By Yemisi Izuora-Lagos
Stakeholders in insurance sector have expressed optimism that the creation of new policies in the insurance industry would create more jobs in 2015 as the industry has the potential for improvement next year.
Dr Adelayin Oniwuide, a former President of Chartered Insurance Institute of Nigeria (CIIN), said that the industry had created some micro insurance products that would boost its premium.
“I am aware that the insurance sector is carrying out various awareness programme on its products such as the agricultural policy.
“With shopping malls and houses springing up in different locations, people will want to take policy against fire,” oniwuide said.
He said that the industry would require new marketers that would sell its products and that a lot of people would at the end be employed.
Chief Samuel Asorobi, an insurance analyst also expressed great expectation that the industry would attract more customers.
Asorobi said that if more people were to buy into the various policies that would be introduced, it would definitely increase the ability of insurance companies to pay claims.
He, however, urged the Federal Government to create an enabling environment that would help to sustain businesses, especially small and medium scale enterprise.
