Scib marks 40 years in insurance broking

Set out to be a world class organization founded on integrity, knowledge, professionalism and excellent service delivery, Scib Nigeria and Co. Limited, a foremost insurance broker in Nigeria has successfully weathered the storm for 40 years.

Founded by Olola Olabode Ogunlana, an insurance icon, with only one staff in 1978, Scib has grown in leaps and bounds and currently can boast of being one of the largest employers in the insurance broking sub sector in Nigeria with about 120 staff on regular payroll

Shola Tinubu, managing director, Scib addressing a press conference in Lagos as part of activities to mark the 40 years anniversary of the company said taking a retrospective look, the management cannot but give great thanks to the Almighty for sustaining the company through peaks and troughs of its operation since the journey began 40 years ago.

“It is no news to you how challenging it is for businesses to survive in our environment over decades with all the attendant challenges and inhibiting factors, with significant macro-economic upturns and recessions. We are definitely assured that making 40 and to still be on top of your game is an achievement.”

Tinubu disclosed that part of the activities lined up for the celebration include a book launch in honour of the founder of the company Olola Olabode Ogunlana. Two books titled ‘Out of the Black Pot’ and ‘The Selected Tales’ will be launched tomorrow in Lagos.

Tinubu who also doubles as the president and chairman of Council, Nigerian Council of Registered Insurance Brokers (NCRIB) said that though the company has achieved a lot of landmarks in the past 40 years, but what he cherishes most is the values that the company holds dear.

“The absolute focus for the first 20 years of the organisation was instilling a value system that will drive the company forward and the second 20 years has seen tremendous successes as a result of instilling those values. With the right values everything falls into place. We take integrity far more important than any other thing and pride ourselves on our value system.”  

He said the staff has been infused with great leadership spirit making them stand out as well as take pivotal positions in the market or anywhere they may find themselves.

Scib has carved out a niche for itself locally and internationally earning several laurels in the process. The firm is currently the representative of AON the largest insurance broker in the world in Nigeria.  The organisation also won the award of best Insurance broker in Nigeria 2018 by the Lagos Chamber of Commerce and Industry.

Commenting on what the future holds for SCIB Tinubu said, “Whilst our past and present records may seem heart-warming, we are not in any way deluded to believe the work is done.  The future remains challenging. By God’s grace, this company under my leadership and succession will continue to benchmark global standards, comparing notes with globally rated professional companies. We shall continue to innovate and deploy strategic thinking to build our profile as a global brand”.

 

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