Nairametrics
  • Home
  • Exclusives
    • Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Ranking & Reviews
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • General News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Ranking & Reviews
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • General News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home General News

Experts advise on ways to ensure market penetration in insurance sector

Joseph Olaoluwa by Joseph Olaoluwa
August 15, 2019
in General News
Ogunlana
Share on FacebookShare on TwitterShare on Linkedin

Workers in the insurance sector have been urged to take their services with all sense of seriousness in order to ensure a wide level of market penetration or risk oblivion.

This piece of advice was given by Olola Bode Ogunlana, an icon in the insurance sector as he advocated the need for more awareness about the benefits of insurance to the public. According to a report, Ogunlana said this at the 60th Anniversary Gala Night of the Chartered Insurance Institute of Nigeria (CIIN).

Insurance in Nigeria, FBN Holdings Annual general Meeting, FBN General Insurance Limited CEO Bode Opadokun, FBN General Insurance Limited 2018 financial result
Insurance in Nigeria

[READ MORE: Why telcos should double $70 billion investments – NCC]

Ogunlana noted that the sector was at a great risk of oblivion if efforts were not intensified by insurers to remedy the situation in time. He urged insurers to be aggressive in pushing out their products in order to tap from a bigger pool of the Nigerian market.

He highlighted the giant strides taken by the Institute and lauded the success of the underwriters who have demonstrated great knowledge and capacity in the industry. Ogunlana, however, urged that more efforts should be geared towards attaining collective success.

The icon advised insurers to learn more skills and acquire enough expertise in different sectors of the economy. According to him, several sectors are in dire need of the policies and services of insurers.

In the same vein, Sunday Thomas, the new acting Insurance Commissioner asked the Institute to adopt every idea suggested to them at the meeting and improve upon them, as a way of helping the Commission achieve its goals.

The incumbent President of the CIIN, Eddie Efekoha, was full of gratitude to the past Presidents for their immense contributions in pushing the Institute forward.

[READ MORE: CBN warns banks against enforcing insurance cover on borrowers]

In his remarks, he promised to extend his legacy to the young professionals coming up in the industry by training them in the values and ethics of the Insurance Commission.

“We will encourage and involve young professionals in the affairs of both the institute and the industry, mentor them on the values of professionalism, integrity, ethical conduct, which you, our elders, hold very dear to your hearts.”

Related

Tags: Chartered Insurance Institute of NigeriaEddie EfekohaInsurance SectorOlola Bode OgunlanaSunday Thomas

Leave a Reply Cancel reply

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

Access Bank
Bankers Committee
First bank


Flowmono

Bfpeer
Mega Millions
FCMB
Ikeja Electrics
Zenith CEX
Kwakol Markets




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • 5 cryptos that could strengthen your portfolio in June
    • LASACO Assurance records 24% drop in Q1’22 gross premium
    • GDP: Non-oil sector grows by 6.08% in Q1 2022

    Follow us on social media:

    Recent News

    5 cryptos that could strengthen your portfolio in June

    5 cryptos that could strengthen your portfolio in June

    May 23, 2022
    LASACO Assurance records 24% drop in Q1’22 gross premium

    LASACO Assurance records 24% drop in Q1’22 gross premium

    May 23, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Ranking & Reviews
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • General News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com