By Sunday Etuka, Abuja
The National Insurance Commission (NAICOM) has assured continued collaboration with the Nigerian Insurers Association (NIA) to safeguard consumer rights, and ensure prompt settlement of genuine insurance claims.
Commissioner for Insurance/CEO of NAICOM, Mr. Segun Omosehin, gave the assurance when he received members of the Governing Council of the NIA led by the incoming Chairman, Mr. Kunle Ahmed, on a courtesy visit to the Commission on Thursday.
Mr. Omosehin affirmed the Executive Management’s ambition to drive growth in the Nigerian Insurance Market.
He also briefed them on the Commission’s ongoing review of its strategic plan to align it with the Nigerian Insurance Industry’s ten-year strategic plan.
During the meeting, the NIA incoming Chairman extended congratulations 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.
Furthermore, he expressed willingness to collaborate with the new Executive, expressing confidence in their ability to elevate the insurance sector to greater heights.
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.
