The National Insurance Commission (NAICOM) on Tuesday affirmed its commitment to align the insurance sector with the Renewed Hope Agenda of President Bola Tinubu. Mr Olusegun Omosehin, Commissioner for Insurance, gave the assurance at the investiture of Mrs Yetunde Ilori…
The National Insurance Commission (NAICOM) has unveiled a complaint management portal to ensure swift resolution of all complaints on insurance related issues NAICOM in a statement made available to newsmen in Lagos named the address of the portal as: complaints.naicom.gov.ng.…
By Esther Agbo The National Insurance Commission (NAICOM) has announced its plan to integrate Artificial Intelligence (AI) into Nigeria’s insurance sector. This initiative supports the Federal Government’s National Artificial Intelligence Strategy, which aims to establish Nigeria as Africa’s leading AI…
The Retail Insured Family Association of Nigeria (RIFAN), the country’s largest community of insurance consumers, has praised the Commissioner for Insurance, Olusegun Omosehin, and the Inspector General of Police, Kayode Egbetokun, for their recent efforts to enforce mandatory third-party insurance.…
By Esther Agbo The National Insurance Commission (NAICOM) has unveiled plans to increase the number of insurance agents in Nigeria to boost insurance penetration, which in 2022 industry survey by Augusto and Co, stands at less than 1 percent, one…
The Gross Premium Written of the Nigerian Insurance industry for the fourth quarter of 2023 stood at N1.003 trillion. This represents about 27 percent growth compared to N790 billion recorded in 2022. This was disclosed in the fourth quarter Insurance…
The National Insurance Commission (NAICOM) says the commission is not conducting any recruitment exercise currently or offering any grants or financial assistant programmes. Head, Corporate Affairs, National Insurance Commission (NAICOM), Mr Rasaaq Salami disclosed this in a statement on Wednesday in…
The National Insurance Commission (NAICOM) says the commission is not conducting any recruitment exercise currently or, offering any grants or financial assistant programmes. Mr Rasaaq Salami, Head, Corporate Affairs, National Insurance Commission (NAICOM) disclosed this in a statement on Wednesday…
The Nigerian Content Development and Monitoring Board (NCDMB) has assured the National Insurance Commission (NAICOM) of its willingness to implement the insurance services regulations jointly issued by both agencies in June 2022, to get Nigerian oil and gas companies to…
The Commissioner For Insurance, Mr Sunday Thomas, says recent efforts by NAICOM to review status of claims in the books of insurance companies and findings during onsite examination, reveals worrisome number of outstanding claims. The commissioner also charged Boards of…
