AIICO Insurance Plc, says its endorsement of National Association of Insurance and Pension Correspondents training programmes falls into the company’s continuum commitment strategy.
The managing director at the company, Mr. Babatunde Fajemirokun, who disclosed this at the one-day training for the members of NAIPCO in Lagos on Tuesday, said the association is “very important and strategic” to the growth of the insurance industry and the national economy.
AIICO helm was represented by the firm’s Head, Strategic Marketing and Corporate Communication, Mr. Segun Olalandu, through whom he thumbed up the myriads of awareness members of the association have created and sustained.
He said it was quite obvious that the members of the public have been educated on the benefits of insurance as a risk mitigating mechanism and are taking advantage of it to sustain wealth creation and deflate poverty.
He also said AIICO is on course with the recapitalisation programme and has already scaled the first deadline set for December 31, 2020. He said the composite insurer has surpassed 50% of the capital required, and now focused to meet in full, the minimum capital required before September 30, 2021.