How We Will Change Perceptions About Insurance – OIBL

By Providence Adeyinka

Orange Insurance Brokers Limited (OIBL), has pledged its determination towards supporting micro, small and medium sized enterprises (MSMEs) in the country.

The MD/CEO of the company, Mrs. Janet Ibikunle, who gave the affirmation at the inauguration of the company’s office complex in Somolu said the company was determined to change the perception of people concerning insurance through its proactive products and policies.

She gave the assertion as the chairman of the company, OIBL, Dr. Godwin Ehigiamusoe pledged the company’s determination to bring insurance benefits to low income earners.

“One of our targets is to change peoples’ mentality about insurance and also protect micro, small and medium scale businesses,” Mrs. Ibikunle said.

“Many people have a wrong perception of the insurance industry. They probably think insurance brokers or agents are not well to do set of people, but with this milestone tower at the heart of such a densely populated area like Somolu, first, that perception would change.

“Also, according to our slogan, ‘we don’t speak grammar when there is claim’, this means that, when you have genuine claims, you are bound to have your compensation. By going through us, you pass the headache to us, then we run it fir you till you get your compensation.

“The area that we are now is in the interior. The grassroots people are here, and we are here to talk to them about the benefits of insurance, because they are actually the people that need insurance the most.”

She added: “Insurance is a value that MSMEs are yet to tap into, and that is one of the things we are here to do. We are seriously concerned about survivals of MSMEs because they are the heart of our economy in Nigeria.

Company chairman, Dr. Ehigiamusoe on his part said the company would be providing insurance policies to low income earners, “especially micro and small enterprises.”

He said: “It is all about the total commitment of saying that, ‘access to finance may not be sufficient to effectively lift ordinary people out of poverty if you do not compliment it with other services such as insurance and health.

“The LAPO Group at the moment has three key institutions that deliver these services. In November 1, 2019, we commissioned medical and diagnostic center in Benin. We capitalized with close to N3 billion.”

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