Business
Firm Launches App To Ease Insurance Transactions

An insurance firm, Sovereign Trust Insurance Plc, says its mobile application and USSD code introduced into the Nigerian insurance market will make insurance products and services available and affordable to a larger number of Nigerians at home and abroad.
The company stated this in a statement by its Head, Sales and Corporate Communications, Segun Bankole, titled ‘Sovereign Trust Insurance Plc rolls out mobile app and USSD’.
The statement quoted the Managing Director/Chief Executive Officer of the company, Olaotan Soyinka, as saying the two technological additions from the company were geared towards enhancing customers’ experience and ease of insurance transactions.
He said the company would constantly look for ways of delighting its customers both at home and in the diaspora.
Also, the Executive Director and Divisional Head, Technical, Jude Modilim, in the statement, explained the benefits of the app to include easy purchase of insurance policies such as third-party motor insurance, personal accident insurance cover, marine insurance and all-risks insurance cover.
He said the app would provide an easy and faster way to submit and track customers’ claims, adding that it was designed to help customers manage their insurance policies.
According to him, “Customers and agents can also make use of the insurance wallet on the mobile app while there is also the availability of pins and wallets for agents and brokers in carrying out their transactions on the mobile app.
“Other benefits include automatic and immediate updating of records on the Nigerian Insurance Industry Database, and renewal notifications and reminders of insurance policies”.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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