NAICOM Reaffirms Support for Takaful, Microinsurance Growth as Noor Takaful Nears 10th Anniversary

L-R: Dr. Usman Jankara Jimada, Deputy Commissioner Technical, NAICOM; Amb. Shuaibu Ahmed, Chairman, Noor Takaful Insurance Company Limited; Mr. Olusegun Ayo Omosehin, Commissioner for Insurance, NAICOM and Mr. Ekerete Ola Gam-Ikon, Deputy Commissioner, Finance and Administration, NAICOM.

The National Insurance Commission (NAICOM) has restated its commitment to nurturing the growth of Takaful and microinsurance in Nigeria, positioning them as vital tools for financial inclusion.

During a courtesy visit by the Board and Management of Noor Takaful led by the Chairman of the company, Ambassador Shuaibu Ahmad, the Commissioner for Insurance, Mr. Olusegun Ayo Omosehin commended the company’s progress and urged greater ambition in expanding market reach, driving product innovation, and raising public awareness.

As Noor Takaful approaches its 10th anniversary, the Commissioner for Insurance encouraged the leadership to accelerate outreach and customer education, highlighting Takaful’s role in broadening access to protection for underserved communities.

Both institutions expressed optimism about strengthening collaboration to promote trust, innovation, and inclusive insurance for all Nigerians.

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