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

Nigerian-Born Founder Unveils WillsRecord from Silicon Valley to Build World’s First AI Music Economy Ecosystem

A new platform brings AI music creation, streaming, distribution...

E-Waste Dialogue 2026: NCC, NLNG Drum Support for ITREALMS Multi-Stakeholder Forum

As preparations intensify for the 2026 edition of the...

NEDOGAS MD, Debo Fagbami, to Chair Realnews 14th Anniversary Lecture

The Management of Realnews Magazine and Publications Limited, Publishers...

‘Insurance Must Become Visible First Before It Can Become Universal’

  By Niyi Onifade Managing Director/CEO Heirs Life Assurance Opening Argument: Nigeria...

Capital is Critical in Energy Investment, Not Resources Alone —NLNG MD

Adeleye Falade, NLNG’s MD/CEO (second from right), participated in...

Topics

Dev Bank of Nigeria to Support MSMEs with N396.5bn

The Federal Ministry of Finance has confirmed the completion...

Africa, ME Personal Devices Market Grows 5% in 2nd Qtr

The Middle East and Africa (MEA) personal computing devices...

AfDB, Japan Unveil $3bn Anti-Poverty Private Sector Initiative in Africa

The African Development Bank (AfDB) and the Government of...

Main One Upgrades Network Infrastructure for Superior Performance

Main One Cable Company has upgraded the lit capacity...

Ekiti State Residents Benefit from Fidelity Food Bank Programme

L-R: Church Administrator, St. Patrick Catholic Church, Ado-Ekiti, Reverend...

N5tr Debt Recovery a Challenge to All Nigerians – AMCON

Managing Director and Chief Executive Officer, Asset Management Corporation...

FOR THE RECORD

Address by Prince Julius Adelusi-Adeluyi, OFR, mni, Chairman, MTN...