Insurance

AIICO Sponsors 2024 NCRIB CEOs Retreat in Uyo with Focus on Sustainable Institutions

From Left-right: Mr. Adewale Kadri (ED, Technical, AIICO Insurance Plc); Mr. Arowojolu Adedayo (MD, Unitrust Insurance Co. Ltd.), Mr. Tope Daramola (Executive Secretary/CEO, NCRIB); Mrs. Ekeoma Ezeibe (Deputy President, NCRIB), Mr. Ekerete Gam-Ikon (Deputy Commissioner, NAICOM), Prince Babatunde Oguntade (President NCRIB), Mr. Bob Emem (Commissioner for Economic Development, Akwa Ibom State), Mrs. Funke Adenusi (Vice President, NCRIB), Mrs. Yetunde Ilori (Director General/CEO of Nigerian Insurers Association), Mr. Edwin Igbiti (President, Chartered Insurance Institute of Nigeria)

Demonstrating their commitment to collaboration within the insurance industry, AIICO Insurance featured as the lead sponsor for the 2024 Nigerian Council of Registered Insurance Brokers (NCRIB) CEOs’ Retreat held in Uyo, Akwa Ibom State.

This sponsorship exemplifies AIICO’s focus on fostering professional development and service excellence within the insurance brokerage sector.

The NCRIB annual CEOs retreat which took place in Uyo, Akwa Ibom State between June 13 and 15, 2024 was to review the state of insurance sub sector and brainstorm on the way forward. The retreat had as its theme: “Building Institutions that Survive Their Promoters”.

Speaking at the occasion, the representative of the Commissioner for Insurance/CEO, National Insurance Commissioner (NAICOM), Mr. Olusegun Omosehin, the Deputy Commissioner, Finance and Administration, Mr. Ekerete Gam-Ikon, harped on the concept and importance of building enduring institutions.

He further assured all stakeholders of NAICOM’s commitment to creating lasting legacies, built on robust governance, innovation and dedication to ethical practices.

The Akwa Ibom State Commissioner for Economic Development, Mr. Bob Emem, who represented the Governor of the State, who was the Special Guest of Honour, His Excellency, Mr. Umo Bassey Eno, stressed the need for collaborative efforts between the insurance industry and the public sector to harness the inherent potentials for value creation.

He promised to make recommendations to the state government on possible areas of cooperation between the state and the industry. 

In his welcome address, AIICO Insurance Plc’s Executive Director, Mr. Adewale Kadri, commended the insurance Brokers for their industry and professionalism. He expressed appreciation for the remarkable partnership with these key industry players which continues to yield positive results.

The three-day retreat also provided a relaxed social atmosphere for the CEOs to relate informally and take part in games and sporting activities away from the everyday official itinerary and functions.

The NCRIB is the umbrella body of registered and approved operators in the insurance brokerage business who are universally recognized as insurance intermediaries. Insurance Brokers deploy their skills and expertise in arranging insurance protection in the very best interest of their clients who are the proposers or consumers. 

Among others, insurance Brokers are involved in risk evaluation and assessment, providing advice on types of policies, recommend and advice on the selection of Underwriters based on their strengths and weaknesses, and ensuring prompt claims settlement.

AIICO Insurance is a leading composite insurer in Nigeria, with a 60-year record of accomplishment in delivering quality service to its clients. Founded in 1963, AIICO provides life & general insurance, health insurance, and investment management services to create and protect wealth for individuals, families, and corporate customers.

Edet Udoh

We are The Revealer, a general online news platform based in Nigeria. Our focus amongst others is to provide credible, factual, well researched and balanced news and articles for our teeming readers in business, governments, politics, engineering, science, religion, technology etc. Edet Udoh is the Managing Editor. He is an experienced media person. He has worked extensively with the Champion Newspapers, The Authority Newspapers and the Blueprint Newspaper before starting Revealer Online News platform in 2018. He can be reached with this email address: edetudoh2003@gmail.com or via these phone numbers 08061246427 and 08170080488

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