NAICOM Seeks Strong Institutions, Collaboration in Insurance Sector

The Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, who was represented by the Deputy Commissioner, Mr. Ekerete Olawoye Gam-Ikon, attended the 2024 Nigeria Council of Registered Insurance Brokers (NCRIB) CEO’s Retreat held from June 13-15, 2024 in Uyo, Akwa Ibom State. The retreat was themed “Building Institutions That Survive Their Promoters.”

In delivering the goodwill message, the Deputy Commissioner emphasised that in today’s rapidly changing world, the concept of building enduring institutions is more relevant than ever. Institutions that outlive their founders represent sustainability, resilience and continuous excellence, becoming pillars of strength for our communities and guiding us through times of change and uncertainty.

He further noted that at NAICOM, there is a deep commitment to creating lasting legacies. This commitment is built on robust governance, innovation, and an unwavering dedication to ethical practices. These principles not only ensure the longevity of institutions but also foster trust and confidence among stakeholders.

The Deputy Commissioner highlighted the crucial role insurance brokers play in this endeavour. As intermediaries who facilitate critical financial protection, brokers are instrumental in promoting stability and security whose efforts contribute to a safer and more predictable environment for businesses and individuals alike. He expressed confidence that the discussions and insights shared during the retreat would illuminate strategies and best practices to ensure that the institutions built today will thrive for generations to come.

In conclusion, he urged everyone present to use the opportunity to collaborate, learn from each other and reinforce the insurance industry’s collective mission to create a sustainable future.

Hot this week

NAICOM, Ghana’s NIC Strengthen Regional Integration, Drive Insurance Innovation

L-R: Dr. Abiba Zakariah; Commissioner for Insurance, National Insurance...

NCC, CAC Inform Telecom Stakeholders of New Ownership Structure Requirements

The Nigerian Communications Commission (NCC) and the Corporate Affairs...

NCC Appoints Princess Oforitsenere Emiko as Interim Chairman of Digital Bridge Institute Governing Board

The Board of the Nigerian Communications Commission (NCC) has...

Topics

Ecobank Unveils SME Bazaar: A Festive Marketplace for Local Entrepreneurs

Ecobank Nigeria, a member of Africa’s leading pan-African banking...

NCDMB Hosts Ghana National Oil Coy on Local Content Benchmarking Study

  R-L: Dr. Obinna Ezeobi, General Manager, Corporate Communications, Esueme...

NCC Warns: Hacking Group Targeting Telcos, ISPs

In keeping with its commitment to continuously keep stakeholders...

Ecobank: Building Entrepreneurs, Supporting Financial Inclusion via Xpress Point Agents  

  Ecobank Nigeria has reiterated that its agency banking scheme,...

CBN: Anchor Borrowers’ Programme Loan Repayment Tops 52.39% in Feb 2023

  The Central Bank of Nigeria (CBN) says it remains...

SEC Canvasses Advanced Financial Inclusion by 2030

The Securities and Exchange Commission (SEC) has stressed the...

NAICOM, Insurance Industry Mourn Buhari

It is with profound sadness that we received the...

African Dev Bank Unveils $3bn COVID-19 Fund for Africa

  Dr. Akinwunmi Adesina President African Development Bank   The African Development Bank (AfDB)...