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 Tasks Directors on Corporate Governance, Performance Post-Recapitalisation

It is my distinct honour to welcome you to...

NAICOM Tasks Directors on Corporate Governance, Performance Post-Recapitalisation

It is my distinct honour to welcome you to...

Polaris Bank Strengthens Cancer Advocacy Through Sustained Community Impact

L-R: Olabisi Oladiran, Founder WinCancer Foundation; Rasheed Bolarinwa, Head,...

Green Energy Financing Helps Nigerian SMEs Cut Power Costs and Boost Productivity

Nigeria’s energy sector is entering a period of significant...

Leadway Earns Commendation from SMEs as 100 Businesses Enjoy Free Exhibition at Lifestyle Fair

Small and medium-sized enterprises (SMEs) have commended Leadway Group,...

Topics

African Airlines Record 7.4% Growth in 2016

The International Air Transport Association (IATA) announced full-year global...

CBN Raises Alarm over Cyber Security Hack Attempts

The Central Bank of Nigeria (CBN) wishes to alert...

SERAP asks Akpabio, Abbas to Explain ₦1.3bn Allocation to ‘Fictitious Presidential Council’

The Socio-Economic Rights and Accountability Project (SERAP) has urged...

NCC Chief, Aminu Maida, is Special Guest of Honour at Business Journal Fintech & Financial Inclusion Roundtable 2026

Dr. Aminu Maida, Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC)...

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

‘FG Should Dispose Recovered Assets in a Transparent Manner’

BudgIT tasks President Buhari to carry out the disposal...

FG Commends Indorama on Cheap Fertilizers for Farmers

The Presidential Committee on Fertilizer Initiative (PCFI) has expressed...

WEF, City of Helsinki: Human-centric Approach Data for Global Progress

  The World Economic Forum and the City of Helsinki...