OIM Journal

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Data Stewardship and Competitiveness of Insurance Firms in South-South, Nigeria

Author(s): AKERE, Catherine Barikuma.

Abstract:
This study ascertained the relationship between data stewardship and competitiveness of insurance firms in South-South, Nigeria. The study employed the information security control theory as the baseline theory underlying the study. The study adopted the descriptive research design, using a cross sectional approach. The target population comprised all the insurance firms in south-south, Nigeria, while the accessible population for the study comprised the twenty-nine (29) insurance firms in South-South, Nigeria. The researcher adopted a census method were 145 principal officers were chosen based on the focus of the study. Data collected using structured and close-ended questionnaire. Retrieved data was analyzed using the Spearman Rank Order of Correlation Coefficient, with the help of Scientific Package for Social Science version 23. The findings revealed that there is a positive and significant relationship between data stewardship and competitiveness of insurance firms in south-south, Nigeria using the Pearson Product Moment Correlation coefficient at 95% confidence interval. The study concludes that there is a positive and significant relationship between data stewardship and competitiveness of insurance firms in South-South, Nigeria. The study therefore recommends that; Data stewards should be engaged so that insurance firms’ data is protected, trustworthy and usable which is integral to the competitiveness of insurance firms in South-South, Nigeria.

Keywords: Data Stewardship, Competitiveness, Patronage & Market Share

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