NAICOM Moves To Safeguard Consumers Rights, Ensure Prompt Settlement Of Claims
NAICOM Boss, Olusegun Omosehin
The Commissioner for Insurance (CFI) Olusegun Omosehin, has assured the Nigerian Insurers Association (NIA) of continued collaboration to safeguard consumer rights, particularly in ensuring the prompt settlement of genuine claims.
Omosehin said this when members of the Governing Council of the Nigerian Insurers Association led by the incoming Chairman, Kunle Ahmed, paid a courtesy visit to National Insurance Commission in Abuja.
The CFI affirmed the Executive Management’s ambition to drive growth in the Nigerian Insurance Market.
During the meeting, the NIA incoming Chairman extended congratulations to the recently appointed Executive Management of NAICOM 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.
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.
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.
