Insurance Penetration: NAICOM To Sensitise MSMEs On Insurance Adoption, August 5

By LOVETH AZODO, Lagos

All is set for the National Insurance Commission(NAICOM) to sensitise Micro, Small and Medium Enterprises(MSMEs) on insurance protection for their businesses.

The Regulatory body disclosed this in a statement signed by the Head, Corp. Comms and Market Development, Salami ‘Rasaaq.

According to the statement, the workshop will take place in Lagos on the 5th of August, 2021,

The executive governor of Lagos State, Mr. Babajide Sanwo-Olu is expected to declare the workshop open and deliver a keynote address.

It would be recalled that NAICOM had earlier sensitised MSMEs as well as relevant stakeholders in Kano State and the Federal Capital Territory(FCT), Abuja, on the need to subscribe to insurance products and services and the outcome was deemed successful.

The sensitization workshop is expected to bring together MSMEs across the entire Lagos state and its environs to learn and discuss key issues around the subject through insightful conversations with experts on the field.

He stressed that, the commission is serious about increasing insurance penetration, adoption and acceptance in the country and has been partnering relevant stakeholders to make this dream a reality.