Business Journal insurance summit holds March 10

Daniel

Chuks Udo Okonta

The Business Journal has said its first Insurance Summit and Exhibition 2014 will hold on Monday, March 10, 2014 at Sheraton Hotel, Ikeja Lagos.

A statement by the Publisher/Editor-in-Chief, Prince Cookey, said the theme is: ‘Closing Insurance Awareness Gap for Business Growth.’

He stated that the summit is to provide a platform for stakeholders in the insurance industry to brainstorm on key issues driving the immediate and future growth of the market.

“It is also our desire to keep insurance on the front-burner of national discourse to create better awareness and understanding of the industry and ensure sustainable growth.

“As the theme suggests, we strongly believe that closing the yawning insurance awareness gap in Nigeria will lead to dramatic increase in the fortunes of the industry for the overall benefit of all stakeholders-regulator, operators and consumers,” Cookey said.

The Business Journal publisher urged current stakeholders in the industry to seize opportunity of the summit to honestly address the challenges retarding rapid growth of the market to re-write the history of the insurance sector in Nigeria.

He described the summit as the little contribution of Business Journal magazine to the development of the insurance industry in Nigeria. He promised that the summit would be an annual event to constantly evaluate the progress of the industry, identify weak spots and generate ideas to address them and move the market forward.

Cookey said Commissioner for Insurance and the helmsman of the National Insurance Commission (NAICOM) Fola Daniel would be the Special Guest of Honour at the event to be chaired by Fatai, Lawal, President/Chairman of Council, Chartered Insurance Institute of Nigeria (CIIN).

The Distinguished Guest Speakers include Dr. Akin Ogunbiyi, Group Managing Director/CEO, Mutual Benefits Assurance Plc;  Gbolahan Olutayo, Managing Director, Goldlink Insurance Plc, Abdul Koledoye, President/Chairman of Council, National Institute of Marketing of Nigeria;  Yemi Soladoye of the Insurance Consumers Association of Nigeria, Ademayowa Adeduro, Managing Director, Anchor Insurance Company Limited and Iboro Otongaran, Managing Director, Prodata Limited.

 He paid tribute to NAICOM, Mutual Benefits Assurance Plc, Goldlink Insurance Plc, Chartered Insurance Institute of Nigeria (CIIN) and the Nigerian Insurers Association (NIA) for supporting the summit.