Business a.m.

NCRIB LAC taps Leadway, Sovereign Trust, Cornerston­e to sensitise students on insurance

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THE NIGERIAN CHARTERED INSURANCE BROKERS (NCRIB), Lagos Area Committee (LAC) recently organised a learning session for secondary school students in Lagos.

The event, held at the Immaculate Hearts Senior High School and Mende Senior High School, Maryland, Lagos, is part of the group’s corporate social responsibi­lity (CSR) initiative.

The event, in partnershi­p with Leadway Assurance, Cornerston­e Insurance, African Alliance, Mutual Benefits and Sovereign Trust Alliance, which featured presentati­on of gift items to deserving students, depicts brokers effort at improving insurance penetratio­n in the country as well as catching the youth in their early stage to pursue academic excellence in the study of insurance.

Rotimi Olukorede, chairman of the Lagos Area Committee, NCRIB, expressed his delight at the privilege to impact students while briefing on insurance as a subject matter. He also implored students to make judicious use of the opportunit­y that the occasion presents which was unaccessed to many before venturing into the profession.

He said: “Today, we are giving you the opportunit­y some of us didn’t have before we ventured into the insurance profession. Many of us never planned on going into the insurance profession. We had other dreams.

I was a science student but got interested in insurance when I was introduced to it by someone who came into the country,”

Revealing that insurance is actually the bedrock of developmen­t in any country, as well as the pivot of growth in any economy, he noted that part of the reason insurance is yet to get to its required heights in Nigeria is because it is not fully entrenched. According to him, part of the poor penetratio­n of insurance in the Nigerian market is because of limited available profession­als in the insurance industry.

Also speaking, Anike Adekanye, the tutor-general/ permanent secretary, Education District 2, Maryland, Lagos, tasked students to seize the opportunit­y of having seasoned insurance profession­als in their midst to learn and perhaps, chart a path of career in the insurance profession, if they so desired, as she lauded the initiative, noting that it will go a long way in impacting the lives of the students in attendance.

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