Vibrant insurance industry important for Nigeria’s growth – Elumelu

Tony Elumelu, chairman of Heirs Holdings and United Bank for Africa Plc, has stated that the Nigerian insurance market must be robust and has the capital, professionalism, and democratisation that are the pillars of a powerful Nigeria.Infomation Guide Nigeria

This was stated by Elumelu during his keynote talk at the Lagos conference commemorating the 60th anniversary of the Nigerian Council of Registered Insurance Brokers.

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He said, “Not least in these testing times, our people need financial security, secure savings and protection against uncertainty. Our industry needs to offer simple, smart products that give value and deliver. We need an industry that is professional and can catalyse investment in key sectors such as power, infrastructure and housing.”Jamb Result

Speaking on the commitment of Heirs Holdings to the insurance industry, he said, “Our two insurance companies, Heirs Life Assurance and Heirs Insurance Limited, are both leading democratisation of access to insurance which is a tool for financial inclusion, employment creation, poverty eradication and female advancement.”
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