Insurance

Kari to insurers practice what you preach

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Kari

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Chuks Udo Okonta

The Commissioner for Insurance Mohammed Kari has urged insurance operators to reflect professionalism in their words and deeds by upholding the tenets, ethics and principles of their profession.

His disclosed this in Abeokuta, the Ogun State Capital, stressing that operators should imbibe the spirit of professionalism in the discharge of their responsibilities.

“Those that knew me before I became Commissioner can bear witness that I have always harped on the need to embrace professionalism as our Core Value in the Industry. Almost fourty years in my career I still have not seen a reason to change that stance. Insurance Practitioners must begin to reflect professionalism both in their words and deeds by upholding the tenets, ethics and principles of the Profession,” he posited.

Kari maintained that as professionals, operators are expected to invest in their personal education beyond what their employers would provide, and that they are expected to imbibe the spirit of professionalism in the discharge of their responsibilities to their employers.

“I can almost hear someone ask what happens when our employers force as to do an act that is unprofessional. To such I will say, you should exercise a professional judgment as when the act is found out, both you and the employer are sanction able.

“We have seen unbridled, unsustainable and technically unsound rates being offered by supposedly insurance professionals more out of the need to meet a target than to properly underwrite,” he added.

He accused professional brokers who take businesses from contraptions called “sub-agents” who by the way are not registered and urged all operators to esteem professionalism so that the industry can take its rightful position.

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