NKECHI NAECHE- ESEZOBOR— National Insurance Commission, (NAICOM) and Nigeria Social Insurance Trust Fund, (NSITF), have agreed to set up a joint committee to drive the collaboration and deepen both conventional and social insurance penetration in the country.
Both agencies disclosed this when NAICOM boss, Mr. Olusegun Ayo Omosehin paid a courtesy visit to the MD/CEO NSITF, Mr. Oluwaseun Faleye at the NSITF Hqtrs in Abuja.
According to NAICOM, the partnership will focus on harnessing the benefits of both conventional and social insurance, data sharing and analytics, capacity building and training, creating awareness and advocacy, driving compliance with Insurance requirements and many more.
The two agencies agreed to harness the contribution of insurance generally to national output and also boost growth potentials of the insurance sector in Nigeria.
