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LequteMan
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Nigeria - According to reports, a high number of spurious third party insurance papers are purportedly making the rounds in Nigeria, especially across Lagos State.
It's believed that these documents are most times obtained through seemingly official quarters; especially through cunning agents of the Federal Road-Safety officer (FRSC).
Leading the pack in these counterfeit documents is the third party insurance in the name of African Alliance Insurance (AA), here's how a sample looks like:
According to Mr. Wale Enitan, a senior officer in Ojodu Vehicle Inspection Office (VIO), up to 10 fake third party African Alliance Insurance papers are seized at VIO check points across the State every hour. “These (AA) insurance papers happen to be fake and it was not on our list of accredited insurance company that can issue vehicle insurance paper”, he added.
Related: LIST of Accredited Companies Underwriting Motor Insurance Business in Nigeria
Reports say the proliferation of this (AA) third party vehicle insurance paper has been going on for years at a cost ranging from N2000 to N3500.
Tunde, a taxi driver who fell victim to this scam claimed that the insurance paper was done for him by a senior staff of the Federal Road-Safety officer (FRSC) inclusive of other vehicle particulars for N45,000. “I have been using this paper for long and nobody has disturbed or accuse me of caring a fake insurance document until now” he added.
The Nigerian Insurers Association (NIA), the umbrella body for insurance companies in Nigeria, who expressed shock that the practice is yet to abate.
Mr. Davis Iyasere, the Head of Corporate Affairs of the NIA clearly condemned the act.
“We condemn unequivocally the masterminds of this heinous business of faking third party motor insurance certificates and use this opportunity to urge the respective law enforcement agents to go after these criminals who are out to plunder the national economy by denying the insurance industry premiums from motor third party insurance.
“In this particular case, we condemn the deception the touts have introduced to their unholy business by using the name of a life insurance company to perpetrate their nefarious activity. African Alliance Insurance Plc is registered as a full-fledged life insurance company and has no business underwriting motor insurance. The touts should stop this untoward business and know that the long arm of the law would soon catch up with them”.
"We urge members of the public not to patronize touts at licensing offices and local government secretariats but to obtain their Third party motor Insurance certificates from the registered offices of insurance companies.
He also advised members of the public to verify the authenticity of their third party motor insurance certificates by checking out their vehicle details on the Nigerian Insurance Industry Database (NIID) which is an online platform for authenticating third party motor insurance certificates.
This can be done by simply sending sms of policy number asterisk plate number to 33125 or call 07011784884 or 08030400804.
African Alliance Insurance said the company was not aware of the ongoing scam (fake document of AAA vehicle insurance paper) until recently when it was brought to their notice.
Related: LIST of Accredited Companies Underwriting Motor Insurance Business in Nigeria
Inside Mainland
It's believed that these documents are most times obtained through seemingly official quarters; especially through cunning agents of the Federal Road-Safety officer (FRSC).
Leading the pack in these counterfeit documents is the third party insurance in the name of African Alliance Insurance (AA), here's how a sample looks like:
According to Mr. Wale Enitan, a senior officer in Ojodu Vehicle Inspection Office (VIO), up to 10 fake third party African Alliance Insurance papers are seized at VIO check points across the State every hour. “These (AA) insurance papers happen to be fake and it was not on our list of accredited insurance company that can issue vehicle insurance paper”, he added.
Related: LIST of Accredited Companies Underwriting Motor Insurance Business in Nigeria
Reports say the proliferation of this (AA) third party vehicle insurance paper has been going on for years at a cost ranging from N2000 to N3500.
Tunde, a taxi driver who fell victim to this scam claimed that the insurance paper was done for him by a senior staff of the Federal Road-Safety officer (FRSC) inclusive of other vehicle particulars for N45,000. “I have been using this paper for long and nobody has disturbed or accuse me of caring a fake insurance document until now” he added.
The Nigerian Insurers Association (NIA), the umbrella body for insurance companies in Nigeria, who expressed shock that the practice is yet to abate.
Mr. Davis Iyasere, the Head of Corporate Affairs of the NIA clearly condemned the act.
“We condemn unequivocally the masterminds of this heinous business of faking third party motor insurance certificates and use this opportunity to urge the respective law enforcement agents to go after these criminals who are out to plunder the national economy by denying the insurance industry premiums from motor third party insurance.
“In this particular case, we condemn the deception the touts have introduced to their unholy business by using the name of a life insurance company to perpetrate their nefarious activity. African Alliance Insurance Plc is registered as a full-fledged life insurance company and has no business underwriting motor insurance. The touts should stop this untoward business and know that the long arm of the law would soon catch up with them”.
"We urge members of the public not to patronize touts at licensing offices and local government secretariats but to obtain their Third party motor Insurance certificates from the registered offices of insurance companies.
He also advised members of the public to verify the authenticity of their third party motor insurance certificates by checking out their vehicle details on the Nigerian Insurance Industry Database (NIID) which is an online platform for authenticating third party motor insurance certificates.
This can be done by simply sending sms of policy number asterisk plate number to 33125 or call 07011784884 or 08030400804.
African Alliance Insurance said the company was not aware of the ongoing scam (fake document of AAA vehicle insurance paper) until recently when it was brought to their notice.
Related: LIST of Accredited Companies Underwriting Motor Insurance Business in Nigeria
Inside Mainland
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