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

P+ Measurement Services Rebrands at 11, Unveils Proprietary AI-Driven Reputation Audit Technology

P+ Measurement Services, which pioneered independent reputation intelligence and...

P+ Measurement Services Rebrands at 11, Unveils Proprietary AI-Driven Reputation Audit Technology

P+ Measurement Services, which pioneered independent reputation intelligence and...

‘Insurance Sector Has Biggest Untapped Opportunities in Nigeria’s Economy’

  Ayodele Akinwunmi Chief Economist, United Capital Plc Investment expert and Chief...

Lagos State Secures Top Spot in 2026 State of States Fiscal Performance Ranking

BudgIT, Nigeria's leading civic-tech organisation promoting fiscal transparency, accountability...

Insurance Industry Set for 2026 Almond Awards November 6 in Lagos

There is so much excitement in the insurance industry...

Topics

Why Women Empowerment is Vital to Ending Malnutrition in Nigeria

From the time a woman is born until when...

AT&T to Conduct 5G Tests in U.S.

AT&T is asking the FCC for a three-year experimental...

World Bank: Education Without Learning Threat to Development

Millions of young students in low and middle-income countries...

PenCom, Partners Target N300bn, Q2 2027 for Rollout of Infrastructure Financing

The National Pension Commission (PenCom), pension operators and development...

Densiva.ng: Open for Business, Investment in Digital Ecosystem

Densiva.ng, a frontline online marketplace where buyers and sellers...

Fidelity Bank Plc Donates Maternity Kits to Pregnant Women in Yaba, Lagos

Fidelity Bank Plc, a leading financial institution, has donated...

Daily Economy to Mark 2nd Anniversary with Insurance Book Launch

Daily Economy Concept, the Publisher of Daily Economy, a...