Anti corruption war can foster attainment of N1trn premium income – NCRIB boss


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Chuks Udo Okonta

The President Nigerian Council of Registered Insurance Brokers (NCRIB) Kayode Okunoren, said the insurance industry can achieve the targeted N1 trillion premium income through sustenance of the anti corruption war which is a good tool to curb all mal-practices that have stemmed insurance growth.

Okunoren, who said this at a forum in Lagos, stressed that if all that are necessary are done by the government, public and operators, the target could be achieved this year.
He noted that if all government’s assets are insured and the public insurance their properties genuinely, the target would be surpassed. He maintained that the fight against corruption if sustained would really help change the way things are done.

He called on brokers to be creative and proactive in maximising the seemingly gloomy economy situation to their advantage, stressing that it is high time operators began to look at policy direction of the government as partly enunciated in the draft budget, in the area of diversification of the economy.

“The NCRIB under my leadership will ensure that all necessary strategic engagements are done to further enhance the growth of insurance in Nigeria, as well as increase the relevance of Insurance Brokers,” he said.

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