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NCAT Receives N1.2bn Insurance Claims from A&G Insurance Group

By on October 27, 2012

The Nigerian College of Aviation Technology’s (NCAT) has received over N1.2 billion of insurance claim from Composite insurance group, Alliance & General Insurance (A&G) Plc.

 

The Nigerian College of Aviation Technology’s (NCAT) is a major client of the Alliance & General Insurance (A&G) Plc for many years, NCAT suffered a major loss following the crash of one of its aircrafts two years ago, which lead to insurance claims from A&G.

 

According to the Chief Operating Officer (COO) of the group, Mr. Dotun Onipede, the NCAT plane crashed May 23, 2010 during the process of landing by a trainee pilot with no human casualty.

 

Mr. Onipede disclosed this in Lagos during the week, noting that both parties are still very much in business, as the relationship is still intact.