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LASACO Assurance CEO duties brokers on methods to hedge financial headwinds

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As Nigeria battles with economic headwinds affecting the expansion and sustainability of companies throughout sectors, the insurance coverage brokerage fraternity has been tasked to provide you with methods that may assist the trade proceed to ship worth to its prospects.

Razzaq Abiodun, managing director/CEO of LASACO Assurance Plc made the decision when management of the Nigerian Council of Registered Insurance coverage Brokers (NCRIB) paid him a courtesy go to at his company head workplace in Lagos.

Abiodun, who believed that the present financial state of affairs within the nation posed a big challenge to the expansion of insurance coverage companies, challenged insurance coverage suppliers to be very proactive in developing with inventive methods that might make their prospects survive the hardship with relative ease.

Abiodun who welcomed Babatunde Oguntade, NCRIB President, and his different government committee members defined that Lasaco Assurance plc hosted the council members to service the brokerage subsector extra effectively.

He believes that for insurance coverage companies to develop within the nation, practitioners ought to at all times evolve methods of defending the pursuits of their prospects by in search of improved productiveness and buyer satisfaction by way of collaboration and the trade of concepts that might allow them to function optimally and provides shoppers the wanted satisfaction.

By a strengthened relationship with NCRIB, he stated, LASACO Assurance plc would be capable to improve the talents of its staff by way of native and worldwide coaching. The corporate would additionally turn into an energetic participant in occasions surrounding the NCRIB in addition to acquire a lot consciousness and visibility by way of the NCRIB platforms.

Talking on behalf of his staff, Babatunde Oguntade, NCRIB president, stated his organisation selected to go to Lasaco Assurance plc due to the corporate’s sturdy dedication to buyer satisfaction and steady assist for the council.

He expressed the hope that the strengthened relationship would translate to extra fee of legitimate claims for Lasaco assurance’s prospects, who, he stated, have been the first goal of the scheme.

In his phrases, Tope Adaramola, the CEO and government secretary of the council expressed his profound gratitude to Lasaco Assurance plc for taking the time to fulfill with the executives and promised a stronger relationship, collaboration, and partnership for higher service supply and affiliation.

The handshake would additionally encourage the corporate to interact extra in a greater buyer expertise to boost buyer engagement, in addition to encourage it to be extra skilled by being stricter with the code of conduct of the insurance coverage trade, LASACO stated.

With a more healthy relationship with NCRIB, Lasaco Assurance plans to maintain partaking the council in a collaborative partnership. It is going to additionally make use of extra collaboration alternatives from the Nigerian Insurance coverage Affiliation (NIA) and different underwriters to push and generate extra market gross sales.

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