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RGA Leaders of Tomorrow Recognized at Global Insurance Forum - Lawrence Cheng, Ayodele Iyun, and Carmony Wong Recognized as Honorees

Singapore – June 21, 2019 The RGA Leaders of Tomorrow were recognized at the International Insurance Society (IIS) Global Insurance Forum in Singapore on June 20. Lawrence Cheng, from Peak Re, Ayodele Iyun from Custodian & Allied Insurance, and Carmony Wong from RGA were also recognized as the 2019 Leaders of Tomorrow Leadership Honorees.

Driving Growth in the Insurance Personal Line Space Through Nascent Technologies (Nigeria & Africa Perspective)

 

Ayodele Iyun, Head Business Development, Custodian Investment Plc.

The Nigerian insurance industry like most African countries is largely underdeveloped, and insurance penetration levels are very low by global standards. More so there is significant shortfall in promoting and developing the Personal lines insurance sector thereby leading to low (less than 20%) contribution in premium pooled from the country.