By Favour Nnabugwu

Chairman of Mofes Insurance Brokers Limited, Prof. Festus Mobolaji Epetimehin will deliver an inaugural lecture on micro-insurance to scholars and residents in Osun State.

Epetimehin who is also a Professor of Insurance and Risk Management, Dean College of Management Sciences of the institution will lecture on ‘Small but Big: Micro-insurance and the reduction of social risk of poverty’  at Joseph Ayo Babalola University in Akure, Osun State middle of this month.

According to him, “Micro-insurance is considered as one of the most effective means of reducing the vulnerability of the poor from the impacts of disease, theft, violence, disability, fire and other hazards.

Insurance protects against unexpected losses by pooling the resources of the many to compensate for the losses of the few, the more uncertain the event the more insurance becomes the most economical form of protection.”