Thursday, October 16, 2025
28.9 C
Lagos

Anchor Insurance CEO, Ebose, Tasks Media Practitioners on Insurance Growth

R-L: Mr. Chuks Okonta, New Chairman of NAIPCO; Mr. Adebisi Ikuomola, Executive Director, Anchor Insurance Company Limited and Mr. Nelson Egboboh, Head, Corporate Communications, Anchor Insurance, at the official inauguration of the new NAIPCO EXCO at Sheraton Hotel, Ikeja today.

Mr. Ebose Augustine, Managing Director/Chief Executive Officer, CEO, Anchor Insurance Limited, has appealed to media practitioners to assist the insurance sector in its ongoing efforts to deepen insurance penetration in the country.

Ebose said that the media can render assistance through adequate sensitization and education of the public on the inherent benefits in insurance products and services.

Speaking at the inauguration ceremony of the new executives of the National Association of Insurance and Pension Correspondents (NAIPCO) in Lagos today, Ebose noted that the media has got a pivotal role of constantly educating the public on the new ways of doing things and business.

Speaking on the topic: “The Role of Insurance Journalists in Emerging Realities” Ebose who was represented by the Executive Director, Technical, Anchor Insurance, Mr. Adebisi Ikuomola, appealed to media practitioners to help insurers in achieving their target objective of deepening insurance penetration in the country through their pivotal role in communicating the message of insurance to the public.

He opined that with the new normal brought about by the covid-19 pandemic, the media has got the pivotal role of constantly educating the public on the new ways of doing things.

He said: “It is the social responsibility of the Journalists to ensure that as the light of the public, no one is left in the dark about new realities.

“The new global realities have more than ever before imposed an onerous responsibility on journalists to continue to update their skills by developing new capacities, a paradigm shift in the way we see things, report issues objectively to achieve balanced perspective and stand point.”

On the recapitalization exercise, he said “It is the duty of the insurance Journalist to offer regular well researched analyses on how companies can go through the processes with ease, the advantages of the process to insurers, shareholders, the insured and the workers. It is not a time for the insurance Journalists to begin to watch to know who will sail through or not.

“The new reality poses new levels of risks globally, overwhelming health infrastructures and developing economies are harder hit. Most advanced countries entered into the pandemic with historic loan and public debts on average higher than they have been over the years.”

The Anchor Boss who highlighted the various challenges posed by the pandemic stated that the impact of the pandemic on the insurance services could be felt in areas like high claims demand, credit risk exposures from businesses facing possible default, lack of sales from travel insurance, less use of face to face marketing channel, surge in demand for health and business interruption insurances.

“The Nigerian insurers are a set of geniuses as we already have developed and perfected quick ways to pre-empting any challenges the pandemic throws at our businesses any time,” he said.

spot_img
spot_img
spot_img

Hot this week

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Stanbic IBTC Bank, NSACC Forge Path Towards Economic Resilience in Mining

L-R: Dr. Jani Ibrahim, National President of Nigeria Association...

Emirates, flydubai, Dubai Finance Partner to Accelerate ‘Dubai Cashless Strategy’

Emirates and flydubai have signed two Memoranda of Understanding...

Adopt-A-School initiative: Stanbic IBTC Transforms Learning Environment at Chwelnyap Primary School, Plateau State

L-R: Christopher John kyoroh, Local Government Chairman Jos North;...

“Oil Industry Investments Not Stifled by Local Content” – Nwapa, Pioneer ES NCDMB

The Nigerian Content Academy Lecture Series organised by the...

Topics

Sustained Sell Offs Pull YTD Return into Negative Region… NSE ASI Down 1.3%

Sustained sell offs in the local bourse, which have persisted...

Fidelity Bank CEO Assures Investors of Better Returns in 2018

Fidelity Bank CEO, Mr. Nnamdi Okonkwo has assured the...

FG Commends Insurance Industry over N9bn Endsars’ Claims Payment

Zainab Ahmed Hon. Minister of Finance, Budget & National Planning SPEECH...

Linkage Assurance Reports N2.89 PAT, Declares Dividend

It was commendation all through for the Board and...

Africa Mobility Spend to Top $185bn by 2019

Annual spending on mobility across the Middle East, Turkey,...

CHI Pays Accident Claims of NAIPCO Member 

Consolidated Hallmark Insurance (CHI) Plc has paid accident claims of...

The Anti-corruption War: How Far Can Buhari Go?

From all indications so far, President Muhammadu Buhari is proving to be a man of his word. Indeed, it is worth recalling that throughout the period he contested for the presidency over the years and the 2015 electioneering campaign in particular, waging war on corruption was one of his key policy points.

UBA Pays Total Dividend of N95.8bn, Translating to N2.80 Per Share in 2023

L-R: Group Chairman, Mr. Tony O. Elumelu and Group...
spot_img

Related Articles

Popular Categories

spot_imgspot_img