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Dike Onwuamaeze
The Commissioner of Insurance, Mr. Sunday Thomas, has charged practitioners in insurance sector to embrace disruptive business models in order to be able to build an industry that would withstand future changes in the sector.
Thomas, gave this charge recently, when he spoke at the Lagos Chamber of Commerce and Industry’s (LCCI) 2021 Insurance Stakeholders’ Consultative Forum with the theme “Nigeria’s Insurance Industry: Breaking New Frontiers,” which was hosted virtually in Lagos.
He said insurance operators in the country should avoid too much reactive thinking and embrace disruptive innovation since the things the industry have been leaning on might not sustain it in the nearest future.