Management team of Old Mutual Nigeria,
Distinguished members of the NCRIB Governing Board,
Our guests here present,
Gentlemen of the Press,
Ladies and Gentlemen,
I am most delighted to have you here today and I formerly welcome you all to this edition of NCRIB Member’s Evening which is being hosted by Old Mutual Nigeria. Let me reiterate for the umpteenth time that the impact of our cherished bi monthly meeting, otherwise known as ‘Members’ Evening’ is of no little measure as more underwriting firms now jostle to host the meeting. This is a clear indication that Nigeria Insurance market belongs to the Brokers, and we are proud to say that our resolve to entrench professionalism is giving us leeway. It is becoming clearer to insured public that the best insurance is the one through a Registered Insurance Brokers, hence, the desire to partner brokers. I can only encourage my professional colleagues to also cherish this meeting and make the most of business opportunities in it. The choice of Old Mutual Nigeria out of those that have applied to host June edition of our Members’ Evening was not farfetched from the company’s pedigree and its decision to host our members with a unique touch. Earlier today, the company offered our member companies’ auditors and accountant a free training on IFRS. I must commend this company for this positive thought, as the training is apt and timing. This Company has proved to us that it’s indeed Brokers’ friendly since the last time it hosted same meeting. The company remains one of the leading underwriting firms in Nigeria. I want to congratulate the management team of Old Mutual Nigeria, led here today by the Managing Director, Mr. ……., I can assure you that my colleagues will definitely partner you in insurance business.
NATIONAL ISSUE
Just last week, our nation was again plunged into deep mourning as we lost eight students of Olabisi Onabanjo University and four post-UTME candidates of the institution in a ghastly accident at Ilishan Junction along Sagamu/Benin Expressway. It was terrible and shocking; death has again depleted some of our future leaders. We commiserate with the bereaved families and we can only pray that God will grant the families the repose to bear the irreparable loss. We are using this medium to call on government to find lasting solution to incidents of avoidable accidents on our major roads. You will recall that in a couple of months ago, the incident of tanker driver accidents was almost affecting the nation’s economy as goods and properties worth billions of naira went down in inferno. The unfortunate part of these incidents was most of the affected properties and lives involved were not adequately insured. Although, insurance may not prevent death, the trauma of dependants after the loss of breadwinners, could be avoided if insurance has been given its rightful place. Once again, we are appealing to government to inculcate the culture of insurance in every citizen as tool to manage risk. Government should also partner insurance industry to enforce all the compulsory insurances. Like I always say, everything worth having, worth insures.
CEOs’ Retreat
May I sincerely appreciate all delegates to the last CEOs’ Retreat of our Council. I am most delighted to inform you that 2015 Chief Executive Officers’ Retreat was a very successful outing. Benin City in Edo State, the venue of the Retreat was stormed by hundreds of delegates for refreshing moments. We were privileged to have the representative of Edo State Governor, Adams Oshiomole at the Retreat. Without any iota of doubt, the Retreat has opened vista of business opportunities in Benin City for interested colleagues. I must also appreciate the Local Organising Committee for their unrelenting efforts to make the program a successful one. The CEOs’ Retreat has remained a yearly platform for Insurance Broking top notch to come together for the admix purposes of fraternizing and sharpening their professional skills. We were not in any way disappointed by our guest speakers, especially, Dr. Segun Olatunji, who handled the theme paper“Staying Afloat in Trying Times”.
MEGA CONFERENCE
Like I told you at the last Members’ Evening in April, that one of my intentions as the 17th President of our noble Council was to see all the different arms of insurance industry working together in an accord. The much touted Insurance Industry Consultative Council (IICC) maiden edition of Insurance Industry Mega Conference is just around the corner. It is billed to hold between Sunday 26th and Tuesday 28th July, 2015 at Transcorp Hilton, Abuja. I urge you all to fully participate in the 2015 Insurance Mega Conference of the Nigeria Insurance Industry. The Conference will attract delegates from all the arms of insurance industry, even beyond the shore of our nation. The theme of the conference is “Developing Insurance Business for National Growth”. We are part of this conference, we believe strongly in it. It will foster the industry unity; enhance our knowledge of our profession. I beseech you to register early to avoid late hour rush.
SEMINAR.
As part of efforts to enhance the scope of business of members, I am delighted to note that the Council is finalizing strategies to host Micro Insurance seminar that will be free for members in collaboration with GIZ. It is believed that the training will expose our members to the untapped market in that aspect. I hereby implore everyone to be in attendance.
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