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

10 Key Takeaways from the Africa Sustainability Forum 2026

  By Elvis Eromosele When the dream for the Africa Sustainability...

ALX Enterprise Convenes Executive Roundtable on AI Adoption, Workforce Readiness

ALX Enterprise recently convened a closed-door executive roundtable at...

Africa’s Green Transition Hinges on Energy Access, Jobs, Investment

L - R: Epa Ogie Eboigbe, Publisher, Epa.com, and...

Face of Independence Nigeria 2026 Crowns Edidiong Udoidua as Overall Winner

The Convener/Founder of Face of Independence Nigeria, Barrister Mrs....

Still More to Live: AIICO Sustains Retirement Income for 28,000 Retirees

At its 2026 Annuitants Forum, AIICO Insurance Plc reaffirmed...

Topics

PenCom DG, IGP Seek Collaboration for Better Retirement Benefits for Police Officers

From Left: The Director General of the National Pension...

9mobile Celebrates 15 Years of Innovation, Excellence, 9ja Spirit of Resilience

Emerging Markets Telecommunications Services (EMTS) trading as 9mobile has...

£15bn Petro Union Fraud: Attorney-General of the Federation Steps In

In a significant move to safeguard Nigeria from potential...

AMCON Submits List of Top 1,000 Bank Debtors to NA for Speedy Recovery

In another deft strategy to intensify its debt recovery...

Virtual Assets: SEC Goes Tough on Illegal Trading

In a bid to rid the Virtual Assets space...

Dell Reinvents Endpoint Security Portfolio with Secureworks, CrowdStrike

Cyber criminals are continuously shifting their attack techniques to...

Sterling Bank Alleges Exploitation of National Assembly, Police Force CID in Business Dispute

Sterling Bank Limited, has petitioned the Inspector General of...

Positive Streak Extends into 5th Consecutive Trading Day

As anticipated, the All Share Index (ASI) significantly rose...