Sculptured as a professional insurance broker, a former president of Nigerian Council of Registered Insurance Brokers (NCRIB) and now the president of The Lagos Chamber of Commerce and Industry (LCCI), Dr. Michael Olawale-Cole, says he has a responsibility to open the organised private sector to the values of insurance.
To bring this about Olawale-Cole expressed the Chamber’s readiness to collaborate with the Nigerian Council of Registered Insurance Brokers (NCRIB) to open up the organized private sector to the values of insurance available to all businesses that makes entrepreneurs dare to succeed.
He gave the assurance when members of the Council’s delegation, led by its President, Mr. Rotimi Edu, mni paid a courtesy visit on the Chamber in Lagos, promising to avail the Chambers platform to NCRIB to propagate knowledge about the values of insurance to business and commerce. A major catch, he noted, was for the Council members to join LCCI, the second oldest chamber of commerce in Africa.
Also speaking, NCRIB President, Mr. Rotimi Edu, mni stated that the visit of the Council to LCCI was part of the Council’s strategic engagement with professional bodies to broaden the frontiers of its relevance among the organized private sector in Nigeria.
Edu also charged the Chamber to use its platform to educate its members on the importance of all compulsory insurances, adding that insurance patronage was still at the lower rungs of embrace by individuals and businesses alike.
He said, ‘we will appreciate that your Chamber get the NCRIB involved in some of your programs both at international and national levels by giving room for the Council to tell the story. If the Chamber preaches this to all its members, it will ensure comfortability in times of claims.