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

AEDC Bemoans Power Supply Disruption in Maitama after Invasion of Sub-station by Land Grabbers

The Abuja Electricity Distribution Company (AEDC) regrets to inform...

INTI International University Appoints Dr. Walter Duru as Research Fellow

Renowned Nigerian communication scholar, public relations leader, and Associate...

World Skin Health Day 2026: Skin Health Beyond Skin Colour – Better Knowledge, Better Skin Health

Dr. Folakemi Cole-Adeife Consultant Physician and Dermatologist LASUTH Every year on...

Stanbic IBTC Deepens Commitment to MSME Growth through Strategic Partnership with Abia State

Stanbic IBTC has reaffirmed its commitment to accelerating the...

Tinubu’s Biggest Opponent is Not Obi or Atiku… It’s Tinubu

  By Moses Braimah "A government that spends more time explaining...

Topics

INEC Deepens Deployment of Technology for Elections in Nigeria

  The Independent Electoral Commission (INEC) says it has deepened...

GTCO Deploys SQUAD to Reshape Nigeria’s Digital Payment Space  

  Fragmentation in the Nigerian payment space has served...

AIICO Celebrates Retiring Employees: Honouring Decades of Service with Gratitude

Left - right: Adeleke Adeshina (rtd), Lanre Oladehinde (rtd.),...

Polaris Bank Champions Girls’ Hygiene Awareness with Female Hygiene Essentials in Schools

Polaris Bank has continued its commitment to empowering the...

Newly Appointed MD/CEO Of NAIC Resumes Office, Pledges Inclusive Reforms

The newly appointed Managing Director/Chief Executive Officer of the...

Global Insurance Industry to Recover Strongly from COVID-19 Decline-Sigma Report

The insurance industry is set to overcome this year’s...

Dangote Cement Controls 65% of Nigerian Market

Leading pan African cement manufacturer, Dangote Cement has maintained...