NAICOM tasks industry players on commitment to new agenda

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 44 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 94%

IICC News

NAICOM,National Insurance Commission,Olusegun Omosehin

The National Insurance Commission (NAICOM) has urged industry stakeholders to prioritise regulatory adherence to realise new agenda of increasing insurance penetration and ensuring efficient prompt claims settlements in Nigeria.

The National Insurance Commission has urged industry stakeholders to prioritise regulatory adherence to realise new agenda of increasing insurance penetration and ensuring efficient prompt claims settlements in Nigeria.The National Insurance Commission has urged industry stakeholders to prioritise regulatory adherence to realise new agenda of increasing insurance penetration and ensuring efficient prompt claims settlements in Nigeria.

Omosehin assured the underwriting companies of the commission’s plans to revisit the placement of insurance business adverts for greater visibility and awareness, saying NIA is establishing a claims payment committee to facilitate prompt settlements, while the regulatory body is enforcing insurance for public buildings and construction projects to ensure safety, even as it is set to enhance collaboration with government agencies for regulatory efficiency.

They required NAICOM’s support for NIA’s claims payment committee to be established, which would help facilitate prompt settlements. As we host leaders across the globe to drive transformational leadership with The Magic of Emotional IntelligenceTM in Mombasa, Kenya The liquidity crisis in the Nigerian power sector has worsened with generation companies receiving 4.68 per of their monthly i

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines