Ebere Nwoji
The Commissioner for Insurance, Mr Olusegun Ayo Omosehin, has urged insurance coverage managers to contribute their quota in direction of bridging infrastructural deficit in Nigeria by means of sustainable threat administration and native capital participation.
Omosehin mentioned insurers may do that by means of pool funds,infrastructure bonds and tailor-made threat ensures which might place them as enablers of nationwide improvement.
Omosehin spoke on the 2026 National Insurance Brokers’ Conference and Exhibition in Abuja.
While pledging NAICOM’s dedication to creating an enabling atmosphere that encourages product innovation, capital progress, and market enlargement, Omosehin mentioned he anticipated NCRIB and its members to lead from the entrance by constructing strategic alliances throughout the banking, power, manufacturing, and public infrastructure sectors.
“I urge us all to view this convention as a possibility to transfer past discussions and develop sensible suggestions that may strengthen the brokerage occupation, advance the implementation of NIIRA 2025 and place insurance coverage as a simpler instrument for infrastructure financing and nationwide improvement.
“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 said.
At this 12 months’s convention which has the theme “Insurance: Infrastructure Financing & National Development Agenda” , Omosehin said that as Nigeria advances towards sustainable financial renewal and a multi-trillion-dollar economic system, the crucial for long-term home capital formation and sturdy threat administration mechanisms had by no means been clearer.
Informing the insurance coverage brokers of their vital position on this regard, the insurance coverage Commissioner mentioned brokers occupy a central and indispensable place throughout the Nigerian insurance coverage ecosystem.
According to him, as trusted threat advisors, intermediaries, and advocates for policyholders, brokers generate a good portion of the entire premium quantity in insurance coverage market.
