Ebere Nwoji
The Commissioner for Insurance, Mr Olusegun Ayo Omosehin, has urged insurance coverage managers to contribute their quota in the direction of bridging infrastructural deficit in Nigeria by sustainable danger administration and native capital participation.
Omosehin mentioned insurers may do that by pool funds,infrastructure bonds and tailor-made danger ensures which might place them as enablers of nationwide growth.
Omosehin spoke on the 2026 National Insurance Brokers’ Conference and Exhibition in Abuja.
While pledging NAICOM’s dedication to creating an enabling surroundings that encourages product innovation, capital development, 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 chance 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 growth.
“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 yr’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 danger administration mechanisms had by no means been clearer.
Informing the insurance coverage brokers of their essential function 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 danger advisors, intermediaries, and advocates for policyholders, brokers generate a good portion of the full premium quantity in insurance coverage market.
