Tuesday, September 16, 2025
26.4 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

Hot this week

Designing the Future: Arc Christian Benimana, Prof Taibat Lawanson to Headline Ecobank Design and Build 2025

Ecobank Nigeria has announced that celebrated architect Arc. Christian...

Sovereign Trust Insurance Wins Enactus Catalyst Award

From L-R: Victor Akinfala, Head Partnerships & Special Projects,...

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

Universal Insurance MD/CEO, Jeff Duru, Bags CIBN Associate Membership

  Dr. Jeff Duru Managing Director/CEO Universal Insurance Plc The Managing Director/CEO of...

Sterling One Foundation CEO, Olapeju Ibekwe, Joins Board of UN Global Compact Network Nigeria Ahead of UNGA 80

    Olapeju Ibekwe, Chief Executive Officer of Sterling One Foundation,...

Topics

3 Ways to Connect the Dots of Nutrition in Nigeria

Food is a universal language. It knows no barrier....

Market Statistics: Wednesday, 8th November 2017

Market Cap (N'bn)                12,853.7 Market...

Cornerstone, Custodian Facing N486.5m Lawsuit on Allegation of Non-Payment of Claims

Cornerstone Insurance Plc and Custodian Investment Plc have been...

Linkage Assurance: N42bn Total Assets, N5bn Premium in Q1 2022

Underwriting firm, Linkage Assurance Plc has announced 16 percent...

GE Hits 100th Power Plant Milestone in Sub-Saharan Africa

At the forefront of innovation and technology in energy...

BudgIT Charges Buhari to Prioritise Oil Sector Reform

President Buhari Following the outcome of the Presidential Election, which...

TRENDS IN TALENT ACQUISITION FOR 2020

The hiring market has changed dramatically over the last...

Guinness Nigeria: Earnings Rebound From Q1 Low Despite Weakening Margins

Yesterday, GUINNESS released Q2-17/18 results showing net profit of...
spot_img

Related Articles

Popular Categories

spot_imgspot_img