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

GOCOP to Institute Dotun Oladipo Prize for Online Journalism

The Guild of Corporate Online Publishers (GOCOP) has announced...

Leadway Unveils Bespoke Short-Term Cover for Businesses, Visitors to Nigeria Ahead of Festive Season

L–R: Brand and Communications Manager, Leadway; Niyi Abiola, Global...

Ecobank: Driving Sale of Dangote Refinery Shares Across Africa for Retail, Institutional Investors

Ecobank is enabling the sale of Dangote Petroleum Refinery...

Ecobank, AD Consulting Unveil Nigeria’s Art, Architecture Icons in “The Convergence”

Nigeria’s leading voices in art and architecture will converge...

Benin-Asaba Expressway Concession Company Appoints Emmanuel Onwodi as COO

The Benin-Asaba Expressway Concession Company Limited (BAECC) has announced...

Topics

Untapped Intra-Regional Trade Opportunities Key to Boosting African Economies

Despite an average annual growth in exports of 8.5%...

NSE Partners Kinabuti Fashion Initiative to Promote Financial Literacy

As part of its contribution towards building a financially...

Almond Awards: Continental Re, NEM, Anchor in Contention as Voting Ends Oct 20

The 2023 Almond Insurance Industry Awards Panel of Judges...

Global Airlines Financial Monitor: September 2017

The more complete financial data from Q2 show...

Ecobank Named ‘Agric Lender of the Year 2020’ by BAFI Awards

Ecobank Nigeria has emerged the winner of “Agric...

#VisaFreeAfrica Initiative Introduces Writing Competition

#VisaFreeAfrica (VFA) recently introduced the 55 Voices for a...

Nigerian Fertilizer Firms to Benefit from $2.2m Financing

    The Africa Fertilizer Financing Mechanism (AFFM) has kick-started a...