UBA Provides N5 billion ($14 million) for COVID-19 relief support across Africa

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March 26, 2020United Bank for Africa Plc (UBA) today announced a donation of over 5 billion Naira (USD14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the Coronavirus (COVID-19) global pandemic.

The donation will provide significant and much needed support to Nigeria and 19 other African countries, by supplying relief materials, critical care facilities, and financial support to governments.

The UBA support programme will be allocated as follows:

  • N1 billion (USD2.8 million) to Lagos State Government in Nigeria.
  • N500 million (USD1.4 million) to Nigeria’s Federal Capital Territory, Abuja.
  • N1 billion (USD2.8 million) to the remaining 35 states in Nigeria.
  • N1.5 billion (USD4.2 million) to UBA’s presence countries in Africa.
  • N1 billion (USD2.8 million) for Medical Centres with equipment and supplies Free Telemedicine Call Centre facility.

The pan-African bank will fund a medical centre immediately in Lagos, Nigeria, with beds for isolation and ICU facilities, managed and operated in partnership with Heirs Holdings’ healthcare subsidiary, Avon Medical Hospital.

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In addition, UBA is providing a free telemedicine platform, that is physician-led, to provide direct access to medical advice to citizens, in compliance with social distancing requirements.

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UBA Group Chairman Tony O. Elumelu, stated ‘This is a time when we must all play our part. This global pandemic must bring citizens, governments and business leaders together – and quickly. As we see a rapidly increasing number of cases of the Coronavirus in Nigeria and Africa, the private sector has to work hand in hand with various governments, in stemming the spread of the global pandemic.

We commend the efforts of governments and we are keen to partner and contribute our resources to the collective effort, that will ensure the response to the pandemic is swift and effective’.

Operating in 20 African countries and globally in the United Kingdom, the United States and France, the United Bank for Africa has a strong record of supporting its communities, through challenging times.

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UBA Provides N5 billion ($14 million) for COVID-19 relief support across Africa - Brand SpurUBA Provides N5 billion ($14 million) for COVID-19 relief support across Africa - Brand Spur

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UBA Provides N5 billion ($14 million) for COVID-19 relief support across Africa - Brand SpurUBA Provides N5 billion ($14 million) for COVID-19 relief support across Africa - Brand Spur

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Chubb launches “Chubb LifeBalance” in Korea, a 360 degree personalised Health and Well-being App

SEOUL, SOUTH KOREA - Media OutReach - 12 April 2021 - Chubb today announced its release of "Chubb LifeBalance" in Korea, a digital health and well-being application that encourages people to incorporate healthy routines into their lifestyle.


UBA Provides N5 billion ($14 million) for COVID-19 relief support across Africa - Brand Spur


Chubb LifeBalance comprehensively assesses the lifestyle of users and provides a holistic view of health to help them to objectively measure and manage their own health condition.


Once users set their personal goals within the app, such as walking 5,000 steps a day, reducing snack consumption, and establishing a meditation and/or sleep routine etc., the coaching functionality starts to monitor and encourage the users to achieve their goals.


Chubb LifeBalance tracks and records over 115 different activities—including yoga, swimming, boxing, and meditation, and lets users invite their friends and family to join challenges and compete in these activities together. It connects with a full range of health devices and other apps such as Fitbit, Strava and Garmin.


Based on over 2,500 clinical papers and years of clinical data collected from over 300 million people, reputable teams from the Massachusetts Institute of Technology (MIT) USA participated in building a credible health score system behind the app so that users can effectively monitor their overall health and well-being.


The health points, based on activities and goal achievements set on the app, can be exchanged for mobile vouchers at various coffee shops, gas stations, and grocery stores to enjoy varied benefits. These are only available as exclusive incentives to existing Chubb customers.


Edward Ler, Country President of Chubb's general insurance business in Korea said, "Chubb LifeBalance was created to offer more advanced and personalized health and well-being services for the customers in Korea who lead busy lifestyles. We believe Chubb LifeBalance will help our customers strive towards a sustainable and balanced lifestyle."


The app is currently available on the Google Play Store and Apple App Store.


About Chubb

Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs more than 30,000 people worldwide. Additional information can be found at: www.chubb.com.


UBA Provides N5 billion ($14 million) for COVID-19 relief support across Africa - Brand Spur
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- Advertisement -UBA Provides N5 billion ($14 million) for COVID-19 relief support across Africa - Brand SpurUBA Provides N5 billion ($14 million) for COVID-19 relief support across Africa - Brand Spur