The management of AIICO Insurance company has described as sensational reports with headline, “Lagos lawyer drags AIICO Insurance company to court over breach of contract,” which we find to be sensational and misleading.
The underwriter in response to the report declared that it is rather the client who failed to fulfil his contractual obligations to the letter which failure actually undermines the purport of this Insurance Contract.
“As a responsible corporate entity, we choose not to engage in any commentary regarding the ongoing legal case, allowing the legal proceedings to follow its due course. We firmly believe in the judicial system and its ability to determine the truth and dispense of the matter accordingly. Consequently, we refrain from making any public statements until the conclusion of the current judicial process, whereupon we will address the matter appropriately.
“We remain steadfast in upholding our commitment to transparency, integrity, and the principles of justice.” the firm said.