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NCRIB, NAICOM Announce Action Plan to Rebuild Confidence in Insurance

Staff Reporter by Staff Reporter
November 28, 2025
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“We truly value the relationship between NAICOM and NCRIB. As we continue to implement NIIRA 2025, we see the brokerage community as a critical partner in promoting market discipline, driving professionalism, and rebuilding the confidence of Nigerians in the insurance sector. We look forward to a productive and fulfilling collaboration under your leadership.”

The Commissioner for Insurance National Insurance Commission (NAICOM), Olusegun Omosehin, made this assertion when he received the newly elected President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Mrs. Ekeoma Ezeibe, FCIB, along with members of her Governing Council to the Commission’s headquarters in Abuja.

This visit, Mrs. Ezeibe’s first official engagement with NAICOM following her formal investiture as the 17th President and third female leader of the Council, provided an opportunity to strengthen existing ties, review ongoing reforms, and align on key priorities under the National Insurance Industry Reform Agenda (NIIRA 2025).

Omosehin, described her leadership as “a major milestone for the Council and a reflection of the increasing strength and influence of women in the insurance profession.”

In her remarks, NCRIB President thanked the Commissioner and the entire NAICOM management for the warm reception. She expressed her appreciation for the support the brokerage community has consistently received from the Commission. The meeting reinforced the longstanding relationship between NAICOM and NCRIB and highlighted a shared commitment to deepening professionalism, strengthening compliance, and driving sustainable growth in the insurance industry.

She also clarified that many of the historical compliance issues were not acts of negligence, but often administrative oversights. She assured the Commissioner that the new leadership is committed to addressing these gaps and deepening engagement with NAICOM to foster clarity and shared understanding across the market.

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