The West Africa Insurance Companies Association new President, Eddie Efekoha says his term will focus on areas that require improvement in order to actualise the desire to build a sound. efficient and financially stable WAICA capable of adding value to its members across West Africa,
Getting this done Efekoha stated would require restructuring of the secretariat. liaise with WAISA to harmonise policies and regulations within the subregion and ultimately make WAICA a repository of information on insurance in West Africa.
He said his tenure would also nudge insurance industry of the nations in WAICA to pursue clear collectively actions that make insurance the backbone of the various economies, provide the much required peace of mind for all stakeholders and create an enabling environment for industries and economies in the sub region.
Moreso, he set a mission to accomplish for himself, which is to “work closely with other stakeholders including the regulators across the subregion to give WAICA the required impetus and support to serve and support the insurance industries and nations better.
“Together from the shores of Gambia to Liberia to Nigeria and to Sierra Leone, we shall work together to ensure that insurance takes its rightful place in the anglophone West Africa states and will become the envy of all on how insurance should be practised for profitability, in unity and with integrity, professionalism, hindsight and foresight,” he stated.
