INSPENONLINE: NCRIB installs president, holds confab

Friday 11 October 2013

NCRIB installs president, holds confab

Chuks Udo Okonta

The Nigerian Council of Registered Insurance Brokers (NCRIB) has said the place of Insurance Brokers in Financial Sector Strategy (FSS 2020) will be the central focus at its 2013 National Insurance Conference holding in Lagos from October 22, 2013.

A statement signed by the Executive Secretary of the Council, Fatai Adegbenro, said the Conference which holds at the National Secretariat of the Council in Lagos, has a theme entitled: "Insurance Brokers and FSS 2020: Imperatives of Insurance Growth Strategy" and will be delivered by the Head of FSS 2020 project, O.A Jokosenumi.

He noted that the National Insurance Conference which is one of the most resourceful yearly fora of the industry is meant to draw attention of insurance professionals and other players in the business sector to their place and contributions to national economic vision and development under the FSS 2020.

He noted that the National Conference will climax with the investiture of the institute’s deputy president, Ayodapo Shoderu as the 17th President of the Council on Thursday, October 24, 2013 at the Federal Palace Hotel, Lagos under the chairmanship of Chief Ernest Shonekan, while the Alake of Egbaland, Oba Adedotun Aremu Gbadebo is the royal father of the day, among other high net-worth guests expected to grace the occasion.

He said Shoderu is a consummate Insurance Broker with over four decades experience in the insurance industry in Nigeria and overseas. He has held strategic positions in the Council, notably as Auditor, Vice President and later Deputy President, from which position he is to ascend to the post of the President.

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Lawal is Inspen 2014 insurance man of the year

The former President Chartered Insurance Institute of Nigeria (CIIN) Fatai Lawal has emerged the 2014 Inspenonline Insurance Man of the year.

Fatai who is the the Managing Director Sterling Assurance Nigeria Limited was named today, at the Nigerian Insurance and Pension Award organised by Inspenonline.

Chief Executive Officer Inspenonline Media, Chuks Udo Okonta, said Lawal was picked from the votes casted by the public and other considerations made by the award's panel of assessors.

He noted that the winner raised the bar at the the Institute and the industry by opting to serve a tenure which was eventful and impactful. He added that amongst the legacies left by the winner was the printing and donation of Insurance books to secondary and tertiary institutions aimed at deepening insurance awareness.

Okonta noted that the award, which started two years ago with the recognition of two distinguished individuals and an underwriting company, has now come to stay.

"This year, we decided to raise the bar by setting high standards to judge the operations of companies and impacts made by individuals in moving insurance and pension business forward.

"To achieve this, we gave the public the opportunity to select those to be celebrated by calling for votes. Having harmonised the votes which came from different parts of the country, we benchmarked the scores with the set standard to arrive at the winners we are celebrating today," he said.

Others winners are AIICO Insurance Plc, Insurance company of the year; FUG Pensions Limited, Pension Fund Administrator of the Year; YOA Insurance Brokers Limited and Glanvill Enthoven Insurance Brokers Limited, Insurance Broker of the year.

Professional Excellence Award went to Professor Joe Irukwu; Best Professional Group went to the Chartered Insurance Institute of Nigeria and Association of Registered Insurance Agents of Nigeria; Corporate Brand went to Mansard Insurance Plc and Leadway Assurance Limited while Corporate Social Responsibility Award was won by Sovereign Trust Insurance Plc.

The organisers also recognised organisations that distinguished themselves, with Excellence Award. Organisations in this category include the National Pension Commission, Lagos State Pension Commission, Goldlink Insurance Plc and Pension Transition Administration Directorate.

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