Veritas Kapital presents cheques to quiz winners, promotes insurance

Veritas Kapital Assurance Plc has handed over cheques to winners of its inaugural Corporate Social Responsibility (CSR) insurance competition for brainy students in Nigeria’s tertiary institutions.

The contest, which was open to undergraduates of assurance and insurance disciplines, saw three best students each from the 15 participating schools sit for the test, geared at stimulating their knowledge of insurance.

At the end of the competition eventually undertaken by 49 contestants, Chiemerie Oguejiofor of the University of Lagos (UNILAG) came first, while the second and third positions went to Alabi Taofeek Oluwatomilola of Ekiti State University (EKSU), Ado-Ekiti and Ehidiamen-Ton Tonica of Ahmadu Bello University (ABU).

During the prize presentation and press briefing yesterday in Lagos, the company’s Executive Director (ED), Operations, Olasunkanmi Adekeye, presented a N200,000 cheque to Oguejiofor, while Head, Lagos Branch/Co-ordinator, Business Development (Southern Region), Christie Okwudishu, handed over a N150,000 cheque to Oluwatomilola.

Ehidiamen-Ton, on the other hand, got her N100,000 cheque at the Kaduna office of the underwriting firm, having cited logistics constraint.

Speaking at the event, which was also witnessed by Head, Technical (South), Adegboye Gbenga, the ED charged the beneficiaries to invest in themselves.

He listed the company’s three Core CSR to include humanitarian, community service and support, clarifying that Veritas Kapital has been undertaking CSR on education for years, but the quiz segment was maiden.

Adekeye advised students to take insurance as a respectable discipline, allaying age-long fears about the industry such as alleged non-payment of claims and others.

He said the company undertook the project knowing that the best way to give back to the society is through boosting knowledge.

The ED noted: “The whole idea is to beam the searchlight on the insurance sector. The idea is catching them young and reorientating them on choosing insurance as a discipline in school.”

He observed that the industry is going digital, adding that Artificial Intelligence (AI) was putting players and stakeholders on their toes.

The beneficiaries in a chat with newsmen thanked the organisers for the gesture, pledging judicious use of the funds and practice after graduation.