Thursday, 13 March 2014

Brokers condole with Iponri market fire victims


Shoderu

Chuks Udo Okonta


The Nigerian Council of Registered Insurance Brokers (NCRIB) has condoled with victims of the recent fire that gutted the Iponri Shopping complex in Lagos, destroying properties worth millions of naira.

The inferno in which no fewer than 30 shops were destroyed and goods worth millions of naira lost occurred at the Abibatu Mogaji model market, popularly referred to as Iponri shopping complex.

A statement signed by the President of the Council, Ayodapo Shoderu, noted that the loss was regretful, considering the fact that it has robbed many of the victims of their means of livelihood and was capable of creating social problems.

Shoderu noted that the recurrence of market fires in Nigeria should provoke proactive thinking about risk management on the part of governments and individuals on the need to embrace insurance for goods and persons.

He advised relevant governments to put in place adequate insurance covers for markets in their jurisdictions, noting that such steps will relieve government of avoidable compensation to victims when losses occur.

The NCRIB President opined that the utilisation of services of Insurance Brokers will allow clients maximise their insurances through personalised professional advice rendered by them to clients from the point of premium payment to loss compensation. 

 

 

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