Insurance brokers promote stability, security —Omosehin

Insurance brokers in playing the pivotal role as intermediaries that facilitate critical financial protection, are instrumental in promoting stability and security whose efforts contribute to a safer and more predictable environment for businesses and individuals alike.

The Commissioner for Insurance/CEO National Insurance Commission (NAICOM) Mr. Olusegun Ayo Omosehin stated this at the 2024 Nigeria Council of Registered Insurance Brokers (NCRIB) CEO’s retreat which had the theme, “Building Institutions That Survive Their Promoters”, held in Uyo, Akwa Ibom State.

Represented by the Deputy Commissioner, Mr. Ekerete Olawoye Gam-Ikon, Mr. Omosehin in his goodwill message emphasised that in today’s rapidly changing world, the concept of building enduring institutions is more relevant than ever.

He said: “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”.

He further noted that at NAICOM, there is a deep commitment to creating lasting legacies, and that the commitment is built on robust governance, innovation, and an unwavering dedication to ethical practices.

These principles, he stressed not only ensure the longevity of institutions but also foster trust and confidence among stakeholders.

Mr. Omosehin 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.

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.

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