Insurance sector not getting deserved recognition – Amosun

Ogun state Governor, Senator Ibikunle Amosun, yesterday stressed the need for stakeholders to explore the opportunities in the insurance sector, towards socio-economic development.

 

He noted that insurance, despite its strategic importance to the socio-economic development of the nation, had not been accorded its deserved recognition as a key component in the formulation of policies.

 

Amosun said this while speaking when he received executive members of the Chartered Insurance Institute of Nigeria (CIIN), led by its President, Mrs. Funmi Babington-Ashaye in his Oke-Mosan, Abeokuta office, yesterday.

 

The governor assured the delegation of his government’s readiness to collaborate with the Institute, in order to promote public awareness about the essence of insurance.

 

Earlier, Babington-Ashaye commended the government for the landmark achievements the state had recorded in the last six years.

 

She restated the “vital role of insurance to the security of lives, property and wealth creation, through professional development,” stressing that the Institute “plans to create awareness in this regard.”

According to her, “this will also promote trust and confidence of the people in the sector.”

 

 

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