SMEs urged to leverage insurance policies to tackle economic challenges

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Professionals in the insurance industry have called on small and medium-scale enterprises (SMEs) to embrace insurance.

Professionals in the insurance industry have called on small and medium-scale enterprises to embrace insurance. The insurance players, who gathered at the just-concluded Coronation Insurance webinar

Focusing on the current economic challenges in the country, Dawodu said a robust insurance strategy could be instrumental in navigating issues like inflation, foreign exchange constraints and talent flight. The Head of Corporate Underwriting at Coronation Insurance, Augustine Aniekwe, said that the underwriting firm provides exceptional advisory services to ensure clients maintain adequate coverage of their property values, saying, the proactive approach helps clients to avoid underinsurance and ensures they receive the full value of their claims.

Professionals in the insurance industry have called on small and medium-scale enterprises to embrace insurance. The insurance players, who gathered at the just-concluded Coronation Insurance webinarAs the hawkish tone of the Monetary Policy Committee continues to worsen risk sentiments in the local bourse, the scramble for government debt instruments is currently pushing yield to unprecedented heights across segments.

As food inflation continues to worsen the purchasing power of the average Nigerian, it now costs Nigerians an average of N938 to have a single healthy diet.

 

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