Monday 19 January 2015

LASG not Frustrating Insurance Monitoring - NIA


The Nigerian Insurers Association (NIA) has debunked a report in a daily newspaper that the Lagos State Government is frustrating its ability to monitor insured vehicles in the state.

A statement by its Head, corporate affairs Davis Iyasere, said the story does not represent the true state of affairs as it concerns the relationship between the Nigerian Insurers Association and the Lagos State Government in respect of the launch of the Nigerian Insurance Industry database monitoring devices to be used by relevant law enforcement agents of the government.

He noted that the true position is that the Association is engaging stakeholders in the state including the Motor Vehicle Administration Agency (MVAA), the VIO, and Ministry of Transport, the supervisory ministry with a view to launching the Nigerian Insurance Industry database monitoring device in the state.
"We must restate that the Hon. Commissioner for Transport, Comrade Kayode Opeifa has been most supportive of our efforts to see that the device is launched in the state.

"To turn around and accuse the state government of frustrating the launching of the device will be most unfair.

"Senior officials of Lagos State governor have shown tremendous support for the project fully convinced that it remains a veritable mechanism for wiping out fake insurance certificates."

He said the story is a misrepresentation of the state of affairs as it concerns the relationship between Lagos State government and the Nigerian Insurers Association, adding that  the association views the state government as a critical stakeholder in the battle against fake motor insurance certificates and would continue to seek the support and collaboration of the state to win the war.

"The Association acknowledges the fact that the Lagos State Governor, Babatunde Fashola has been in the forefront of efforts to promote insurance culture in Nigeria and has taken advantage of every available opportunity to propagate the gospel of insurance.

"It is on record that only Lagos State has domesticated the law on insurance of Buildings under construction amongst other laws on insurance.

"We do not intend to join issues with anybody on this but to state that the story which quoted an anonymous source did not emanate from the Association.

"The Lagos State government and the general public are hereby urged to disregard the entire story as it does not reflect the true position of things," he said.

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