The Akwa Ibom State government has solicited the support of insurance brokers for the state’s infrastructural and economic development, as part of the eight goals of the ‘ARISE agenda’ being pursued by the state.
This was canvassed by the state’s governor, Pastor Umo Eno while speaking at the 2024 Chief Executive Officers’ (CEOs) retreat of the Nigerian Council of Registered Insurance Brokers (NCRIB), held in Uyo, Akwa Ibom State.
Governor Eno, while emphasising the importance of insurance in ensuring sustainable economic growth said, “Insurance is key part of any business that seeks to survive. In fact, the business of insurance exists to ensure the sustenance of other businesses. Therefore, the importance of what you are doing to the nation’s economic development cannot be overemphasised.”
Represented by the Commissioner for Economic Development, Mr Emem Almond Bob, Governor Eno noted that it is important to recognise the crucial role that brokers play as insurance intermediaries, using their skills and expertise to arrange insurance protection in the very best interest of their clients.
He said, “As you can rightly be described as the pillars of businesses in Nigeria, protecting the nation’s wealth, the part you play in advising your clients on types of policies to choose, recommending the selection of underwriters, rendering personalised insurance services that give your clients ease of mind, just to mention a few, have gone a long way to ensure the success of so many businesses in Nigeria and I commend you for this.
“One of the eight goals of the ‘ARISE agenda’ is ensuring sustainable economic growth and one of the ways this can be achieved is through having viable businesses, with proper insurance covers.
“I have no doubt that the council will touch on the current predicaments and challenges facing the insurance business in Nigeria and also fashion a way forward.”
President of the council, Prince Babatunde Oguntade, urged the state government to patronise only registered insurance brokers under the aegis of NCRIB to avoid dealing with charlatans.
Presenting a compendium of registered insurance brokers to the representative of the state governor, Oguntade disclosed that comprehensive details of all registered insurance brokers could be gotten from the compendium.
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