Harboursandport.com: Lagos - The Nigerian Council of Registered Insurance Brokers, NCRIB, has commiserated with victims of the Mandilas fire incident in Lagos and rued the poor attitude of the public to insurance.
Speaking
when he led a delegation of the Council to the scene of the fire incident, the
President of the Council, Prince Babatunde Oguntade lamented that the fire
incident had further led to the hardship in the country, considering the fact
that those who were victims of the fire were Nigerians.
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| President of The Nigerian Council of Registered Insurance Brokers, Mr. Tunde Oguntade led other Management Committee Members of the Council on on-spot visit to commiserate with victims of Mandilas fire in Lagos |
Oguntade noted
that the magnitude of the losses could have been mitigated if the victims
adequately insured their assets and utilized the services of insurance brokers who
are professional intermediaries in the insurance value chain.
While
calling on Nigerians to imbibe the culture of insurance for the mitigation of
their exposure to risks, Oguntade opined that government at all levels needed
to pay more attention to enforcement of existing laws backing some compulsory
insurances, to help the government and the people protect their human and
material assets, as well as grow the insurance industry.
The NCRIB
President said: “It remains inexpedient for government to continually seek to
provide palliatives for victims of calamities. Instead, they could assist them
to pay insurance premiums, to enable them make claims that would be consistent
with the volume of their losses when they occur”
He seized
the avenue to underscore the roles of the insurance brokers in educating
insurance clients (existing and potential) about benefits of insurance, while
also acting as their dependable allies in the event of claims payment.
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