Sanwo-Olu Set To Bring All LASG Workforce Under Insurance Coverage, Partners With 150 Broking, 20 Insurance Firms

By LOVETH AZODO, Lagos

Lagos State Governor, Babajide Sanwo-Olu has said that all plans has been concluded to bring all the Lagos State Government workforce under insurance coverage including group life and group personal accident package.

This is just as he revealed that the state government has commenced partnership with over 150 insurance broking firm which will serve as intermediaries to over 20 insurance companies to provide end to end risk management services for all classes of insurance in the state.

The Governor who was represented by the Commissioner for Finance, Lagos State, Mr Rabiu Olowo, in his remarks at the ongoing African Insurance Organization Conference in Lagos noted that the Endsars Protest was a test “we are grateful to insurers for taking responsibility and it proves that insurance is working in Nigeria,” he said.

He encouraged Nigerians to buy insurance products to mitigate loses that might result from unforseen occurrences.

Furthermore, he said that the state government has put in place several emergency response agencies as its population keeps growing to safeguard the life of over 22million.

“Lagos can not afford to shy away from the services of the insurance sector, this is why we have continued to partner with various insurance body and association in the enlightenment of our people on the benefits of insurance and mitigating loses that might result from unforseen occurrences.”

“I assure you of our commitment to work closely with the insurance sector in our quest to rebuild a resilient and 24 century economy. Our door is open to welcome your ideas and innovations,” he said.