This is contained in a statement by NCRIB, made available to the News Agency of Nigeria (NAN) on Friday in Lagos. She said that the capacity and growth of the insurance industry would be enhanced if notable figures like the royal father identified with the profession. The NCRIB President appealed to the monarch to utilise his position among prominent traditional rulers to boost insurance in the country. “The traditional rulers, by virtue of their closeness to the grassroots, are often the first point of contact by the people, especially when they suffer a loss. In his response, Oba Ogunwusi promised to assist the industry to underscore the place of insurance as a risk mitigating device amongst traditional rulers in the country.

Source: The Guardian January 03, 2020 13:18 UTC