Boost image, patronage with CSR insurers told

Chuks Udo Okonta

Engaging in Corporate Social Responsibility (CSR) may be the panacea to the image challenge and low patronage of insurance products, Inspen has learnt.

The former President Chartered Insurance Institute of Nigeria (CIIN) Adeyemo Adejumo, who drums the need for operators to embrace CSR, in a forum in Lagos, called on his colleagues to do more in giving back to the society where they operate.

He noted that the public would embrace insurance when their lives are impacted by the contributions made by insurers.

Investigation shows that firms like Sovereign Trust Insurance Plc, Leadway Assurance Limited, Royal Exchange Assurance and few others are organisations championing CSR in the industry.