Wednesday, April 1, 2026
28.8 C
Lagos

NIA Governing Council Visits NAICOM, Seeks Strategic Collaboration

The Commissioner for Insurance/CEO, Mr. Segun Ayo Omosehin, and his management team welcomed members of the Governing Council of the Nigerian Insurers Association (NIA) led by the incoming Chairman, Mr. Kunle Ahmed, who paid a courtesy visit to the National Insurance Commission (NAICOM) on Thursday, May 9, 2024 in Abuja.

During the meeting, the NIA incoming Chairman extended congratulations to the recently appointed Executive Management and expressed gratitude to the Commission for its pivotal role in maintaining a fair and stable insurance sector. He emphasised the importance of initiating the implementation of the 10-year strategic plan and finalising the consolidated insurance bill. Furthermore, he expressed willingness to collaborate with the new Executive, expressing confidence in their ability to elevate the insurance sector to greater heights.

The NIA delegation was briefed on the Commission’s ongoing review of its strategic plan to align it with the Nigerian insurance industry’s 10-year strategic plan.

The Commissioner for Insurance (CFI) assured continued collaboration with the NIA to safeguard consumer rights, particularly in ensuring the prompt settlement of genuine claims.

In his concluding remarks, the CFI affirmed the Executive Management’s ambition to drive growth in the Nigerian insurance market.

Overall, the meeting showcased a collaborative spirit between NAICOM and NIA, highlighting a shared commitment to advancing the insurance sector and protecting the interests of consumers.

spot_img
spot_img
spot_img

Hot this week

Middle-East Crisis: How Tinubu’s Policy of Naira-for-Crude Guarantees Supply Security in Nigeria

By Temitope Ajayi President Bola Tinubu demonstrated foresight in July...

Truecaller Crosses 500m Users: Sets a New Global Standard for Trusted Communication

Truecaller, the leading global platform for safe and trusted...

Leadway Assurance to Champion Climate Risk Solutions at Africa Climate Insurance Symposium in Germany

Leadway Assurance, Nigeria’s leading insurance services provider, will participate...

BUA Foods Posts ₦1.77tn Revenue, Signals Confidence with ₦28 Dividend as Payout Jumps 115%

Nigeria’s leading food manufacturing company, BUA Foods Plc has...

Topics

Global Airlines Financial Monitor: May 2O16

Key Points: · Global airline share prices fell by 3.0%...

Polaris Bank Named Nigeria’s Best Bank in MSME Lending

Polaris Bank, a leading retail commercial bank, has emerged...

Ecobank Group, TransferTo to Expand Financial Access, Payments in Africa

  TransferTo, a Singapore-based global technology group, and Ecobank Group, the leading...

Zika Virus: Brazil Advises Pregnant Women to Avoid 2016 Olympic Games

Pregnant women are advised not to travel to Brazil...

Wabote, Jonathan, Lumumba Win African Heritage Awards

  It was a night of colourful display of African...

Modernising African Payment Systems Set for Sept 14

The Modernising African Payment Systems virtual event will take place September 14th at 10:00...

Global Airlines Financial Monitor: August 2016

The latest financial results from Q2 2016 point to...
spot_img

Related Articles

Popular Categories

spot_imgspot_img