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Chuks Udo Okonta
Universal Insurance Plc has announced the appointment of Paulinus Offorzor as its Executive Director, Technical Operations following the confirmation by the National Insurance Commission (NAICOM).
The appointment came on the backdrop of NAICOM’s directive that insurers should have an executive director in charge of technical operations by which the Board of Directors had forwarded his name to NAICOM as the nominee for the position.
Prior to his new appointment as the Executive Director, Offorzor was the Deputy General Manager, (Technical & Enterprise Risk Management) of the Company.
The Managing Director and Chief Executive Officer of the company, Ben Ujoatuonu, who confirmed the appointment, said the Company has complied with the provision of a guideline from NAICOM, which states that every company should have an executive director, technical operation.
Offorzor is a graduate of insurance from The Institute of Management and Technology, Enugu. He equally holds a Bachelor’s Degree in Economics (B.Sc. (Hons) from Imo State University, Owerri and a Masters in Business Administration (MBA) majoring in Insurance and Risk Management from ESUT Business School.
He is also an Associate Member of several professional bodies including Chartered Insurance Institute of Nigeria (CIIN) The Certified Pension Institute of Nigeria (CPIN) and Chartered Institute of Administration (CIA)
He started his insurance career with Intercontinental Assurance Co Limited in 1995 and has worked in several other companies within the insurance industry before joining Universal Insurance Plc as the Head (Technical & Enterprise Risk Management).
He was the General Manager/Chief Executive Officer Generation Insurance Brokers Limited. He is married with children.