Insurance heavyweights have lined up to engage with Aviation and Logistics Stakeholders at the upcoming Aviation and Cargo Conference CHINET 21 in Lagos.
They will be led by the Lead Speaker on the Role of Insurance in Aviation Business, Chief Babajide Olatunde-Agbeja Chairman Boff & Company Insurance Brokers Ltd. There has been growing complaints among Aviation Stakeholders that Insurance Companies in Nigeria lack the Capacity to handle Aviation Business in Nigeria.
These complaints include that of the High Premiums paid by Nigerian Airlines to Foreign Insurance Companies which keeps rising every year because of presumed country risk issues.
Airlines claim that the high cost of insurance is passed onto the passengers and the Nigerian economy is also not benefiting from the prevailing system. Chief Olatunde-Agbeja brings his over 40 years’ experience at the highest level of insurance brokerage to the conference.
He will be supported by leading insurance companies and their Chief Executives. The session on insurance will include question and answers to effectively engage the players in the entire value chain of aviation.
The conference will have the Chairman of the Senate Committee on Aviation, Senator Smart Adeyemi and his House of Reps Committee Counterpart Honourable Nnolim Nnaji as Special Guests of Honour.
With the involvement of more Stakeholders who are signing up for the Aviation, Cargo and Export Conference in Nigeria the organisers say only registered delegates will be allowed into the venue. Because of the Covid19 Protocols in Lagos State all delegates must register and receive their tags before the 10th of August.
This is as the Nigeria Export Promotion Council NEPC the Apex Body in Charge of promoting export in Nigeria and the Nigerian Export Processing Zone Authority NEPZA will be making presentations on how exporters can be assisted to do more through aviation.