NAICOM leads Insurers on Compulsory Insurance Awareness
Operators of insurance industry are queuing behind the National Insurance Commission (NAICOM), to create awareness on the benefits of buying into compulsory insurance initiative and it’s. implementation.
The industry operators are in synergy with the Regulator which is driving a one-week insurance education and sensitisation programmes in Portharcourt, Rivers State capital.
The aim is to promote compulsory insurance, and further explain benefits of the just approved vehicle third party insurance premium and claim regime.
NAICOM’s Head of Corporate Communications and Market Development, Rasaaq Salami, said that the Commission in collaboration with insurers; brokers; agents and members of Chartered Insurance Institute of Nigeria (CIIN) in the state have been engaging Ministry officials in the state and other stakeholders such; as law enforcement agents, marketers and motorists.
He noted that the one-week long event has been fruitful as the stakeholders had at different meetings held with them had robust interactions with members of NAICOM and insurance practitioners.
He said motorists at the events were educated on the enormous benefits from the recently approved vehicle third party insurance premium and claims regime, stressing that having been educated the motorists expressed commitments to complying with the policy.
The NAICOM spokesman said the commission had extracted commitments from insurance practitioners that attended the meeting to ensure the stakeholders are fully served with insurance products and service.
