NIA Celebrates her 26th Chairman, Mr Kunle Ahmed
The Nigerian Insurers Association with the entire insurance industry, on Wednesday, celebrated Mr Kunle Ahmed as the 26th Chairman of the Nigerian Insurers Association (NIA), during his investiture which was widely attended by government officials, regulators, and leaders in the financial sector in Lagos. At the event, financial leaders and other achievers, extolled the virtues and […]
CIIN Leadership Visits NIA Chairman and the Governing Council of the Nigerian Insurers Association
On Thursday, 29 August 2024, the President of the Chartered Insurance Institute of Nigeria (CIIN), Mrs. Yetunde Ilori, paid a courtesy visit to the Chairman and Governing Council of the Nigerian Insurers Association (NIA) at the NIA Secretariat.
The visit was made alongside other council members of CIIN; during the visit, Mrs. Ilori engaged in discussions with the NIA leadership, focusing on the advancement of the insurance sector in Nigeria. The meeting highlighted the importance of collaboration between the CIIN and NIA in promoting professional standards, enhancing public confidence in insurance, and driving industry growth.
NAICOM Leadership Visits NIA, Assures Policyholders’ Protection, Stable Insurance Sector
In a bid to foster collaboration and drive growth in the insurance sector, the new Commissioner for Insurance (CFI), Mr. Olusegun Omosehin expressed his commitment to building a robust and stable insurance sector that prioritizes the protection of policyholders and the beneficiaries of insurance policies in general. He stated this during his visit to the NIA Secretariat to meet with all the CEOs of insurance companies in the industry.
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.
NIA Governing Council Visits NAICOM
The Commissioner for Insurance/CEO, Mr. Segun Ayo Omosehin, and his management team welcomed members of the Governing Council of the Nigerian Insurers Association (NIA) led by the incoming Chairman, Mr. Kunle Ahmed, who paid a courtesy visit to the National Insurance Commission (NAICOM) on Thursday, May 9, 2024 in Abuja.
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 emphasised the importance of initiating the implementation of the 10-year strategic plan and finalising 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.
The NIA delegation was briefed on the Commission’s ongoing review of its strategic plan to align it with the Nigerian insurance industry’s 10-year strategic plan.
Bola Tinubu Appoints New NAICOM Board
President Bola Tinubu on Friday 19th April approved the appointment of the board of the National Insurance Commission (NAICOM), naming, Olusegun Omosehin, the commissioner for Insurance/CEO of the regulatory body.
To work with him at the top of the management of the Commission is Ekerete Ola Gam-Ikon, the new deputy commissioner for Insurance (Technical) and Usman Jankara, the new deputy commissioner for Insurance (Finance and Administration).
Stakeholders Charge Insurers To Mitigate Socio-Political Risk Via Insurance
Stakeholders have affirmed that in a country like Nigeria, where socio-political challenges often intersect with economic uncertainties, the insurance industry can play a vital role in safeguarding the interests of individuals, businesses, and the nation as a whole.
House of Reps Reaffirms Support for Insurance Industry Growth
The Nigerian Insurers Association (NIA) has bagged assurance and positive support from the House of Representatives.
The assurance was given when the leadership of the Association visited the Chairman of House Committee on Insurance and Actuarial Matters of the House of Representatives, Honourable Ahmed Jaha, in Abuja.
Insurance Industry Embraces New Partnership To Promote Insurance Business
Operators in the insurance industry have announced a new partnership agreement that is tailored toward building bridges to enhance business development that will help deepen insurance.
The Insurance Meets Tech Conference 2023 (IMT 2.0), held on September 28 and 29, 2023, at the Civic Centre in Victoria Island, Lagos, marked a significant milestone in Nigeria’s insurance and insurtech sectors.
The Insurance Industry Celebrates the Exit of an Icon, Late Professor Joseph Ogbonanya Irukwu
NIA in collaboration with all the stakeholders in the insurance industry celebrates the exit of an icon, Late Professor Joseph Ogbonanya Irukwu.