Committee on Insurance of Public Buildings Meets on Compliance

From Left: Mrs. Adebola Odukale, DG, NIA; Mr. Ahmed Adamu, Ag. Directo, Research & Statistics, NAICOM; Deputy Commissioner for Insurance, Mr. Ekerete Ola Gam-Ikon, who serves as the Committee Chairman and Mr. Rasaaq Salami of NAICOM.

As part of the on-going initiatives spearheaded by the Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, the 2nd Meeting of the Insurance of Public Buildings and Buildings Under Construction Committee took place on Tuesday, July 2, 2024, in Abuja.

The Deputy Commissioner for Insurance, Mr. Ekerete Ola Gam-Ikon, who serves as the Committee Chairman, welcomed the committee members representing various stakeholder institutions. In his opening remarks, he emphasised the importance of the committee’s national assignment: developing a methodology to ensure compliance with the insurance of public buildings and buildings under construction. This effort aims to enhance the uptake of insurance in these sectors.

The day’s deliberations focused on identifying and exploring synergies with stakeholders, liaising with State Governors and Houses of Assembly to domesticate insurance laws for better compliance, researching similar policies in other jurisdictions, and sensitising stakeholders on the importance of adherence to compliance with compulsory insurances.

Hot this week

Cardoso, Okonjo-Iweala to Headline 7th Africa Emerging Markets Forum in Abuja

A high-level fireside dialogue between the Governor of the...

Stanbic IBTC Named Winner in Four Categories at Euromoney Awards for Excellence 2026

Stanbic IBTC, a member of Standard Bank Group, was...

NGX Group Delivers Record First-Half Performance, Announces ₦1.30 Interim Dividend

Revenue rises 118% as profit before tax increases 170%,...

DataPro: Beyond the Balance Sheet: A Thorough Approach to Ratings

“In today’s complex financial world, your creditworthiness is your...

NAICOM Pledges Support for Lagos State Building Insurance Scheme

Keynote Address by Mr. Olusegun Ayo Omosehin, Commissioner for...

Topics

NGE Mourns its Deputy President, Saidu Wada

The Nigerian Guild of Editors (NGE) is devastated at...

NSE/LSE Capital Market Conference in London

L  - R shows Diane Cote, Chief Risk Officer,...

NDIC Targets Risk-Based Premium by Banks in Deposit Insurance

KEYNOTE ADDRESS BY THE MANAGING DIRECTOR/CHIEF EXECUTIVE, NIGERIA DEPOSIT...

Stanbic IBTC, NFF Sign N2.3bn Annual Partnership Deal

L-R: Demola Sogunle, Chief Executive, Stanbic IBTC Holdings PLC...

Sanwa-Olu Unveils Ecobank Pan-African Centre, Laud Bank’s Smart Building Initiative

(front row - L -R) Managing Director, Ecobank Nigeria,...

Leadway Supports Nigerian Pavilion at London Design Biennale 2025

Leadway Group, one of Nigeria's foremost non-banking financial service...

Children’s Day: Ecobank Counsels Parents on Remote Learning

  Patrick Akinwuntan Managing Director Ecobank Nigeria   The Managing Director, Ecobank Nigeria, Patrick...