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NCRIB, NIA partner on growth of insurance industry 

Stephen Jombo by Stephen Jombo
January 24, 2025
in Business
Reading Time: 1 min read
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Insurance operators have expressed the need to forge more synergy towards growing the industry by accelerating its contribution to Nigeria’s Gross Domestic Product (GDP). President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Rotimi Edu, stated this intention at a meeting when its delegation visited the Nigerian Insurers Association (NIA) in Lagos.

He noted that the industry’s quest for cohesion and professionalism for effective service delivery to members of the public could only be achieved if insurance brokers, who are members of the NCRIB, accelerate their collaboration with underwriters under the NIA.

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“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 professional divides in the industry,” he said.

Read Also: ‘Presidential candidates violated electoral law at NBA Conference’ 

He stressed the need for the insurance industry operators to always see themselves as cooperators rather than competitors to project an acceptable front before the insuring public.

Earlier, outgoing Chairman of NIA, Ganiu Musa, pledged the association’s readiness to cooperate with the NCRIB to strengthen the Joint Technical Committee, noting that no effort should be spared in exchanging information with a view to making the industry more vibrant to boost its contribution to the national economy.

Tags: insurance industryNCRIB
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