NIA donates mobile verification devices to Ondo

THE Director General of Nigerian Insurers Association (NIA), Olorundare Thomas, has donated 50 mobile verification devices to Ondo State Government to enhance new vehicle registration and insurance renewal processes

Olorundare, while addressing stakeholders from Ondo State Board of Internal Revenue, FRSC, VIO, NURTW, ACCOMORAN, RTEAN and NIA Ondo State Chapter, he said the initiative started with motor-class database and will soon extend to other sectors.

According to him, NIA as the umbrella Trade Association of all insurance companies operating in the country, would continue to promote and advance the common interest of insurers and insurance business in Nigeria for the benefits of the insuring public

He said the NIA in its efforts to stamp out fake insurance documents in the nation introduced a programme called Nigerian Insurance Industry Database (NIID) in 2011 saying, “NIID is an information technology-based system that facilitates easy collation and dissemination of statistical and other information relating to insurance on one hand, and also serves as a mechanism for easy identification of genuine insurance documents by law enforcement agencies and relevant authorized persons.”

He disclosed that with the new technology, there will be no need for paper certificates, which are often times fake and will check the activities of fraudsters, who dupe unsuspecting members of the public on vehicle insurance papers.

“It is our belief that the Ondo State Government will utilize the opportunity presented by this initiative and entrench the enforcement of genuine insurance culture in her motor administration processes for social and economic benefit of the state,” he said.

While receiving the mobile devices on behalf of the Ondo State Board of Internal Revenue, Bunmi Alade, who represented the chairman, Akin Akinsehinwa, said insurance by law, is supposed to be one of the papers required before any vehicle can ply the Nigerian roads.

“It is good that we have valid papers, which will engender the good use and management of our roads. I want to assure you that the equipment will be used for the pursuance of NIA visions and betterment of the country at large,” Alade said.

Responding on issues raised on claim settlement by insurance companies, the Director-General and the underwriters present mentioned that the insurance is doing better through the monitoring measures put in place by the consumer complaint bureau, NAICOM and other regulatory agencies.

Olorundare shared customer complaints contacts with the participants and affirmed that a consultant has been engaged to enlighten and educate the people