Nigeria: Insurance Brokers Tasked On Strategies for Consistent Policies

Jun 23, 2017 | This Day; All Africa

The Nigerian Council of Registered Insurance Brokers (NCRIB), has been charged to evolve strategies that will enhance policy consistency and sustainability in the insurance sub sector of the economy.

The Cross River State Governor, Professor Benedict Ayade, who gave the charge, while declaring open the 2017 Chief Executive Officers' Retreat of the Council held in Calabar Cross River State, said policy consistency was the key to multi-sectoral development of the Nigerian economy. "As decision makers and managers of critical sectors of our national economy, I charge the Council to come up with strategies that will enhance policy consistency and sustainability in the insurance sub sector as this is the key to multi-sectoral development", the governor said. He also urged the Council to come up with workable and more proactive measures that would tackle the many problems militating against the insurance sector. Ayade assured the brokers that as a state that is propelled by the spirit of enterprise, the state government would establish partnership with the NCRIB, to ensure the attainment of set objectives. The governor, who was represented by the Secretary to the State Government, Barrister Tina Agbor, underscored the understanding of the state government about the critical importance of insurance to all the state's developmental goals. "We fully understand the critical importance of insurance to all of our developmental goals and while creating the enabling environment for businesses and other forms of investment to thrive, we shall key in appropriately by taking up insurance policies to cover our investments across the state", he added. Read more on All Africa. Source: All Africa