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NIA, NCRIB Mull Re-enacting Dormant Tools For Inter Body Cooperation

Staff Reporter by Staff Reporter
August 26, 2022
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NIA, NCRIB Mull Re-enacting Dormant Tools For Inter Body Cooperation

L-R: DG NIA, Mrs. Yetunde Ilori, NCRIB President, Mr. Rotimi Edu, former chairman NIA, Mr. Ganiyu Musa, NIA chairman, Mr. Segun Omosehin, Executive Secretary/CEO NCRIB, Mr. Tope Adaramola during the visit to NIA in Lagos.

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Creating the right synergy for insurance industry accelerated growth has been identified as key to more contribution of insurance industry to Nigeria gross domestic product.

This was expressed at the meeting of heads of the Nigerian Council of Registered Insurance Brokers (NCRIB) led by its President, Mr. Rotimi Edu, mni when the Council’s delegation visited the Nigerian Insurers Association (NIA) in Lagos.

Mr. Rotimi Edu stated that cohesion and professionalism would be effective for services only if insurance brokers who are members of the NCRIB accelerate their collaboration with underwriters under the aegis of the NIA.

“Revitalisation of the various Joint and Technical Committees of the industry is being put at the front burner to facilitate effective sharing of information between our two unique professional divides in the industry”, he stated, noting that the two bodies should see themselves as co-operators rather than competitors.

Earlier, NIA chairman Mr. Ganiyu Musa in what was an event at the edge of his tenure, pledged the readiness of the NIA to cooperate with insurance brokers body to reenergize the Joint Technical Committee, exchange information with a view to making the industry vibrant and contribute to the national economy.   

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