“Nigeria is in need of a quick recovery after the pandemic. The insurance industry is in a prime position to aid the country in this recovery by taking up its two most critical roles in nation building.'
As the pandemic ravages on, insurance operators are moving to adapt to the new paradigm shift, bracing for the new normal through quality and effective value delivery using Information Technology.Concerns have been raised by stakeholders, especially policyholders, on the quality of their service.
Presenting a paper on the theme, Insurance value delivery in the pandemic and beyond: A new reality, Senior Manager, Agricultural Value Chain Finance, Nigeria Incentive-Based Risk Sharing Agricultural Lending Mr. Opeoluwa Ogundipe, charged the operators to take advantage of the new realities.He stated that despite shutdown of businesses, some businesses are experiencing boom either based on foresight or luck.
“The two critical roles are building the resilience and productivity of businesses which will in turn allow other sectors in the economy to grow. The second opportunity is the pooled premiums invested in long-term productive opportunities such as infrastructure development that will create jobs, fuel growth and encourage innovation.’’
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