NAICOM Commits to Enduring Legacies in Insurance Industry.
The Commissioner for Insurance, National Insurance Commission (NAICOM), Mr. Olusegun Ayo Omosehin, has said that the commission is committed to creating lasting legacies for the Nigeria insurance industry.
Mr Omosehin stated this at the 2024 Nigeria Council of Registered Insurance Brokers (NCRIB) CEO’s Retreat held from 13-15, June, 2024 in Uyo, Akwa Ibom State.
The NAICOM boss who was represented by the Deputy Commissioner, Mr. Ekerete Olawoye Gam-Ikon, noted that at NAICOM, there is a deep commitment to creating lasting legacies.
According to him, this commitment is built on robust governance, innovation, and an unwavering dedication to ethical practices.
He said these principles not only ensure the longevity of institutions but also foster trust and confidence among stakeholders.
The retreat theme was “Building Institutions That Survive Their Promoters.”
In delivering the goodwill message, the Deputy Commissioner emphasised that in today’s rapidly changing world, the concept of building enduring institutions is more relevant than ever. Institutions that outlive their founders represent sustainability, resilience, and continuous excellence, becoming pillars of strength for our communities and guiding us through times of change and uncertainty.
The Deputy Commissioner highlighted the crucial role insurance brokers’ play in this endeavour. As intermediaries who facilitate critical financial protection, brokers are instrumental in promoting stability and security whose efforts contribute to a safer and more predictable environment for businesses and individuals alike. He expressed confidence that the discussions and insights shared during the retreat would illuminate strategies and best practices to ensure that the institutions built today will thrive for generations to come.
In conclusion, he urged everyone present to use the opportunity to collaborate, learn from each other, and reinforce the insurance industry’s collective mission to create sustainable futures.
