The Management of Inspenonline, Nigerian's first insurance and pension online media channel, has named the President Nigerian Council of Registered Insurance Brokers, Mrs Laide Osijo, the Insurance Person of the Year 2012.
In a statement on Friday, she emerged top, out of many insurance operators considered for the award.
It stated that within the short period she had been on the saddle with the leadership of the largest insurance brokers' fraternity in Africa , she had distinguished herself and had used her wealth of experience to reposition insurance practice.
Also, the Commissioner for Insurance, Fola Daniel, was awarded the Good Leadership Award, for his steps in repositioning the industry and providing adequate security for policyholders.
Mutual Benefits was named the Insurance Company of the Year. The company was picked due to its stride in retail insurance through well developed micro-insurance channel.
According to the statement, Osijo, who is the first female president of the NCRIB, recorded some major achievements in the last one year, which included the considerable improvement in the relationship between the National Insurance Commission and the NCRIB and the entrenchment of ethical standards amongst operators.
The two bodies, it stated, saw the need to uphold the position of the law by recognising and asserting that registration with the NCRIB was a condition precedent to its licensing by NAICOM.
According to the statement, this step wiped out the usual discrepancies in the record of members being kept by the NAICOM and those registered with the NCRIB. It stressed that the implication was an attendant improvement in the image of the council in the eyes of the public and the elimination of unethical practitioners.
Also, it added that the council had played up its voice in advising government and its agencies on the benefits of patronising insurance brokers for their insurances.
It was also noted that it had been more vociferous in advocating for due payment of insurance premium by government agencies and the need to shift, when necessary, the renewal periods of government parastatals to avoid delayed premium payment.
The statement said this campaign had been taken unrelentingly to several government institutions and parastatals of government across the country.
