NEM targets promotion of healthy workforce in regular fitness work

Underwriting firm, NEM Insurance over the last two year has developed the culture of holding fitness walk as part of the company’s effort to build a healthy workforce, increase staff bonding and deepen awareness about insurance amongst the Nigerian public.

A similar exercise held on Saturday is the second for the year where staff, beginning with aerobics from its head office on Ikorodu road walked to Maryland and back to the office.

Tope Smart, group managing director/CEO of the Company said this is part of the company’s efforts to build a healthy workforce, which impacts positively on productivity.

According to him, the initiative will have a multiplier effect on productivity as it’s targeted at ensuring that staff who could not take advantage of the in-house gym to keep fit, have another avenue to exercise for better productivity.

Smart further stated that beyond ensuring that we build physical and mental health for better productivity, “we are also creating awareness about insurance.”.

He stated that with the walk today, a lot of attention has been attracted, and this helps to build the consciousness about insurance services on the mind of people within the community and passersby.

“We are very proud of our industry and we will continue to promote it, Tope Smart said.”

NEM Insurance Plc started business in Nigeria in 1948 through the agency of Edward Turner & Co. It became a Nigerian branch of NEM General Insurance Association Limited of London in 1965. Incorporated in 1970 as a Nigerian company in compliance with the Companies Decree of 1968, the company became quoted on the Nigerian Stock Exchange in 1989 following the privatization by the Federal Government of Nigeria. The company, which has contributed immensely towards the growth of the Insurance Industry in Nigeria, was into Life and Non- Life business. Following the recapitalization exercise in 2007, the company merged with Vigilant Insurance Company Ltd to transact all classes of General Insurance.

The company has expanded its operations into the West African Sub-region, with the successful registration and commencement of business of its former subsidiary, Nem Insurance (Ghana) Limited in May 2009. The subsidiary is now merged with Regency Alliance to form Regency Nem Insurance Ghana Ltd in September 2016 due to recapitalization requirement. A new member, NEM Asset Management Limited was also added to the Brand earlier in March 2016.