BY NKECHI NAECHE-ESEZOBOR—For Mrs. Ebelechukwu Nwachukwu, her election as the 27th Chairman of the Nigerian Insurers Association marks more than a personal milestone—it reflects a renewed commitment by Nigeria’s insurance industry to rebuild public trust, embrace innovation and connect more closely with millions of Nigerians who remain uninsured.
The Managing Director and Chief Executive Officer of Rex Insurance Limited was elected to lead the association during its 55th Annual General Meeting in Lagos, ushering in a fresh leadership team tasked with steering the industry’s next phase of growth.
The AGM also produced a new executive team, with the Managing Director of AIICO Insurance Plc, Babatunde Fajemirokun, elected Deputy Chairman, while the Managing Director of Anchor Insurance Company Limited, Augustine Ebose, emerged as Treasurer.
Others elected on the council are Managing Director of Coronation Insurance Plc, Olamide Olajolo; Managing Director of SanlamAllianz Life , Tunde Mimiko; Managing Director of SUNU Assurances Nigeria, Samuel Ogbodu; Managing Director of Veritas Kapital Assurance PLC, Dr. Adaobi Nwakuche and Managing Director, of Cornerstone Insurance Plc, Mr. Stephen Alangbo.
Alongside the leadership transition, the association unveiled NIA Pulse, a podcast studio established to improve insurance awareness and strengthen engagement with the public through digital media.
The platform will feature discussions involving regulators, insurers and other industry stakeholders, with the goal of simplifying insurance concepts, addressing misconceptions and promoting a better understanding of insurance products.
Speaking at the launch, the outgoing Chairman, Kunle Ahmed, said the initiative gives the industry an opportunity to tell its own story and better communicate its contributions to the nation’s economy.
He noted that despite paying substantial claims and supporting economic growth over the years, the industry’s achievements have not been adequately recognized due to the limitations of traditional communication channels.
Ahmed added that the digital platform is designed to connect with today’s technology-driven audience by delivering insurance-related content through podcasts and other online channels.
The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission, Olusegun Omosehin, represented by Julius Odidi, described NIA Pulse as a strategic investment that would improve consumer education and public engagement.
Also speaking, the President of the Chartered Insurance Institute of Nigeria, Mrs. Yetunde Ilori, commended the initiative, saying it reflects the industry’s collective commitment to enhancing its image and increasing public confidence.
The emergence of Mrs. Nwachukwu and the launch of NIA Pulse come at a time of ongoing reforms in Nigeria’s insurance sector, reinforcing operators’ determination to expand insurance adoption and rebuild public trust.
