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

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

Share
Share

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.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

NIA Commend Nigerian Police On Enforcement Of Third-Party Motor Insurance, Says Is A Game Changer For The industry

BY NKECHI NAECHE-ESEZOBOR— The Nigerian Insurers Association (NIA)on Monday applauded the Inspector...

With Investment In Oil Assets, Mutual Benefits Assurance Targets No 1 Position In Nigeria

…As GPW Hits N40bn FY2024    BY NKECHI NAECHE- ESEZOBOR— Mutual Benefits...

Linkage Assurance CFO Becomes Pioneer Chairman Of ICAN-NIA Chapter

Dr. Emmanuel Otitolaiye, Chief Financial Officer(CFO) of Linkage Assurance Plc has been...

2025 Budget: NCRIB Calls For Adequate Insurance On FG Projects

BY NKECHI NAECHE– ESEZOBOR–The leadership of the Nigerian Council of Registered Insurance...