President African Insurance Organisation (AIO) calls on stakeholders in African insurance market to increase insurance penetration.
Written by News Room on May 16, 2022
The President of the African Insurance Organisation (AIO) has called on stakeholders in the African insurance market to increase insurance penetration to take the industry to a greater height.
The president of AIO, Tope Smart, in his message to members of the organisation at the weekend, believes that this could be achieved through solutions that improve access to insurance through awareness across the African market.
Mr. Smart, who is also the Group Managing Director/ Chief Executive Officer of NEM Insurance Plc, said there is a need to bridge the gap of low insurance acceptance by addressing challenges confronting the sector across the markets.
He, therefore, urged African insurance operators to renew their commitment this year to build their trust in AIO executives as the industry looks forward to a better image builder for the years to come.
Report says that AIO will be celebrating fifty years of existence in Nairobi, Kenya.