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

Insurance Meets Tech 5.0 Now Holds on November 20, 2026

Insurance Meets Tech (IMT), Nigeria’s leading platform for conversations...

Sanwo-Olu, Lai Mohammed, Gbenga Daniel to Discuss 2027 Elections, Insecurity at 7th Freedom Online Lecture

Challenges facing the economy and insecurity, especially associated with...

AXA Mansard Intensifies Hepatitis Awareness with Free Community Screening

As part of efforts to promote preventive healthcare and...

Heirs Insurance Group Celebrates 1,000 Retirees at Lagos Meeting

Heirs Insurance Group, Nigeria's fastest-growing insurance group, reaffirmed its...

NLNG, Petroleum Ministry Inspect Train 7 Project Site in Bonny

From left are Dagogo Buowari, Manager, Nigerian Content Development,...

Topics

BudgIT Demands Accountability over N129.5bn Disbursed on 2023 Census Without Result

Nigeria's last credible population census was conducted in 2006....

World Bank Dumps Doing Business Report over Data Irregularities

The World Bank Group issued the following statement on the...

NASENI Empowers 100 Ebonyi Youths on Modern Methods of Electrical Installation

Ebonyi Trainees: Trainees of NASENI Skill Acquisition Programme displaying their...

Afreximbank: ‘Covid-19 Caused $5bn Outflow from Africa in 1st Qtr 2020’

Professor Benedict Oramah President of Afreximbank African Export-Import Bank (Afreximbank),...

UNDP, Imo, Abia States Unveil N400m Economic Program to Support 11,000 Residents

As part of efforts to support communities deeply affected...

Guinea Insurance Congratulates Sunday Thomas on Confirmation as NAICOM Boss

  Great Minds Indeed Achieve Great Things  The Board of Directors, Management...

NGE Mourns its Deputy President, Saidu Wada

The Nigerian Guild of Editors (NGE) is devastated at...

AfDB, Global Partners Unveil $61.8m Funding for Women Entrepreneurs

The Governing Committee of the Women Entrepreneurs Finance Initiative...