NAICOM, Ghana’s NIC Strengthen Regional Integration, Drive Insurance Innovation

L-R: Dr. Abiba Zakariah; Commissioner for Insurance, National Insurance Commission (Ghana) and Mr. Olusegun Ayo Omosehin; Commission for Insurance, National Insurance Commission (Nigeria).

The Commissioner for Insurance of Ghana, Dr. Abiba Zakariah, today paid a working visit to the National Insurance Commission (NAICOM) of Nigeria, marking a significant step toward deepening regional collaboration within the African insurance sector.

The engagement focused on advancing cross-border co-operation in insurance innovation and reinforcing the role of the industry in driving sustainable regional economic growth.

In his welcome address, Nigeria’s Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, underscored the critical role of insurance in economic development.

He emphasised that meaningful poverty reduction across Africa remains unattainable without significantly increasing insurance penetration, which is essential for risk management, financial resilience, and inclusive growth.

Responding, Dr. Zakariah expressed appreciation for the warm reception and reaffirmed Ghana’s commitment to strengthening partnerships within the region.

She noted that prioritising collaboration among African insurance regulators is key to unlocking innovation, expanding market access, and enhancing financial inclusion across the continent.

The visit highlights both nations’ shared resolve to leverage regulatory cooperation and InsurTech advancements to build a more resilient and integrated African insurance landscape.

#NAICOM #NICGhana #InsuranceRegulation #InsurTech #AfricaInsurance #RegionalEconomy #FinancialInclusion #InsurancePenetration.

 

Hot this week

NCC, CAC Inform Telecom Stakeholders of New Ownership Structure Requirements

The Nigerian Communications Commission (NCC) and the Corporate Affairs...

NCC Appoints Princess Oforitsenere Emiko as Interim Chairman of Digital Bridge Institute Governing Board

The Board of the Nigerian Communications Commission (NCC) has...

Topics

Barclays, Standard Chartered Picketed in London over Bidco Business

East African protesters have taken to the streets of...

NCDMB ES Counsels Heritage Energy, Indigenous Firms on Corporate Governance

L-R: Government Relations Advisor, Heritage Energy Operational Services Limited...

‘Africa Must Close Science & Tech Gap to Take Advantage of AfCFTA’

H.E. Professor Ameenah Gurib-Fakim, the former President of Mauritius...

Wapic Insurance Unveils Innovative Travel Insurance Policy

Wapic Insurance Plc has unveiled an innovative travel insurance...

NAIPE 10th Anniversary Conference Attracts 28 Corporate Sponsors

  ‎Twenty-eight organisations including insurance companies, insurance institutions, broking firm,...

Stanbic IBTC PMI: Economic Rebound Continues in August

The recovery in the Nigerian private sector gathered momentum...

NAICOM + PenCom: Beautiful Deal!

R-L: Mr. O. S. Thomas, Commissioner for Insurance, National...

LIRS Boss, Ayodele Subair, Bags Vanguard’s Public Sector Icon Award

L-R: Mrs. Enonuya Angela- Assistant Director, Personal Income Tax,...