The Nigerian Council of Registered Insurance Brokers (NCRIB), has said that no underwriter or broker in the insurance industry has associated with the 21-storey building which collapsed in Ikoyi recently.
NCRIB’s Executive Secretary, Tope Daramola disclosed this in an interview with the News Agency of Nigeria (NAN) on the sidelines of the NCRIB Special Day at the 2021 Lagos International Trade Fair (LITF) in Lagos.
The News Agency of Nigeria (NAN) reports that the fair, which kicked off on November 5, will run till November 14 and has as its theme: “Connecting Businesses, Creating Value.”
Daramola lamented the fatal loss recorded from the unfortunate incident.
“The fatal loss recorded from the incident is unfortunate, but as of today, no underwriter or broker has claimed any relationship with the collapsed building.
” The implication of this is a total loss for everyone involved, and sadly for those who lost their lives, if no insurer eventually shows up to take up the claims,” he said.
According to him, the government must stop paying lip service to give insurance the impetus it needs.
