Mr. Eddie Efekoha, the Group Managing Director of Consolidated Hallmark Insurance Plc
Stakeholders and experts in the nation’s financial service sector have advocated the need for Insurance and Pension operators to adopt a more creative and innovative ways in their business approach, product development and service delivery to grow the sectors.
During the 8th annual national conference of the Nigerian Association of Insurance and Pension Editors (NAIPE) held in Lagos with the theme “Role of Insurance and Pension In Building Sustainable Economic Growth Under The New Government,” industry experts and leaders gathered to discuss the crucial topics pressing need to enforce compulsory insurance and pension regulations.
Representing Mr. Eddie Efekoha, the Group Managing Director of Consolidated Hallmark Insurance (CHI), Tunde Daramola, the Executive Director of Finance at CHI, delivered a pivotal message that underscored the pressing need to enforce compulsory insurance and pension regulations. In his statement, he highlighted the end of an era characterized by unpaid claims and passionately urged all stakeholders in the insurance and pension sectors to prioritize honesty in their operations, foster trust with consumers, and diligently address any gaps in customer expectations.
Efekoha emphasized the critical importance of enforcing compulsory insurance and pension obligations, declaring unequivocally that the era of unpaid claims has been relegated to history. He urged operators in both industries to conduct their businesses with integrity, win the trust of consumers, and actively work towards bridging any existing gaps in customer expectations.
His message resonates as a resounding call to action for the entire sector, emphasizing the significance of upholding mandatory insurance and pension requirements. Such efforts aim to create a more dependable and trustworthy financial landscape, ensuring the confidence and peace of mind of policyholders and beneficiaries alike. Mr. Efekoha’s words reflect the industry’s unwavering commitment to financial security and the well-being of all stakeholders.