Charles Lawson, Team Lead, Business Planning & Strategy, Custodian & Allied Insurance Ltd.
Kehinde Ariyibi, Head of the Retail Enterprise & Chief Compliance Officer, Custodian Life Assurance
Abstract
Our world is changing: every day, there are discoveries, new inventions, technologies, and new ways of living and doing things. These changes and trends affect every sphere of human life.
by Oluremi Owolabi Fadi, Team Lead, Oil&Gas and Financial Institutions, Custodian Life Assurance Limited
by Oladele Akinsanya, Head Of Products - Performance, Improvement & Development, Custodian Life Assurance Limited
As the business world recovers from the effects of Covid, the insurance industry will play a pivotal role in the new world, amidst the envisaged growth momentum, inflation, digitisation, climate change, health awareness, income disparity etc. The industry is projected by SwissRe to grow at about 3.9% in 2022.
Ayodele Iyun, Head Business Development, Custodian Investment Plc.
The Nigerian insurance industry like most African countries is largely underdeveloped, and insurance penetration levels are very low by global standards. More so there is significant shortfall in promoting and developing the Personal lines insurance sector thereby leading to low (less than 20%) contribution in premium pooled from the country.