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Bastion urges actuaries to promote transparency

Bastion Health is a HMO in the Nigerian market, which provides healthcare insurance solutions aimed at improving healthcare accessibility.

The event, themed “Transparency and Clarity in Insurance Policies: Navigating Risk Through Clear Policies, Claims, and Actuarial Expertise,” aimed to bridge the gap between the risk management industry and emerging talents.

Aduku stated that transparency in the financial services sector, particularly in insurance and pension management, is essential for fostering growth.

“In our business of improving healthcare accessibility and affordability through health insurance, it is imperative to define and segment the market, tailor the right products to the right audience, and ensure appropriate pricing and product definition for each market segment. Actuaries are vital to the business of insurance,” she noted.

She noted that Bastion Health remained committed to its mission of making good healthcare more accessible and affordable to Nigerians.

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