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NAICOM, NSITF to Collaborate on Insurance Business in Nigeria

The CFI/CEO of NAICOM, Mr. Segun Omosehin paid a courtesy visit to the MD/CE of Nigeria Social Insurance Trust Fund, Mr. Oluwaseun Faleye at the NSITF Hqtrs in Abuja on Wednesday August 28, 2024.

The purpose of the visit was to discuss areas of collaboration between the Commission and the NSITF to deepen insurance penetration, harnessing the benefits of both conventional and social insurance, data sharing and analytics, capacity building and training, creating awareness and advocacy, driving compliance with Insurance requirements and many more.

The two agencies agreed to set up a joint committee to drive the collaboration, harness the contribution of insurance generally to national output and also boost growth potentials of the insurance sector in Nigeria.

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