Wednesday, August 20, 2025
22.3 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

Hot this week

NAICOM, SEC Initiates Partnership to Drive Insurance Sector Reforms

The Commissioner for Insurance, Mr. Olusegun Ayo Omosehin paid...

How Power Outages Threaten Nigeria’s Digital Economy Dream

By Elvis Eromosele Recently, I found myself inside a multi-storied...

Tinubu Commissions WAGL’s 40,000 CBM LPG Vessel in South Korea

Dignitaries at the naming ceremony of the 40,000 cubic...

NCC to Partner ATCON on National Digital Infrastructure Development

KEYNOTE ADDRESS BY DR. AMINU MAIDA, EXECUTIVE VICE-CHAIRMAN OF...

Tinubu Approves N16.7bn for Reconstruction of Mokwa Bridge in Niger State

President Bola Tinubu has approved the release of N16.7...

Topics

FCMB Earnings Analysis: Weak Asset Quality Pressures Earnings

First City Monument Bank Group Plc released its...

Emirates, Air Canada Form First-Ever Strategic Partnership

Emirates and Air Canada today announced the signing of...

Nigeria Under Pressure as Oil Freeze Talks Collapse

Nigeria and other African economies that depend solely on...

Robust FinTech Critical for Deepening Financial Inclusion in Nigeria – Maida 

The Executive Vice Chairman and Chief Executive officer (EVC/CEO)...

NDIC Initiates N47bn Payment to Heritage Bank Depositors

A liquidation dividend represents amount paid by the Corporation...

Ecobank Group Appoints Manekia as Group Exec

Ecobank Transnational Incorporated (ETI), parent company of the Ecobank...

Lekki Miami Beach Resort Celebrates One Year Anniversary

Set out to provide alternative holiday resort in Nigeria for Nigerians and foreigners alike, Lekki Miami Beach Resort (LMBR) Limited has continued to expand, offering value that could be comparable to its peers in other parts of the world. One year after commissioning, the resort located on Lekki Area of Lagos has provided leisure and comfort for individual and corporate clients who needed to relax after for short vacation and hard work off the city coast.

African Alliance Names Adekola as New CEO

Olabisi Adekola has been named new CEO of African...
spot_img

Related Articles

Popular Categories

spot_imgspot_img