Insurance agents to examine revised guideline on micro-insurance


Insurance agents are set to collectively examine the recently released revised guideline on micro insurance and determine how to maximize opportunities therein.

The Chairman in Council, Association of Registered Insurance Agents of Nigeria (ARIAN) Gbadebo Olameru, said the body will sit to analyze the guideline and take a position on how members can harness opportunities provided by the guideline.

According to him, the guideline is one of the best legacies the Commissioner for Insurance Mohammed Kari has made for the industry. He said the guideline has provided a platform for professionals to contribute more to the industry, whilst encouraging professionals to take advantage of the initiative to better their lots and increase insurance penetration in the country.

Managing Director Lancelot Ventures Limited, Adebayo Adeleke, has urged professionals to leverage the guideline to deepen insurance at the grassroots. He also cautioned would-be micro insurance operators to avoid mistakes made by some micro finance operators, who left their core area of business to operate like conventional banks.

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