NCRIB underscores values of insurance in national security

Rotimi Edu

Kindly leave a comment and share

Chuks Udo Okonta

The Nigerian Council of Registered Insurance Brokers (NCRIB) has said insurance and national security affect each other as risks exposure which insurance exists to succuor would not be rife in an environment challenged by insecurity.

President of NCRIB, Rotimi Edu, said this at the 2022 NCRIB National Insurance Conference and Exhibitions themed “Insurance in the Face of National Security” in Abuja.

He submitted that the theme for the conference could not be more apt than now, considering the challenging security situation in the world and the country today, adding that there are exposures of lives and properties in a period of social commotion and general insecurity, necessitating the need for the public to have a perfect understanding of their roles towards better acceptance of insurance at a time like this.

“It is an irony that just as we speak, the country’s exposure to activities of criminal elements such as Boko Haram and Bandits have been a continuous threat to our collective peace. Also, from the news we have been inundated with in the last few days there had been flooding of some parts of the country, leading to destructions of properties, lives and farms and as such posing grave challenges to food security that would have ripple effects on the future of the country,” he submitted.

Edu noted that
whilst great kudos should be given to the federal government for its combative roles against all forms of insecurity in the country, more still needs to be done with the cooperation of such strategic stakeholders like its Council and the insurance industry to vitiate this malaise.

“We must all realise that sustainable progress could only be accomplished in an environment of peace and tranquility, and as a result, no shade of conversation should be spared in finding solutions to this problem,” he posited.

The NCRIB boss maintained that
to continually drive in the need for innovation through technology for the benefit of enhancement of knowledge of brokers, focus was devoted to the sub theme “Driving Business Through Technology”.

He expressed appreciation to all members for their support and encouragement for the success of his leadership team and Council.

“You have all shown perfect understanding and support for the Brokers-Centrism thrust of this administration. I am sure that whatever the situation we would continue to surmount with cohesion and unity of purpose,” he said.

He noted that it is the desire of the Council to see all brokers play more ethically and professionally as the most critical segment of the insurance value chain.

We would continue to distinguish our service and Council as the “League of Reputable Insurance Brokers in Nigeria”. Part of this we are already poised to accomplish with the introduction of a professional membership seal for individual and corporate members, just as it is the practice by other solid professional institutions, he said.

Leave a Comment

Your email address will not be published. Required fields are marked *