Insurers educate public on benefits of insurance

Matthew Otoijagha

It was all fun as insurance operators from all the arms of the industry exercised and walked along Ikorodu Road Lagos Monday. They also used the opportunity to educate the public on the need for insurance in their daily lives.

The yearly event which was organised by the Chartered Insurance Institute of Nigeria (CIIN) was designed to ease insurance operators of their daily work stress and keep them fit for better service delivery.

The operators at the event also participated in special sport competitions and winners were handsomely rewarded. President of the CIIN, Mrs. Funmi Babington-Ashaye, said the event over the years has helped in educating the public on the need to leverage insurance in protecting their lives and properties; stressing that insurance actually provides peace of mind as it helps return the insured to the position he or she was before a risk occurred.

She called on the public to transfer their risks to insurance companies, which are in business to help them preserve their lives and businesses. Mrs. Babington-Ashaye noted that the institute places high premium on awareness and education, adding that, that was why it has continued to donate insurance textbooks to schools and partnered the National Youth Service Corps (NYSC) to educate Youth Corps Members on how they can build a career in insurance through taking the institute’s examinations.

She appreciated organizations for supporting the fitness/road show and enjoined them to sustain the oneness observed during the exercise. The Chairman of the event, Chief Ajibola Ogunshola, who is the Chairman of Continental Reinsurance Plc., urged the operators to regularly observe fitness exercises and ensure they eat well.
Ogunshola, who is 75 years old, joined the operators in the walk which commenced from Sterling Assurance Limited office, through Maryland and terminated at NEM Insurance Plc.

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