Heirs Life CEO Optimistic Of Transformed Insurance Sector

The managing director/CEO, Heirs Life Assurance, a member of Heirs Insurance Group, Niyi Onifade, after being elected to the governing council of the Nigerian Insurers Association (NIA), expressed optimism of a transformed Insurance sector.

The election was done following the Association’s 53rd Annual General Meeting held on June 27, 2024.

Onifade’s election further strengthens the capacity of the association as an umbrella body steering the insurance industry towards new-age practices and adopting customer-centric policies to bring the public closer to the insurance sector.

Speaking on the election of Onifade, the director general and CEO of NIA, Bola Odukaye, said, “We strongly believe your expertise and contributions will significantly enhance the quality of the Council’s deliberations and activities towards positioning the insurance industry to its rightful place in the Nigerian financial services sector.”

Niyi Onifade expressed his commitment to the Association. He said: “I am honoured by the Council’s trust in my leadership capabilities and the opportunity given to serve and contribute my quota to the transformation of the Nigerian Insurance industry. This election is also a testament to Heirs Insurance Group’s unwavering commitment to advancing the insurance industry.”

The Nigerian Insurers Association (NIA) continues to advocate for the growth and stability of the Nigerian insurance sector. Onifade’s role will be instrumental in shaping policies and strategies that will foster a positive outlook for both the industry and the wider economy.

Niyi Onifade is a seasoned insurance practitioner with over 30 years experience in the Nigerian Insurance Industry. He serves as the MD/CEO of Heirs Life, a member of Heirs Insurance Group, Nigeria’s fastest growing insurance Group.