Ethical Insurance: Noor Takaful Urges Stronger Collaboration To Deepen Access

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Noor Takaful Insurance Limited, Nigeria’s pioneer composite Takaful security firm, has called for stronger collaboration with its partners and brokers to grow entree to ethical and inclusive security solutions crossed the country.

The company’s vice chairman, Aminu Tukur, made the telephone yesterday during the firm’s Partnership and Recognition Event astatine Radisson Blu, Ikeja, Lagos.

Tukur said the event, themed “Driving Growth Through Partnership,” was designed to observe and reaffirm the values of trust, collaboration, and shared prosperity that specify Noor Takaful’s operations. He emphasised that the company’s occurrence is tied to the spot and committedness of its partners.

“Through your dedication and support, Noor Takaful has continued to grow its reach, deepen its impact, and fortify participants’ assurance nationwide. You, our brokers and partners, are not conscionable intermediaries—you are the span betwixt our imaginativeness and the radical we serve,” helium stated.

Speaking astatine the event, the managing manager of Noor Takaful Insurance Limited, Rilwan Sunmonu, said the institution has maintained profitable maturation contempt regulatory and marketplace challenges successful the past year. He revealed that collaboration with much than 200 brokers contributed to a gross written publication of N4.3 billion.

Sunmonu added that Noor Takaful is targeting a Gross Written Contribution of N30 cardinal by 2026 done merchandise enlargement and deeper marketplace penetration, supported by a robust operational and stakeholder engagement strategy.

Chief Business Development Officer, Ismaeel Ayanlere, noted that Takaful security successful Nigeria is astatine a turning point, moving from a niche merchandise to a mainstream, inclusion-driven maturation engine. He projected that with cardinal drivers specified arsenic integer distribution, ethical concern awareness, and regulatory reforms, security penetration could emergence from 0.3 per cent successful 2024 to 1.5 percent by 2030.

He besides urged for the implementation of the NIIRA Act, which helium said would fortify participants’ confidence, heighten capitalisation, and amended security penetration successful Nigeria.

Similarly, the main operating serviceman of Noor Health, Abiola Thompson, said the company—Nigeria’s archetypal nationalist Sharia-compliant Health Maintenance Organisation (HMO)—was established to supply accessible, affordable, and wellness-driven healthcare. She reaffirmed that brokers stay captious partners successful helping the institution grow into ethical healthcare.

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