By Rosemary Iwunze
International EnergyInsurance (IEI) Plc, a subsidiary of Norrenberger Group, has said that it is adjusting its models of product offerings and risk management capabilities to respond to climate change.
This is coming on the heels of global calls on the private sector to rise against the ills of natural disasters ravaging Africa and now Nigeria, as a result of climate change.
Speaking on the sideline of the just concluded 50th Conference and Annual General Assembly of the African Insurance Organisation AIO with theme Coping With Rising Natural Catastrophes In Africa which held recently in Windhoek, Namibia, the Group said insurers across the continent also need to rethink their models, product offerings and risk management capabilities to adjust it in a way that they respond to the reality of time.
The Group Managing Director, Norrenberger Group, Mr. Tony Ede who was a delegate at the AIO Conference said the topic of the program couldnt have come at a time that is better than now.
