The Executive Director, Finance and Accounts, Industrial and General Insurance Plc, Mr. Yinka Obalade, has said that the firm has consistently contributed to the development of the Nigerian economy through the provision of valuable financial risk products and services that conform to international standards and best practices.
He said this during the IGI day at the “IGI Day” at the Lagos International Trade fair in Lagos, which ended on Monday.
Obalade said, “We have consistently been a big player in the financial services sector and our membership of the LCCI, since 1992, remains consistent with our vision of being the preferred provider of insurance, risk management and financial services.”
According to him, the trade fair offered the firm another opportunity to bring its unique and customer-friendly products and services closer to its customers, in its continuing effort to make world-class insurance services available to Nigerians.
These products, he said, include IGI Annuity Plan; IGI Credit Life Plan; IGI School Fees Plan; Agricultural Insurance and IGI Motor Easyride.
Others, he added, were IGI Dividend Plus Plan; IGI Travel and Health Insurance and IGI Estate Comprehensive Insurance Scheme, among others.
He said, “We also provide comprehensive insurance package policies to protect public buildings such as hospitals, schools, stadia and government offices against the risks of collapse, fire, earthquake, storm and flood; in compliance with Section 65 (1) of the Insurance Act Cap 117, Laws of the Federation which provides that, “every public building shall be insured with a registered insurer against the hazard of collapse, fire, earthquake, storm and flood.”
In addition, he added that IGI offered a full range of risk management services that included comprehensive and confidential risk management reports on property wherever they might be located in Nigeria.
According to him, this is to help its clients determine areas that require improvements in physical infrastructure. As a dynamic organisation, the executive director said, IGI was focused on improving its services to all its stakeholders
He said, “Our mission, as we seek to become a global brand, is to continue to create, protect and preserve wealth.”