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AIICO Sponsors 2024 NCRIB CEOs Retreat in Uyo with Focus on Sustainable Institutions  

From Left-right: Mr. Adewale Kadri (ED, Technical, AIICO Insurance Plc), Mr. Arowojolu Adedayo (MD, Unitrust Insurance Co. Ltd), Mr. Tope Daramola (Executive Secretary/CEO), Mrs. Ekeoma Ezeibe (Deputy President, NCRIB), Mr. Ekerete Gam-Ikon (Deputy Commissioner, NAICOM), Prince Babatunde Oguntade (President NCRIB), Mr. Bob Emem (Commissioner for Economic Development, Akwa Ibom State), Mrs. Funke Adenusi (Vice President, NCRIB), Mrs. Yetunde Ilori (Director General, CEO of Nigerian Insurers Association), Mr. Edwin Igbiti (President, Chartered Insurance Institute of Nigeria).

Demonstrating their commitment to collaboration within the insurance industry, AIICO Insurance featured as the lead sponsor for the 2024 NCRIB CEOs’ Retreat held in Uyo, Akwa Ibom State. This sponsorship exemplifies AIICO’s focus on fostering professional development and service excellence within the insurance brokerage sector.

The NCRIB Chief Executive Officers converged on Uyo for their annual retreat between June 13 and 15, 2024 to review the state of their sub sector and brainstorm on the way forward. The retreat had as its theme: “Building Institutions that Survive Their Promoters.”

The Akwa Ibom State Governor, His Excellency, Mr. Umo Bassey Eno, who was the Special Guest of Honour, was represented by the State’s Commissioner for Economic Development, Mr. Bob Emem.

The Commissioner for Insurance was represented at the event by the Deputy Commissioner, Finance and Admin, Mr. Ekerete Gam-Ikon. In his speech, he emphasised on the concept and importance of building enduring institutions. He further assured all stakeholders of NAICOM’s commitment to creating lasting legacies, built on robust governance, innovation and dedication to ethical practices.

The Akwa Ibom State Commissioner stressed the need for collaborative efforts between the insurance industry and the public sector to harness the inherent potentials for value creation. He promised to make recommendations to the state government on possible areas of cooperation between the state and the industry.

In his welcome address, AIICO Insurance Plc’s Executive Director, Mr. Adewale Kadri, commended the insurance Brokers for their industry and professionalism. He expressed appreciation for the remarkable partnership with these key industry players which continues to yield positive results.

The three-day retreat also provided a relaxed social atmosphere for the CEOs to relate informally and take part in games and sporting activities away from the everyday official itinerary and functions.

The NCRIB is the umbrella body of registered and approved operators in the insurance brokerage business who are universally recognised as insurance intermediaries. Insurance Brokers deploy their skills and expertise in arranging insurance protection in the very best interest of their clients who are the proposers or consumers.

Among others, insurance Brokers are involved in risk evaluation and assessment, providing advice on types of policies, recommend and advice on the selection of underwriters based on their strengths and weaknesses, and ensuring prompt claims settlement.

AIICO Insurance is a leading composite insurer in Nigeria, with a 60-year record of accomplishment in delivering quality service to its clients. Founded in 1963, AIICO provides life & general insurance, health insurance, and investment management services to create and protect wealth for individuals, families, and corporate customers.

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