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

Nigeria’s Nuclear Ambitions Boosted as Akkuyu NPP Unit 1 Construction is Completed

Nigeria is steadily advancing toward the development of its...

NHIA, ‎PTAD, Universal Insurance Sponsor NAIPE 2026 AGM

‎The National Health Insurance Authority (NHIA),‎ Pension Transitional Arrangement...

Stanbic IBTC Bank Nigeria PMI: New Orders Continue to Rise Sharply in June

Improving demand conditions helped to support further increases in...

Leadway Health: HMO of the Year Award for 4th Consecutive Time at 2026 Nigerian Healthcare Excellence Awards

Leadway Health, one of Nigeria’s premier health insurers and...

CBN Revokes Licences of 46 Microfinance Banks Nationwide

  The Central Bank of Nigeria (CBN) has revoked the...

Topics

EFCC Invests in Digital Forensics to Tackle Emerging Crime Challenges

L-R: Dr. Abidemi Cornelius Adegboye, Department of Economics, University...

Shareholders Lament Foreign Acquisition of Local Insurance Firms  

  L-R: Welfare Officer, Independent Shareholders Association of Nigeria (ISAN),...

Ecobank, Old Mutual Strengthen Strategic Partnership

Ecobank Transnational Incorporated (ETI) parent company of the Ecobank...

NDSF’24: Nnamani to Speak @Internet Governance for Development

The Chief Executive Officer (CEO) of the most interconnected...

Certified Pension Institute of Nigeria Holds Workshop in Abuja

I am very pleased to participate in this three-day...

Leadway Spotlights Women Making Waves Through Hersurred Initiative

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

World Bank: Infections Could Cause Global Economic Damage by 2050

Drug-resistant infections have the potential to cause a level...

Bonny Gas Transport Charters Prototype Eco-Friendly Newbuild Vessel, AKTORAS

Mrs. Olu Verheijen, the Special Adviser to the President...