Saturday, September 6, 2025
23.5 C
Lagos

‘INSURANCE FIRST’ Policy Adopted by New NIA Chairman, Tope Smart

Mr. Tope Smart, Group Managing Director/CEO of NEM Insurance Plc was yesterday elected the 23rd Chairman of the Nigerian Insurers Association (NIA) at its 47th Annual General Meeting (AGM) in Lagos.

L-R: Past Chairman, Nigerian Insurers Association (NIA), Ven Ladipo Ajayi; past Chairman, NIA, Mr Godwin Wiggle; Commissioner for Insurance, National Insurance Commission, Alhaji Mohammed Kari; New NIA Chairman, Mr. Tope Smart; his predecessor, Mr. Eddie Efekoha; a past Chairman, Mr. Wole Oshin, and a past Chairman, NIA, Oye Hassan-Odukale.

In his acceptance speech, Smart said he would adopt a policy of ‘Insurance First’ to lift the business and image of insurance in Nigeria, as well as protect the corporate interest of member companies of the NIA.

“My agenda would be anchored on the basis of Insurance First and NIA First. I promise to lift the image and business of insurance in Nigeria to the next level. We need to leverage on the experience of the industry to achieve the necessary result as well as collaborate with other arms of the insurance industry and relevant stakeholders outside the industry to move our market forward.”

Mr. Tope Smart Chairman Nigerian Insurers Association (NIA)
Mr. Tope Smart
Chairman
Nigerian Insurers Association (NIA)

He thanked the Council members of the NIA and the entire insurance industry for giving him the opportunity to lead the Association and the insurance sector in Nigeria. He solicited the support of the industry and other bodies outside the sector to ensure sustainable growth of insurance business in the country.

The new NIA chairman promised to unveil his comprehensive agenda during his formal investiture in the coming weeks.

The NIA is the umbrella body of insurance companies operating in Nigeria.

spot_img
spot_img

Hot this week

Sterling Bank Marks One Year of Africa’s Groundbreaking Core Banking System

Number one Best Workplace in Banking in Nigeria and...

Fidelity Bank Deepens Push for Non-Oil Exports Through FNITCC Platform

Nigeria’s diversification drive has gathered momentum in recent years...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

Chain Reactions Africa Names Franklin Ozekhome as Executive VP, Strategy & Innovation

As part of its digital transformation programme, Chain Reactions...

Topics

Root Capital, The MasterCard Foundation to Raise Income for 300,000 Farmers in West Africa

Impact investing pioneer, Root Capital announced at the African...

Stanbic IBTC Graduates 2nd Batch of Digital Trainees

Stanbic IBTC Holdings PLC, a member of Standard Bank...

Royal Exchange General Insurance Names Agili as New CEO

The Board of Directors of Royal Exchange Plc, has...

S&P Issues Red Alert on Nigerian Banking Sector

US rating agency, Standard & Poors revised its counter-party...

West Africa: Maritime Industry Could Generate $3.3bn

Maritime industry in West Africa could in the years...

Guinness Nigeria: Earnings Rebound From Q1 Low Despite Weakening Margins

Yesterday, GUINNESS released Q2-17/18 results showing net profit of...

1bn Women Worldwide Lack Access to Financial System

$300bn Financing Gap Between Men & Women. Financial exclusion remains a major constraint for women, particularly in developing countries. More than one billion women still do not use or have access to the financial system, according to the World Bank Group’s latest Global Findex Report. IFC has estimated that worldwide, a $300 billion gap in financing exists for formal, women-owned small businesses, and more than 70 percent of women-owned small and medium enterprises have inadequate or no access to financial services.

The FORGOTTEN DEBATE: Does Ex-Military Leaders Deserve State Pension?

For years, the controversy raged at the National Assembly,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img