BY NKECHI NAECHE-ESEZOBOR—Insurance remains one of the best means to escape the dragnet of poverty. These were the words of experts at the Coronation Insurance webinar held yesterday.
The webinar with the theme: “Insurance: A Key Partner for Business Success in a Challenging Environment”, gathered experts to educated the public on how insurance would keep them and their business afloat amid the global headwinds.
According to them insurance mechanism is the best way to roll back poverty as it helps to restore individuals and organisations to the state they were before they suffered a risk.
Co-founder/CEO at Curacel Henry Mascot, who was the Keynote Speaker at the event, said individuals and organisations are really in a challenging times, hence the need for insurance to mitigate arising risks.
He also urged Nigerians to ensure that assets that drive their production are insured to enable them remain in business.
“If we agree that we are in challenging times, we should see insurance as a means of protecting our assets,” he asserted.
He noted that ” technology is really transforming insurance process, making it easy for people to access insurance products, report claims and also access claims.
Read Also: How Critical Illness Insurance Can Help To Preserve And Build Wealth
Founder of Mesh Venture Ms. Tochi Ginigeme, called on business owners to map out their risks, which would enable them understand the insurance products needed to mitigate the risks.
She also called for strategic partnerships, that would enable companies ride on the back of technology.
Head of Corporate team, Coronation Insurance Anthony Olasele, said insurance has the potentials to help business owners from falling backward when risks occur due to their risk transfer and pool mechanism.
While Head of Sales and Marketing at Emirates HealthConnect24x7 Limited Vincent Ezeora, urged the public to desist from been reactive and be proactive, stressing that insurance should be bought before risks occur.
Earlier, in his opening remark, the Managing Director of Coronation Insurance Plc, Olamide Olajolo, said the webinar provides solutions to the public and business owners who are faced with various challenges, adding that insurance remains a social safety net.
The event according to him designed to expose dynamics of insurance; easy means of accessing claims; role of technology; on boarding of policyholders amongst others.
