By Chinedu Adonu
ENUGU—NATIONAL Emergency Management Agency, NEMA, yesterday said it was working to collaborate with insurance companies to mitigate the effect of disaster in the South-East.
The South-East Zonal Director of NEMA, Mr Walson Ibarakumo, who made this known to newsmen in Enugu yesterday said that the main business of risk management is for insurance companies.
“What NEMA actually does is to provide succour to victims of disaster.
“Although, they (insurance companies) had not been forthcoming, NEMA is going to them to educate them that disaster management falls under their mandate as a business.
“Just recently, NEMA had a meeting with the insurance companies in Ebonyi State where we pointed out the need for them to collaborate with us and the areas their services are necessary in disaster management.
“At the meeting, the companies said that they would key in and be part of our sensitization so that they enlighten the general public on the vital role insurance has to play in disaster management.
“And if individuals or groups get to know and understand the role of insurance, I believe that they will subscribe to their insurance companies policy cover for their overall benefit when disasters occur,” he said.
According to him, “if people take up insurance policy cover, when disaster occurs, the insurance company or companies will come and do their own assessment and pay indemnity (compensation) to the victims.
“This indemnity or compensation is far above the succour NEMA brings to them,” he said.
The zonal director noted that NEMA would next week be taking a sensitization campaign to markets in Onitsha on the need for traders to take-up group insurance policy against disasters.
He noted that disasters like flooding are a yearly routine in markets in Onitsha and so, traders had to take up insurance policy against the yearly flooding. If not individually, it can be done in a group form.
“NEMA early this week is going to meet major government stakeholders and traders on the issue of insurance policy cover for their goods especially against the yearly flood as well as other unforeseen disasters.
“The agency believes that insurance will be of tremendous help to the traders in markets in Onitsha at this point,” he added.