Mr. O.S. Thomas
Commissioner for Insurance
NAICOM
Mr. O.S. Thomas, the Commissioner for Insurance, National Insurance Commission (NAICOM) says the Commission is committed to development of insurance across all strata in the country and would continue to do more to ensure inclusive development of insurance.
Thomas added that NAICOM is also committing huge resources to actuarial development in the country in collaboration with the Chartered Insurance Institute of Nigeria (CIIN) through the College of Insurance and Financial Management though the entire process has been affected by advent of the COVID-19 pandemic.
“The Commission will continue to collaborate and support the Institute where possible, for the attainment of quality education, training and improved ethical behaviour of practitioners. The Commission’s concern for specialised regulators’ training has prompted the inception of the process of establishing the NAICOM Academy which will not only serve the training need of the Commission but also those of other regulators in the West African sub region.”
He assured the Institute that the Academy will not compete but complement the activities of CIIN for the benefits of insurance business and insurance profession.
“The future of the profession is very bright and the potentials are enormous, we only need to fill the gaps.”
