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.

Hot this week

Nigerian-Born Founder Unveils WillsRecord from Silicon Valley to Build World’s First AI Music Economy Ecosystem

A new platform brings AI music creation, streaming, distribution...

E-Waste Dialogue 2026: NCC, NLNG Drum Support for ITREALMS Multi-Stakeholder Forum

As preparations intensify for the 2026 edition of the...

NEDOGAS MD, Debo Fagbami, to Chair Realnews 14th Anniversary Lecture

The Management of Realnews Magazine and Publications Limited, Publishers...

‘Insurance Must Become Visible First Before It Can Become Universal’

  By Niyi Onifade Managing Director/CEO Heirs Life Assurance Opening Argument: Nigeria...

Capital is Critical in Energy Investment, Not Resources Alone —NLNG MD

Adeleye Falade, NLNG’s MD/CEO (second from right), participated in...

Topics

Insurance, Banking, Telecom CEOs with Highest Media Visibility in Q2, 2024

Inspite of the challenging economic conditions and their adverse...

Ericsson Report: 310m LTE Subscriptions in Sub-Saharan Africa by 2023

LTE subscriptions will expand by 47 percent from...

Seplat Takes Immediate Steps to Counter Interim Court Orders Against its Officers

  Seplat Energy says it was already aware of moves...

COVID-19: Linkage Assurance Activates Online Platforms to Serve Customers

                                                      Daniel Braie MD/CEO Linkage Assurance Plc Linkage Assurance Plc has activated...

Red Hat Appoints Converge Global West African Premier Partner

Red Hat Inc, the world's leading provider of open...

Technology to Drive Advances in Air Passenger Experience, Infrastructure

The International Air Transport Association (IATA) called on governments...

NIA Congratulates Segun Bankole on Election as CAMCONIA Chairman

The Nigerian Insurers Association (NIA) has sent a message...

NCDMB Unveils Selection Criteria for Inaugural Nigerian Content Awards

The Nigerian Content Development and Monitoring Board (NCDMB), in...