “While the federal government has consistently expressed its willingness to set all policies in place to engender growth, and accelerated implementation of these policies, private sector firms have also shown great hunger for the task ahead in post-COVID-19 era.

 

However, the question that needs to be answered is whether all stakeholders are ready for the required task ahead.”

 

The event will also offer participating companies opportunities to publicize some of their individual efforts at contributing to reacting a soft landing or lifeline for SMEs and other ancillary companies as the pandemic threatens their survival.

 

Digital Encode is a multi-award winning and leading consulting and integration firm that specializes in the design, management, and security of business-critical networks, telecommunications environments and other Information Technology (IT) infrastructures.

 


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NCC Threatens Illegal Users of GSM Boosters with Arrest, Prosecution

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Nigerian Communication Commission (NCC) has warned telecom consumers to desist from using illegal GSM boosters.

NCC Threatens Illegal Users of GSM Boosters with Arrest, Prosecution

The commission also said that anyone caught using a GSM booster without obtaining approval of a duly licensed network operator will face arrest and prosecution.

GSM boosters are devices that transmit and receive telecommunications signals and can therefore interfere with other radio frequency equipment.

Ikechukwu Adinde, director, public affairs, NCC, said in a notice published on NCC website, that only licensed network operators are allowed to use GSM boosters.

The booster, also known as amplifier or repeater is made up of three main elements – exterior antenna, amplifier, and interior antenna.

They form a wireless system to boost cellular reception

“Members of the public should note that, willful interference with any wireless telegraphy is an offence under Section 16 of the Telegraphy Act, 2004,”it said

The agency said it will not condone any flagrant breach of this law.

It has also enforced measures to prosecute offenders.

Accordingly, monitoring mechanisms have been put in place and anyone caught using a GSM booster without obtaining approval of a duly licensed network operator will face arrest and prosecution.

“Any member of the public with useful information regarding the illegal use of GSM Boosters should contact the Commission on 09-4617000/7351 or send an email to [email protected],” the notice said.

“Individuals desirous of using GSM Boosters should note that they can only do so in conjunction with licensed network operators,” it added.

 

 


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