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

PufferPay CEO, Emmanuel Ovaga, to Keynote Business Journal Fintech & Financial Inclusion Roundtable 2026

Mr. Emmanuel Ovaga, the Chief Executive Officer (CEO) of...

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

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

FG to IMF: Response to Recent Misrepresentations on Public Expenditure

The Federal Government has noted recent public commentary alleging...

Topics

NCC: Launch of EVC’s Compendium, New Strategic Vision

The Minister of Communications and Digital Economy, Dr. Isa...

‘Kwara State Not Owing Pension, Salaries’

Kwara State is fully up to date with payment...

$100tr by 2O25: Digital Dividend for Business, Society

The “combined value” to society and industry of the...

Smile Communications Unveils CSR Initiative to Support Nigerian Schools

L-R: Loyola College School Principal, Mr. Akinlayo and Smile...

NCC, NAICOM, SEC, PenCom, Others for SUPERNEWS Conference April 27

SUPERNEWS Nigeria will on Thursday, April 27, 2023 bring...

UBA: N11tr Total Assets, N201bn Profit, 90kobo Dividend in 2022

  Oliver Alawuba Group Managing Director/CEO UBA Plc Africa’s Global Bank, United Bank...

Linkage Assurance Assures Clients of Value, Efficient Service in 2019

L-R: Mr. Humphrey Ozegbe, Head, Human Resources; Mr. Tony...

Insurers Launch ‘Live With Freedom’ Campaign to Grow Market

The insurance industry in Nigeria has collectively launched ‘Live...