REX Insurance partners with Lagos on compulsory insurance
By Esther Agbo
The Managing Director, REX Insurance Limited, Mrs. Ebele Nwachukwu, announced the company’s intention to collaborate with the Lagos State government on implementing compulsory insurance policies.
This announcement was made during the inauguration of REX Insurance’s new headquarters and the unveiling of its updated corporate identity in Lagos.
“For Rex Insurance, we desire an opportunity to partner with the Lagos State Government to continue to promote the enforcement of compulsory insurance products like the builders’ liability, occupiers liability, professional indemnity, third party motor and group life insurance.
“We look forward to partnering with you to ensure that Lagos State continues to attain great economic growth and stability.
“At Rex Insurance see insurance as a valuable economic tool that is a risk mitigant and promotes economic growth. Insurance encourages economic activity by reducing the financial risks faced by businesses and individuals.
“This can lead to increased investment, entrepreneurship, and consumer spending, which in turn boosts tax revenues for the government. Rex Insurance Limited is here to ensure that Government, Corporate entities and individuals can live life in full,” she stated.
Chairman, REX Insurance, Chioke Ike, explained the rationale behind the new office building, highlighting the company’s forward-thinking vision.
“The decision to move to this state-of-the-art head office was driven by our vision to create a workspace that not only meets the needs of our employees but also symbolises our forward-thinking ethos.
“This new facility is more than just a building; it represents a new era for our company, one where we are better equipped to serve our customers, foster collaboration, and drive innovation. It is a space designed to inspire creativity, enhance productivity, and support our mission to deliver exceptional service.
“Our customers are at the heart of everything we do. This new head office embodies our unwavering dedication to providing the highest level of customer service. With advanced technologies and improved facilities, we are poised to enhance the customer experience significantly.
Every element of this building has been designed with our customers in mind, ensuring that we can respond more swiftly, efficiently, and effectively to their needs.”
Additionally, Ike reiterated REX Insurance’s commitment to timely claims payments and the adoption of technology to bolster its operations.
