Search Any Latest Music Below

Co-operators To Become Sole Owner of CUMIS Insurance

The Co-operators will soon become the sole owner of CUMIS General Insurance Company and CUMIS Life Insurance Company after Central 1 Credit Union withdraws its stake by the end of the month.

According to Central 1 CEO Mark Blucher, the move reflects his firm’s push to focus on its key strategic priorities.

“This shift allows us to focus our attention and resources on banking and payments solutions that provide the greatest value to our clients and their customers.”

“Our goal is for Central 1 to be the partner of choice who puts the focus on our clients and their needs, and creates a system environment that helps credit unions and their members thrive,” he added.

For his part, The Co-operators CEO Rob Wesseling said the change simplifies his firm’s structure and operations.

In a statement, The Co-operators said all due diligence has been completed in the required legal, tax, valuation and financial areas for the benefit of both organisations, their members, and clients.

The transaction awaits approval from regulators and compliance with customary closing conditions.

Once the agreement closes, CUMIS General Insurance will be restructured to become a subsidiary of The Co-operators.

Olamide New Songs
Davido New Songs
Phyno New Songs
Ghana Music Songs
olamide latest Songs
shatta wale new 2019 songs
AKA latest Songs
latest music 2019
latest songs 2019
latest 2019 Naija Music
davido new 2019 songs
latest South Africa Music 2019
wizkid new 2019 songs
2019 latest songs
tekno new 2019 songs
sarkodie new 2019 songs
Phyno new songs
latest Ghana songs 2019
latest Nigeria music 2019
new Naija music 2019
Latest Burna Boy 2019 Songs
Latest Falz 2019 Songs
Latest Patoranking 2019 Songs
Latest Tiwa Savage 2019 Songs
Latest Harrysong 2019 Songs
Latest Emtee 2019 Songs
Latest Runtown 2019 Songs
Latest Flavour 2019 Songs
Latest Timaya 2019 Songs
Latest Distruction Boyz 2019 Songs
Latest Nasty 2019 Songs
Latest Dremo 2019 Songs
Latest CDQ 2019 Songs
Latest Yung6ix 2019 Songs
Latest Lil kesh 2019 Songs
Latest Reekado Banks 2019 Songs
Latest Dbanj 2019 Songs
Latest Ycee 2019 Songs
Latest Simi 2019 Songs
Latest Yemi Alade 2019 Songs
Latest Kizz Daniel 2019 Songs
Latest Dammy Krane 2019 Songs
Latest Reminisce 2019 Songs

About Author


Related Posts

Leave a comment


Name Below (Required)      


© 2018 MP3GIST.COM Mp3 Mp4 Mkv Videos And Music Download. flexyjam, fakaza, hiphopza, naijaloaded, tooxlcusive, waploaded, netnaija, 9jaflaver
About us || Content Removal ||Privacy Policy || Contact us || Advertise Here