3000 delegates to attend first Insurance Industry Conference

About 3000 delegates are expected to attend the maiden Insurance Industry Mega Conference expected to open in Abuja on Monday.

Mr Bola Telumo, the Chairman of Insurance Industry Consultative Council (IICC)  disclosed that the conference was aimed to charting ways on how the industry could increase its contribution to the country’s Gross Domestic Product (GDP) .

He said the confrence, which will hold from July 26 to July 28 has “Developing Insurance Business For National Growth” as its theme.

Telumo said the conference would come up with new ideas to improve the relevance of the industry in all facets of the nation’s economy especially in view of dwindling revenue from the sale of oil.

“It would also present a platform for all stakeholders to discuss topical issues affecting the insurance industry, the financial services sector and the national economy,” he said.

He said the industry would use the confrence to honour Mr Fola Daniel, who is retiring as Commissioner for Insurance of the National Insurance Commission.

“It will mark an occasion to recognise and celebrate the achievements of the Commissioner for Insurance and other industry leaders who have done so much for the industry” he said.

According to Telumo the theme paper will be presented by Mr. Frank O’Neill the Managing Director, Swiss Re.

He said other speakers would include Ven Ladipo-Ajayi, the Managing Director, LASACO Assurance Plc, Simon Thomas, Director-General, Nigerian Insurers Association (NIA), Mohammed Kari, Deputy Commissioner (Technical), National Insurance Commission (NAICOM) and  Oye Hassan-Odukale, Managing Director, Leadway Assurance Company. (NAN)