Saturday, January 31, 2026
27.7 C
Lagos

NAICOM Seeks Strong Institutions, Collaboration in Insurance Sector

The Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, who was represented by the Deputy Commissioner, Mr. Ekerete Olawoye Gam-Ikon, attended the 2024 Nigeria Council of Registered Insurance Brokers (NCRIB) CEO’s Retreat held from June 13-15, 2024 in Uyo, Akwa Ibom State. The retreat was themed “Building Institutions That Survive Their Promoters.”

In delivering the goodwill message, the Deputy Commissioner emphasised that in today’s rapidly changing world, the concept of building enduring institutions is more relevant than ever. Institutions that outlive their founders represent sustainability, resilience and continuous excellence, becoming pillars of strength for our communities and guiding us through times of change and uncertainty.

He further noted that at NAICOM, there is a deep commitment to creating lasting legacies. This commitment is built on robust governance, innovation, and an unwavering dedication to ethical practices. These principles not only ensure the longevity of institutions but also foster trust and confidence among stakeholders.

The Deputy Commissioner highlighted the crucial role insurance brokers play in this endeavour. As intermediaries who facilitate critical financial protection, brokers are instrumental in promoting stability and security whose efforts contribute to a safer and more predictable environment for businesses and individuals alike. He expressed confidence that the discussions and insights shared during the retreat would illuminate strategies and best practices to ensure that the institutions built today will thrive for generations to come.

In conclusion, he urged everyone present to use the opportunity to collaborate, learn from each other and reinforce the insurance industry’s collective mission to create a sustainable future.

spot_img
spot_img
spot_img

Hot this week

UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

UAC of Nigeria Plc has announced its unaudited financial...

Moniepoint Celebrates 10 Years of Impact, Microfinance Bank Reports N412tn Transactions in 2025

Moniepoint Inc., Nigeria's definitive platform for small businesses and...

PenCom, PFAs to Unveil PENCAP – Data Recapture Self-Service Platform Feb 1

The National Pension Commission (PenCom), in collaboration with Pension...

NNPC Unveils Gas Master Plan 2.0, Milestone Represents Nigeria’s Dev’t Aspirations, Says Ekpo

L-R: Executive Vice President, Gas, Power & New Energy,...

Topics

Abia State Seeks Partnership with AfDB on Entrepreneurship

    The Abia State Government says a thriving entrepreneurship industry...

NCC Celebrates National Cybersecurity Awareness Month 2021

NCC Celebrates National Cybersecurity Awareness Month (NCSAM) 2021. This...

Allianz to Become Worldwide Olympic Insurance Partner

The International Olympic Committee (IOC) and Allianz has announced...

Stanbic IBTC: Most Outstanding Bank Supporting Women-Owned Businesses

Stanbic IBTC Bank Limited, a subsidiary of Stanbic IBTC...

Nigeria to Lift Trade Frontier in U.S.-Africa Relations

“Evidence of improved governance is seen across Africa, and...

NNPC Reports Helicopter Incident En-Route NUIMS-ANTAN FPSO

On the 24th of October 2024, about 11:22am, we...

Coscharis, Ford Unveil Sponsorship for Season 5 of The Next Titan

(L-R) Mr. Abiona Babarinde, General Manager Marketing and Communications...

Qatar Airways Reports $4bn Loss in 2020 over COVID-19 Pandemic

Qatar Airways has reported a net loss of 14.9...
spot_img

Related Articles

Popular Categories

spot_imgspot_img