No ferwer than 28 insurance and pension regulators and operators have thrown their weight behind the upcoming 11th edition of the Nigerian Association of Insurance and Pension Editors (NAIPE) Annual Conference, scheduled to hold in Lagos.
The convergence of regulators and operators has not diminished by rescheduling of the event from initial 9:00am to 12 noon same day at Oriental Hotel, Victoria Island, Lagos. This was done to avoid conflicting schedule.
The confab will focus on the emerging market dynamics in Nigeria’s insurance and pension sectors, precisely on the heels of the recently concluded recapitalisation exercise in the insurance sector and ongoing exercise in the pension industry.
Themed: “Post-Recapitalisation and Market Dynamics in Insurance & Pension Sectors,’ the Chief Executive Officer of United Capital Asset Management Limited, Dr. Odiri Oginni, will deliver the keynote address, focusing on the Insurance Perspective while Mr. Oguche Aguda, Founder and Managing Partner of HRISP Partners, will equally deliver a paper on the theme, focusing on the pension perspective. The Group Managing Director of Custodian Investment Plc, Mr. Wole Oshin, will chair the event.
According to NAIPE, the conference is coming at a critical period for the two sectors, as insurance operators have just concluded their recapitalisation exercise, while pension operators are expected to conclude theirs in 2027.
The high level discourse will therefore examine how funds raised through recapitalisation can be strategically invested and deployed to generate stronger returns, deepen market confidence and improve service delivery and benefits to all stakeholders.
Expected dignitaries include the Commissioner for Insurance & Chief Executive Officer of the National Insurance Commission (NAICOM), Mr. Olusegun Omosehin; Director-General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran; chief executives of insurance companies, broking firms, investment and securities companies and Pension Fund Administrators (PFAs), as well as regulators, labour unions, students and other stakeholders.
Speaking ahead of the conference, Chairperson of NAIPE, Mrs. Ebere Nwoji said, the annual gathering provides a platform for insurance and pension journalists to contribute to the development of both sectors by promoting greater public understanding of insurance and pension as instruments for financial security and protection against old-age poverty.
Nwoji expressed appreciation to operators and regulators in the two sectors for their continued support for the conference, stressing that, the benefits derived from the annual event outweigh the resources committed to organising it. Besides, she said this year’s theme is timely, given the significant structural changes taking place in the insurance and pension industries through recapitalisation.
The NAIPE chairperson, particularly, commended the leadership of NAICOM for successfully concluding the insurance industry’s recapitalisation exercise, describing it as a major achievement for Omosehin.
She also expressed optimism that the pension industry, under the leadership of Ms. Omolola Oloworaran, would achieve a seamless and successful recapitalisation exercise.
Meanwhile, NAICOM, PenCom, SanlamAllianz, Veritas Kapital and 24 others have offered their support and partnership towards the conference.
