By Henry Uche
Leadway Assurance has declared its readiness to work with Risk Managers Society of Nigeria (RIMSON) to promote risk management, financial security and wealth creation.
Known as a group of professionals across various disciplines, RIMSON is dedicated to the promotion of Risk Awareness and Risk Management culture in Nigeria. RIMSON has been heralding for the establishment of Office of the Chief Risk Officer of the Federation, as well yearning for the incorporation of professional risk managers in every Ministries, Department and Agencies of government.
Leadway Assurance Managing Director, Mr. Gboyega Lesi, made the company’s interest to work with RIMSON in this regard while delivering a keynote address at the Annual Risk Management Conference of RIMSON, held in Lagos recently.
Speaking on the theme “Insurance as a Catalyst for Economic Growth”, Leadway Chief affirmed that insurance remains a fundamental pillar of any economy, for this reason, Nigeria and Nigerians should see it as an indispensable venture to explore for national development.
“Insurance is crucial for managing and mitigating risks, fostering financial security and bolstering economic expansion. Therefore, Nigerians should prioritise insurance as a driver of economic growth and assurance of investment stability.”
Lesi who was inducted as a Fellow of the Society in recognition of his stellar contributions to the insurance industry, affirmed that insurance isn’t just about protecting lives and properties; but works as a shock absorber to individuals, corporate organizations and the country at large.
“Insurance enable individuals and businesses to effectively navigate risks, encourages investment, fuel entrepreneurship, and offers crucial financial security to people. It a robust insurance sector creates an environment ripe for investment by mitigating risks for lenders, making them more inclined to extend loans to businesses and individuals for asset acquisition and growth.”
He added that since insurance promotes stability, resilience, capital mobilisation, investment attraction and job creation, it is ideal for everyone to be risk conscious. “Through strategic partnerships with organisations like RIMSON, we aim to elevate insurance awareness and education, unlocking Nigeria’s full economic potential and fostering a brighter future for everyone.
“This collaboration underscores our passion to propel economic advancement and development through innovative insurance solutions and strategic alliances” he affirmed.
In response, the President/Chairman of Governing Board of RIMSON, Mr. Gus Wiggle, welcome Leadway partnership offer saying, “Leadway has always been a reliable partner in progress. So we appreciate them, and welcome any other company both within and beyond the insurance industry who are willing to work with us to deepen risk awareness and strengthen risk management culture for overall good of the country,” he stated.