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Chuks Udo Okonta
The enforcement of insurances of buildings and buildings under constructions will help tackle incidences of collapse buildings, Managing Director/ Chief Executive Officer, SUNU Assurances Plc, Samuel Ogbodu, has said.
Ogbodu, who said this in a press conference in Lagos, noted that the enforcement of insurances of buildings and buildings under constructions, which are within the ambit of compulsory insurances, will enable insurance firms deplore their professionals to examine the the state of building materials used in the development of houses in the country, thereby stemming the incidences of collapse buildings.
He noted that integration of insurance companies in the building process will help curb malpractices, adding that insurers will never provide cover for compromised property, stressing that insurance operators are needed to ensure standard in the building sector.
He noted that SUNU Assurances, would continue to ensure improvement of its service delivery to the insuring public and will come up stronger while its rounds-up the execution of the recapitalisation plan.