Insurance regulator, National Insurance Commission NAICOM, has directed insurance industry to put its act together and step up as a key enabler of national development.
The Commissioner for Insurance, NAICOM, Mr. Olusegun Omosehin, today, roused insurers to act at the 2026 National Insurance Brokers Conference and Exhibition at Shehu Musa Yar’Adua Centre, Abuja. He outlined some insurance grown platforms that are enablers; pool funds, infrastructure bonds, and tailored risk guarantees.
Omosehin said NAICOM stands by to enable insurance involvement, “NAICOM remains fully committed to creating an enabling environment that encourages product innovation, capital growth, and market expansion.”
As a specific NAICOM charge to brokers whos theme for the confab is, “Insurance: Infrastructure Financing and National Development Agenda,” he said, “We expect NCRIB and its members to lead from the front by building strategic alliances across the banking, energy, manufacturing, and public infrastructure sectors.”
Rating the confab as agenda setter, Omosehin said, “I urge us all to view this conference as an opportunity to move beyond discussions and develop practical recommendations that will strengthen the brokerage profession, advance the implementation of NIIRA 2025 and position insurance as more effective instrument for infrastructure financing and national development.
“Let us work together to build an industry that commands public trust, delivers value to policyholders and contributes meaningfully to Nigeria’s economic aspirations,” he stated.
Featured Picture: L–R: Mrs. Ekeoma Ezeibe, FCIB, President of the Nigerian Council of Registered Insurance Brokers (NCRIB); Mr. Olusegun Ayo Omosehin, Commissioner for Insurance; Alhaji Mohammed Kari, Waziri of Bauchi and former Commissioner for Insurance; Mrs. Ebelechukwu Nwachukwu, Chairman of the Nigerian Insurers Association (NIA); and Mr. Akinjide Orimolade, President of the Chartered Insurance Institute of Nigeria (CIIN).
