Royal father canvasses need for innovative insurance products

Chuks Udo Okonta

The Alake of Egbaland, Oba Adedotun Aremu Gbadebo, has enjoined insurance operators to create a thinking environment for initiation of creative products that will meet the changing insurance consumers’ needs.

He gave the advice at the 2014 Chief Executive Officers’ retreat of the Nigerian Council of Registered Insurance Brokers  (NCRIB) held in Abeokuta, Ogun State.

The royal father also urged professionals in all fields of endeavours to create time regularly to retreat to enhance their efficiency and promote their work life balance.

Oba Gbadebo noted that professionals needed to always create ample time to rest and reflect, to effectively evaluate decisions and actions taken by them with a view to projecting more positively into the future.

The Alake observed that insurance brokers were the connecting link between the insurance providers and the customers, stressing that the anticipated success of the insurance industry depended greatly on them and that they must live up to the challenge.

The royal father commended the NCRIB for holding the retreat in Ogun State and implored members of the public to always utilize the services of insurance brokers in order to maximize their insurances.

President of the Council, Ayodapo Shoderu, said the NCRIB retreat was a yearly forum for interaction amongst insurance broking top notchers in order to enhance their productivity and bolster the value of insurance broking in the insurance value chain.

Shoderu disclosed that the Council has continued to extend the frontiers of its international relationship with insurance professional bodies all over the world, noting that the initiative has recently earned the Council an affiliate status of the British Insurance Brokers Association (BIBA).

In a paper delivered on “Winning Corporate Bids” by Mrs Moji Odanye-Odusoga, apprised insurance brokers with details and technicalities of packaging corporate bids, and urged them to always be diligent and meticulous in prospecting for corporate businesses.