Dr. Olisa Mokelu

28/04/2026

It's official.
Dr Olisaemeka Mokelu
Council Member
World Agriculture Forum
The Netherlands
(Nigeria Country Council)

26/11/2025

Full meaning of Relevant Insurance Bodies;
1. C.I.I.N- Chartered Insurance Institute of Nigeria
2. N.I.A.- Nigerian Insurers Association
3. NAICOM-National Insurance Commission.
4. NCRIB- Nigerian Council of Registered Insurance Brokers.
5. ILAN- Institute of Loss Adjusters of Nigeria.

24/11/2025

A risk surveyor is somebody who is employed to survey a large risk which is complex in nature,and it could be before or after a loss.
The surveyor acts as the eye of the insurer.

The features of a surveyor report are the
1. Full description of the risk
2. An assessment of the level of the risk
3. A measure of the maximum possible loss(MPL)
4. Recommendation on loss prevention.
5. Adequacy of the sum insured.

A seasoned Insurance and Management Consultant. A Doctor of Strategic Management and Leadership.A Corporate Sales Manager..

24/11/2025

"Hey friends! Are you aware of the changes coming with the Insurance Reform Bill 2025? One key update is the revamp of Third-Party Motor Insurance in Nigeria.

*What is Third-Party Motor Insurance?*
It's a compulsory insurance cover that protects you against damages or injuries to third parties (not your passengers or vehicle) in an accident. This includes bodily injury, death, or property damage.

*Key Changes with the 2025 Bill:*
- Increased compensation limits for victims of accidents
- Stricter enforcement of insurance requirements to reduce uninsured drivers
- Improved claims process for faster settlements

*Why is this important?*
- Protects you from financial liability in case of an accident
- Ensures victims get fair compensation
- Promotes safer driving habits

Check with your insurer to understand how these changes affect your policy. Let's drive safely and stay insured! "

24/11/2025

A package policy is a policy that can be described as a combined policy that has all the risks covered in a single policy e.g householder policy.

The advantages of a packaged policy to an insurer are
1. It is less costly
2. It has only one premium and same renewal date.
3. It reduces the likelihood of excluding any cover
4. It is easier to market as one product
5. It is easier to administer.

A seasoned Insurance and Management Consultant. A Doctor of Strategic Management and Leadership.A Corporate Sales Manager..

24/11/2025

Reinsurance is a contract between an insurer and the Reinsurer whereby the insurer cedes part or all of the risk that it has accepted so that in the event of a claim,the insurer will be compensated by the reinsurer.
The reasons for reinsurance are;
Security
Stability
Capacity
Catastrophe
Macro Benefits.

Quota Share is a fixed proportion of every risk defined in the treaty which is reinsured with the reinsurer.

Surplus Treaty is arranged in lines by the insurance company to cede the risk which are above the company retention and the balance is ceded to the insurer.

24/11/2025

Please contact me for any of the following as listed below

31/07/2025

Shout out to my newest followers! Excited to have you onboard! Rs Rayhan, Ayuba Maijamaa, Bashir Haliru, Odubajo Funmilola, Kenechukwu 'wulus' Ewulu, Ibrahim Garba, Confidoexceptional Nweke

28/07/2025

Coming soon!

A webinar on Insurance as a means of mitigating risk.

It promises to be exciting...