Sovereign Trust Insurance Harps On Continuous Manpower Devt

Sovereign Trust Insurance Plc has reiterated its uncompromising stance on continuous manpower development as the basis for sustainable operational efficiency and business profitability.

The firm said it identified this as the key critical factor for providing enhanced and seamless insurance service delivery to all policyholders under the stable of the organisation.

According to the head of Human Resources of the Organisation, Adeola Onichabor, “the company is not resting on its oars in ensuring that every employee in the system is adequately trained and developed to cope with the dynamics of the modern trends that are likely to emerge in this decade in the insurance and financial services in Nigeria.”

Speaking, at the weekend, during a training session organised for Marketing and Technical staff in Lagos, he noted that the objective of the training was to encourage the staff members to embrace new ways of doing things as the world gets dynamic both in technology and human capital development.

Earlier in the year, members of staff in other locations of the company were engaged in similar exercises.

Onichabor said, the training had become very imperative going by the recent happenings in the insurance industry and that the company needs to strategically position itself for the opportunities that the market might be bringing up in the near future.

“We want to be alive to our responsibilities as professional underwriters adding value to the insurance space in the country and beyond. We have identified the enormous opportunities embedded in the insurance market in the country and the most logical thing to do at this point is to prepare ourselves professionally in taking advantage of the opportunities that will definitely emerge at some point,” he said.

In exploring the opportunities, he noted that, “we do not want to also lose sight of the professional implications and risk management issues involved which is why we have taken time out to educate and upgrade the knowledge base of our personnel who are critical to the operations of our business.”

Earlier, the head of Corporate Communications and Investor Relations, Segun Bankole said, the company has, in the last couple of years, been on the growth trajectory and “we are desirous in maintaining the feat year-in, year-out which is why we have been so deliberate about exposing our staff to the best human capital development programmes that will in turn, make us competitive in the market.”

The managing director/CEO of the underwriting firm, Olaotan Soyinka said: “We see our members of staff as the most critical assets to the continuous growth of the organization and we cannot shy away from the fact that they must be given the best of attention in terms of training and human development capacity. We want to be the company for now and the future.”