By JEFF ADE

Led by incoming Chairman, Mr Kunle Ahmed, the members of Governing Council of the Nigerian Insurers Association (NIA) have paid a courtesy visit to the National Insurance Commission (NAICOM). The Commissioner for Insurance/CEO, Mr. Segun Ayo Omosehin, and his Management team welcomed the members of the Governing Council to his office.

The Incoming Chairman of the NIA, at the meeting, congratulated the team, extended good wishes 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. He further 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 Commissions ongoing review of its strategic plan to align it with the Nigerian Insurance Industrys ten-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 Managements 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.