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Allianz Nigeria has promised to deepen insurance penetration in the country through an unalloyed commitment to the industry.

The Managing Director, Adeolu Adewunmi-Zer, gave the assurance while addressing insurance journalists in Lagos.She revealed plans to design innovative products, with cutting-edge technology to guarantee a sustainable future and prosperity for Nigerians.

According to her, an underwriter is positioned for profitability and growth to expand the frontiers of insurance in Nigeria and Africa at large.

She said with long years of experience and expertise in technical matters in insurance, the company had what it takes to make a difference in Nigeria and Africa.
“We have the technology and we have the right quality and quantity of manpower to make a difference,” she stated.

She said the company was fully recapitalised to the tune of N18 billion as required by the National Insurance Commission (NAICOM) to remain a key driver of the sector’s growth.

She added that the company was forward-looking, adding that its strategic objective was to ‘secure your future.’

“We are here to stay to drive insurance growth in Nigeria and, by extension, Africa. Our strategic objective is to secure the future of our customers, the future of our employees, the future of our stakeholders and the future of the people in our communities.

“There are a lot of opportunities in Africa and the future of the insurance business is here in Africa. One thing that I want you to know is that the future is Africa. So if the future is Africa, the future is Nigeria. So you cannot have a strategy for Africa if you do not take Nigeria seriously,” she said.

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