Universal Insurance Plc has announced the appointment of Mr. Paulinus Offorzor as the Executive Director, Technical Operations of the company following the confirmation by the National Insurance Commission (NAICOM).
The appointment came on the backdrop of the NAICOM’s directive that insurers should have an executive director in charge of technical operations by which the Board of Directors had forwarded his name to NAICOM as the nominee for the position.
Prior to his new appointment as the Executive Director, Mr Offorzor was the Deputy General Manager, DGM, (Technical & Enterprise Risk Management) of the Company.
Speaking with our correspondent on the appointment recently, Mr Ben Ujoatuonu, the Managing Director and Chief Executive Officer of the company confirmed the appointment saying: “The Company has been able to comply with the provision of a guideline from the NAICOM saying that every company should have an executive director, technical operation. So the Board of Directors has appointed Mr Paulinus Offorzor and we have also gotten his confirmation by the NAICOM”.
Mr Paulinus Oluchukwu Offorzor is a graduate of insurance from The Institute of Management and Technology, Enugu. He equally holds a Bachelor’s Degree in Economics (B.Sc. (Hons) from Imo State University, Owerri and a Masters in Business Administration (MBA) majoring in Insurance and Risk Management from Esut Business School.
He is also an Associate Member of several professional bodies including Chartered Insurance Institute of Nigeria (ACII), The Certified Pension Institute of Nigeria (CPIN) and Chartered Institute of Administration (CIA)
He started his insurance career with Intercontinental Assurance Co Ltd in 1995 and has worked in several other companies within the insurance industry before joining Universal Insurance Plc as the Head (Technical & Enterprise Risk Management) Paulinus was the General Manager / Chief Executive Officer Generation Insurance Brokers Limited.
He is married with children.