Insurance Urged to Make Digitalisation Operational Policy

Ebere Nwoji 

Former Chairman of First Bank of Nigeria Plc, Mrs Ibukun Awosika has said that if the Nigerian Insurance sector must emerge as 21st century digitalisation sector, it must allow diversification to take centre stage in its operational policy in both board room and management team constitution.

Awosika, who stated this while speaking at the Professional Insurance Ladies’ Association’s (PILA) 50th Anniversary celebration held in Lagos said with diversification in the board room and management team of many insurance firms, to give women a fair chance, the sector would advance higher than it is today.

She said the boardroom and management set up of many insurance firms needed overhauling to give room for diversification for optimum performance.

She said the present model of management in which there were signs of gender discrimination as men dominate most activities at management and decision making level in most insurance firms in the country would not make things work out well.

She charged policy makers in insurance industry to ensure that women were fully involved adding that women were much more determined in doing things and would bring major turn around in insurance Industry.

Also speaking president of PILA Margaret Nkechi Moore said the PILA 50th Anniversary celebration signified a milestone in the journey of PILA to empower and uplift women in the insurance industry in Nigeria by creating a platform for women to thrive, excel, and shape the future of insurance industry.

According to her, the  Professional Insurance Ladies Association is the first female professional Association to be established in Nigeria, in 1973.