IICC moves to sustain enforcement of compulsory insurances policy- uptake
Determined to regain Nigerians’ confidence in insurance policy uptake, Insurance Industry Consultative Council (IICC) has continued to drum the need for enforcement of the various compulsory insurances in Nigeria.
NCRIB urges government to cancel licence renewal charges
The National Council of Registered Insurance Brokers (NCRIB), has called on the Federal Government to stop its agencies from collecting fees for licence renewal from its members. President of NCRIB, Mrs Bola Onigbogi, made the plea in Abuja, during her investiture as the 20th President of the Council. Onigbogi said such charges is unfriendly, and not…
Industry operators support recapitalisation to boost economy
Stakeholders in the nation’s insurance industry have expressed support for the ongoing recapitalisation exercise, saying it would boost the sector’s contributions to the economy.
Experts task brokers to embrace technology tools for growths
The Nigerian Council of Registered Insurance Brokers (NCRIB) has been urged to deploy technology drive penetration in the Nigerian insurance market. This was disclosed at the 2019 Mid-Year Workshop of the Lagos Area Committee of brokers and other stakeholders in the industry in conjunction with global tech giants, Microsoft Nigeria in Lagos.
NAICOM plans review of SIP to drive insurance adoption in states
There are indications that the National Insurance Commission (NAICOM) would review the cancelled State Insurance Policy (SIP) policy in a bid to enhance insurance...
NCRIB warns members on business deals with weak insurers
The Nigerian Council of Registered Insurance Brokers (NCRIB) has called on its members to be wary of where they place their business to ensure the protection of image of brokers in the entire insurance industry. NCRIB President, Shola Tinubu, who gave the warning at the monthly Members’ Evening in Lagos, stressed that news have been…
NCRIB tasks FG on fresh ideas to run nation’s economy
The Nigerian Council of Registered Insurance Brokers ( NCRIB) has called on federal government to initiate new ideas to run a prosperous economy and sustain policies that are already initiated for growth.The President, NCRIB, Shola Tinubu...
Why FG may not meet N1 trillion insurance premium target
There are indications that the insurance industry may not meet the N1trillion premium income target set for year 2020, following the refusal by many states...