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Robust insurance industry can address Nigeria's state of insecurity: Expert

May 20, 2014 - 6:00am


U.K.-based lawyer and management consultant Kachi Okezie has said a strong insurance industry has the ability to address the state of insecurity facing Nigeria, Daily Trust reported.

Mr. Okezie said "the insurance industry is well known for its powerful lobbies all over the world."

He said "analysts believe the bombing of the City of London (the Square Mile)," was the "turning point which forced the government to the table," following "pressure from the insurance industry who threatened to decline further pay-outs to victims."

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