The Federal Government has given full support to the Local Organizing Committee (LOC) of the African Insurance Organization (AIO) to host the 47th conference in Nigeria.
The Chairman LOC of AIO 2021, Mrs Ebelechukwu Nwachukwu, addressing a press conference (virtual) on the 47th conference and general meeting on Tuesday in Lagos expressed appreciation to the Honourable Minister of Finance, Budget and National Planning , for her support and letter of comfort which was the first requirement from AIO as proof that the LOC have the support of the government to host the conference.
Besides, she gave NAICOM boss kudos for his support “we thank the Commissioner for Insurance, Olorundare Sunday Thomas, who has been working assiduously and liaising with the various ministries and agencies to endure that we obtain full support from the government.”
According to her, the forthcoming 47th Conference and General Assembly will take place at Eko Hotels & Suites, Victoria Island, Lagos from 4 – 8 September, 2021.
One of the major highlights of the conference is that the immediate past chairman of the Nigerian Insurers Association (NIA) and group managing director, NEM Insurance plc, Tope Smart, will assume office as the next president of the pan African organization for the next one year and he deserves our support and good wishes, she said.
According to her, “there is no doubt that Covid-19 pandemic had left in it’s trail very debilitating effects on many economies and there are efforts at addressing these challenges. This informed the decision of the LOC to use the opportunity of the 47th AIO conference to contribute to discussions around how insurance can contribute to ongoing efforts at rebuilding economies seriously impacted by the pandemic.”
This, she said, influenced the theme of this year’s conference “Rebuilding Africa’s Economy: An insurance perspectives.”
Also, four other contemporary issues affecting the insurance industry: The new normal, How leaders can reset for growth beyond Covid-19; Regulation, innovation and the future of insurance; harnessing the potential for growth and development in the Nigerian insurance market and AfCFTA and the African Insurer, Prospects and opportunities.