ILAN tasks industry stakeholders on sustainable insurance practice

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The Institute of Loss Adjusters of Nigeria (ILAN) has called on industry stakeholders to practise sustainable insurance, saying that this is the future of the risk business in the country. The task, according to the institute, is to enable them to maximise the untapped potential in the economy and raise the confidence level, particularly about the benefits of insurance.

The Institute of Loss Adjusters of Nigeria has called on industry stakeholders to practise sustainable insurance, saying that this is the future of the risk business in the country.The Institute of Loss Adjusters of Nigeria has called on industry stakeholders to practise sustainable insurance, saying that this is the future of the risk business in the country.

This was disclosed at the investiture of the 13th president of the institution in Lagos at the weekend. “In doing so, concerted efforts should be made to ensure that the economic environment and social behaviour of people are integrated into the policy formulation and marketing strategy objective of the insurance companies,” he said.

 

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