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

CIIN Cements Institutional Partnership with Insurance Meets Tech for 5th Edition

L-R: Registrar/CEO and Secretary to Council, Chartered Insurance Institute...

CAMCONIA: Bankole Banjo of SanlamAllianz Emerges New Chairman

The Corporate Affairs Managers Committee of the Nigerian Insurers...

‘Dangote Refinery in Kenya Will Have Positive Impact on Country, East Africa’

Being text of the remarks by Dr. Umaru Kwairanga,...

AIICO Reinforces Commitment to Human Capital Development with State-of-the-Art Learning Facility

Left to right: Mr. Gbenga Ilori, Executive Director &...

Polaris Bank Takes Customer Service to “The Extra Mile”

Polaris Bank is set to join organisations around the...

Topics

SUNU Group Holds Mass to Mark Anniversary of Founder’s Death

From Left: Head, Corporate Services, SUNU Assurances Plc, Japari...

Nominations Now Open for 2024 Almond Insurance Industry Awards

The stage is now set for the 2024 Annual...

Equities Market Kick-Starts the Week Positive… NSE ASI up 51bps

The Equities market reversed Friday's negative close to open...

Paramount Unveils Armoured Vehicle for Global Defence Market

Paramount Group, the African-based global defence and aerospace company,...

Red Star Express Restates Commitment to Compliance with Regulations

Red Star Express Plc, a licensee of Federal Express...

NDIC Management Pays Courtesy Visit to FCT High Court Chief Judge

The MD/CE, Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan...

Niteo Partners Green Glass Africa for Bespoke Power Solutions

The quest to improve access to power and thus...

Linkage Assurance Reports N6.52bn Gross Premium in Q4 2019

  Daniel Braie Managing Director/CEO Linkage Assurance Plc Linkage Assurance Plc has recorded...