To him, ” We are engaging insurance agents, brokers and technology to penetrate the informal sector of the nation’s economy, rolling out micro insurance products and partnering groups, religious bodies, Non-Governmental Organisations and so on, to increase insurance subscription among people in the lower end of the market.
He disclosed that the company will be partnering some telelevommunication companies on mobile insurance while also evolving products that policyholders could pay daily, weekly or monthly instead of the usual annual premium for ease of premium payment. The new MD/CEO, Mr. Stephen Alangbo was appointed to the board of Cornerstone Insurance in 2022 as the executive director, Technical Operations after a year stint in the same position in Tangerine Life Insurance Limited.
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