The Nigeria Insurers Association (NIA) has called on stakeholders to work together to redeem the industry’s poor image to move it to the next level.
The operators said such cooperation will enable them to maximise the untapped potential in the economy, and raise the confidence level.
He said: “We observed that many Nigerians are yet to embrace the culture of policy holding,” and expressed the need for the Association to engage in public education and enlightenment programmes that would excite the interest of the people in the business. The insurer therefore called on the operators to extend some of their programmes to the rural areas, to enable them tap into the potential at the grassroots.
“Another area, which the insurance industry is yet to fully explore, is the life policy and pension insurance scheme. This can really make long-term funds available for profitable investment in the insurance sector. “The time has indeed come for us to speak professionally and act like the true insurance professionals we claim to be in the course of performing or conducting our business.
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