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NAICOM Management To Drive Growth In Insurance Market, Hosts NIA Governing Council

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BY NKECHI NAECHE-ESEZOBOR–The National Insurance Commission, NAICOM, on Thursday affirmed the executive management’s ambition to drive growth in the Nigerian Insurance Market.

The Commissioner for Insurance/CEO, Mr. Segun Ayo Omosehin, disclosed this when the members of the Governing Council of the Nigerian Insurers Association (NIA) led by the incoming Chairman, Mr. Kunle Ahmed, paid a courtesy visit to the Commission.

He also assured of its continued collaboration with the Association to safeguard consumer rights, particularly in ensuring the prompt settlement of genuine claims.

On its strategic plan, he said the commission currently reviewing its strategic plan to align it with the Nigerian Insurance Industry’s ten-year strategic plan.

In his remark, 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 emphasized the importance of initiating the implementation of the ten-year strategic plan and finalizing 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.

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