L- President of the Nigerian Council of Registered Insurance Brokers, Mr Rotimi Edu and the Chief Executive Officerr of National Insurance Commission/ Commissioner For Insurance, Mr Sunday Olorundare Thomas at the 2022 insurance brokers conference & Exhibition in Abuja Thursday
By Favour Nnabugwu
The security challenge and the rampaging floods in the country have been the focus of the conference of the brokers in Abuja.
Insurance brokers are also more concerned about the rise in floods which rendered many homeless and lots of property destroyed
The 2022 Insurance Brokers Conference & Exhibition of the Nigeria Council of Registered Insurance Brokers, NCRIB, was parked full with eminent personalities who specialise in security of the nation put heads together on how best insurance industry could come to help ameliorate the challenges there in.
President of the NCRIB, Mr Rotimi Edu said the theme of the conference, Insurance in the Face of National Security” could not be more apt than now, considering the challenging security situation in the world and the country today.
Edu said insurance and security are not something that can be separated. “Needless to state that insurance and national security affect each other. There is no way risks exposure which insurance exists to succuor would not be rife in an environment challenged by insecurity”
“There are exposures of lives and properties in a period of social commotion and general insecurity, necessitating the need for the public to have a perfect understanding of their roles towards better acceptance of insurance at a time like this”
“t I is an irony that just as we speak, the country’s exposure to activities of criminal elements such as Boko Haram and Bandits have been a continuous threat to our collective peace”
The country has not yet clam down on security challenge before floods ravage some part on the country, NCRIB President noted, “Also, from the news we have been inundated with in the last few days there had been flooding of some parts of the country, leading to destructions of properties, lives and farms and as such posing grave challenges to food security that would have ripple effects on the future of the country.”
In all of that, he said the federal government is trying hard to calm the situations, adding that more need to be done. “While great kudos should be given to the federal government for its combative roles against all forms of insecurity in the country, more still needs to be done with the cooperation of such strategic stakeholders like our Council and the insurance industry to vitiate this malaise.
“We must all realise that sustainable progress could only be accomplished in an environment of peace and tranquility, and as a result, no shade of conversation should be spared in finding solutions to this problem”