Nigeria Targets Young Professionals To Drive Insurance Growth

INAUGURAL SPEECH DELIVERED BY DR. (MRS) BOLA ONIGBOGI, ACII, FCIB AS THE  20TH PRESIDENT OF THE NIGERIAN COUNCIL OF REGISTERED INSURANCE BROKERS  DURING HER INVESTITURE CEREMONY HELD AT THE TRANSCORP HILTON ,

Yemisi Izuora

The Nigerian Council of Registered Insurance Brokers, NCRIB, is developing a structured curriculum targeting young insurance booking professionals in a coordinated attempt to drive growth in the industry.

Bola Onigbogi, President and Chairman, Governing Board of the Council, observed in a speech delivered during its Members evening on Wednesday that the greatest asset that any regime or organisation could bequeath its professional members is to pay considerable attention to human capital development.

Onigbogi, said the present Council officials have vowed to pay significant attention to the promotion and growth of the Council’s members and younger insurance broking professionals through a well-articulated training and mentorship programmes. “We deliberately designed trainings and activities that eventually exposed them to the nitty-gritty of insurance broking profession. The most recent of this was the maiden edition of NCRIB Non-CEOs Associate Empowerment Series. We will continue to doggedly pursue the desire to have members trained.” Onigbogi told the forum.

The Chairman, recalled some modest level of success recorded in the last two years of the administration, but not without a few challenges which we conquered with wisdom and understanding. “However, we inculcated good attitude and morally sound responses to situations. We deployed technology innovatively within the uncontrollable constraints such as COVID-19 and ensured that we did all what was there to be done in the right order.” she said.

She appreciated Unitrust Insurance Company for hosting the event which has reaffirmed the company’s position as a leading Insurance Brokers-friendly underwriter in Nigeria.

In her remarks she touched on some key issues affecting the Council but most particularly preparation towards 2021 National Insurance Brokers Conference & Exhibition and the Annual General Meeting, AGM.

The Conference and the AGM already on course would be held at the T.A Braithwaite Event Hall on Monday, October 18, 2021 for the Annual General Meeting and Wednesday, October 20, 2021 for the National Insurance Brokers Conference and Exhibition.

The Secretariat and the Events Organizing Committee are now dotting the I’s and crossing the T’s to ensure a very successful outing, she informed adding, “Interestingly, the event will climax with the Investiture of the 21st President of the Council in the person of our diligent and brilliant current Deputy President, Barr. Rotimi Edu, mni. I believe that the in-coming President is seriously warming up to take our Council to greater heights. Investiture of Barr Edu will be held at Marriott Hotel, Ikeja, Lagos on Thursday October 21, 2021.”

She solicited members support as the Secretariat will open the registration portal for the Conference and urged all to register online to enable to allow for adequate preparation for all delegates.

She also said that preparations are high for the 47th Annual African Insurance Organisation Conference and General Assembly which would be held in Nigeria. The event is billed for September 4 – 8, 2021. “I like to encourage distinguished members to take advantage of the proximity to attend the Conference. The highlight of the event will be the installation of Mr. Tope Smart, immediate past chairman of Nigerian Insurers Association (NIA) as the President of the Organisation.” Onigbogi added.

In continuation with the actualization of its policy thrust and in view of the need to effectively collaborate with opinion moulders, the Council connected with strategic stakeholders. “It will be recalled that the Council engaged the likes of former President Olusegun Obasanjo, the Osun State Governor, Alhaji Gboyega Oyetola, FCIB, the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, and conferred on them, the status of NCRIB Ambassadors.

I am most pleased to state that the Council has further conferred the NCRIB Ambassadorial Status on another first class traditional ruler, Emir of Kano, Alhaji Aminu Ado Bayero. Through the visit to the Palace of the Emir and Kano major market, we used the opportunity to apprise audience of the importance of Insurance as well as sensitised them with the advantages derivable from utilizing insurance brokers for all their Insurance transactions.” she said.

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