Repositioning the company in the drive to rapidly increase its market share, UnityKapital Assurance Plc has entered into a collaborative insurance product sales venture with Buy Naija – a project aimed at boosting the local business (including insurance) space.
At the official signing ceremony of the Service Level Agreement at UnityKapital’s Abuja Corporate Head Office on 21st December, 2016, Managing Director of the company, Mr. Olatunji Oluyemi stressed the company’s commitment to the project and added that the collaborative venture would not only increase local capacity, but that it also presents a unique avenue for the exploration of a new business channel by the company. Mr. Oluyemi firmly asserted the company’s commitment to the project and assured that UnityKapital Assurance is readily capable to fulfil its part of the Agreement.
The Chairman, Project Management Team of Buy Naija, Mr. William Iheanacho Otabil, described insurance as a critical pillar for capital accumulation and deployment, that will stimulate the economic development of the nation. Mr. Otabil observed that the 2017 budget is hinged on made-in-Nigeria products and that this collaboration would speed up the diversification of the Nigerian economy.
The Chief Operating Officer of J. Akin-George & Co. Ltd (the insurance broking partner to Buy Naija), Mr. Ayodeji Johnson stated that the Buy Naija project provides a unique opportunity for UnityKapital Assurance to tap into the huge and largely dormant retail market in Nigeria.
On his part, the Principal Insurance Consultant to Buy Naija, Mr. Ekerete Gam-Ikon commended UnityKapital Assurance for taking the leading role in providing insurance services to the project while highlighting the part being played by Buy Naija in the nation’s economic evolution, especially now that the country is working towards coming out of economic recessio