UNDP partners NAICOM, NIA, NCRIB on Insurance Literacy, Consumer Protection Campaign
The Nigerian Insurers Association(NIA) on Tuesday, Feb. 4, 2025, represented its member companies at the 2025 United Nations Development Programme (UNDP) Insurance Literacy and Consumer Protection Campaign held at the Balogun Business Association Square(BBA), ASPAMDA Market, Lagos International Trade Fair, Badagry Road, in Lagos.
The campaign, scheduled to hold across different states of the country, including the FCT, is in collaboration with the National Insurance Commission (NAICOM), the Nigerian Insurers Association(NIA) and the Nigerian Council of Registered Insurance Brokers(NCRIB).
NIA, represented by Mr Soji Oni, Controller Technical, explained risk management mechanisms for
market risk improvement during the campaign.
OVER FOUR DECADES OF THE ECOWAS BROWN CARD SCHEME
Nigerian National Bureau, ECOWAS, Commemorates Four Decades of ECOWAS Brown Card Insurance Scheme; Reinforces Commitment to Continuous Innovation and Collaboration
The Nigerian National Bureau, in collaboration with the Economic Community of West African States (ECOWAS), is proud to celebrate the 42nd Anniversary of the ECOWAS Brown Card Insurance Scheme. This significant milestone marks over four decades of successful implementation and operation of the scheme and its contributions to regional cooperation and integration.
Since its inception on May 29 1982, the ECOWAS Brown Card Insurance Scheme has played a crucial role in facilitating the movement of persons and goods across the ECOWAS member states. The scheme provides compensation to road accident victims for bodily injury, death, and material damage within the ECOWAS region. This initiative has provided individuals and businesses with essential protection and peace of mind while promoting the free movement of goods and services within the region.
NAICOM Strengthens Path to Compliance of Insurance of Public Building
The National Insurance Commission, NAICOM, has moved a step further to ensure enforcement and monitoring of insurance of public buildings and buildings under construction.
In that regard, the Regulator, has inaugurated a 10 member stakeholder committee to ensure success and implementation of the law.