Insurers Committee to Hold Maiden Retreat

Insurers Committee, a gathering of insurance Chief executives and the National Insurance Commission (NAICOM) will hold its maiden Annual Retreat aimed at charting a progressive way forward for the Nigerian Insurance Industry.

 The  Committee, under the leadership of NAICOM will use the opportunity of the retreat to rub minds together on critical issues that will advance the industry and enable its take its position as the risk bearer of the national economy.

Scheduled to hold at the Park Inn by Radisson Hotel Abeokuta, Ogun state, from  Thursday February 16th to Sat,19th,2017, the retreat has the theme “Growing the Insurance Industry through Innovation and Healthy Competition”.

A statement by NAICOM, said Senator Ibikunle Amosun, the Executive Governor of Ogun State will deliver the keynote address at the retreat.While the Minister of Finance, Mrs. Kemi Adeosun will be the Chief Host.

According to the statement,speakers at the event include Mrs. Bisi Lamikanra of KPMG; Chidima Lawanson, CEO of EFInA; Rotimi Okpaise, Managing Consultant, HR Nig. Ltd and Dr. Phil Osagie of JSP Communication.

The statement also said the Nigeria Insurers Association (NIA) is expected to deliver a paper from the perspective of the underwriting firms on “Developing the Nigerian Insurance Industry 2017 – 2020; Issues, Concerns and Recommended Agenda”.

The “NAICOM’s Regulatory Agenda 2017 – 2020; Issues, Concerns and Strategic Intent” will also be shared by the Commission at the retreat.

NAICOM, also said  the retreat will provide amongst others,     An avenue to review the activities of the committee for the period 2016 and plan for the year 2017.It will also provide  avenue to discuss ways to reposition the Insurance industry for significant contribution to the Nigeria Economy as well as provide opportunity   to discuss extensively on issues affecting the industry such as Risk Based Supervision, Compulsory Insurance, Bancassurance, Annuity and New Channel for Insurance Distribution among others.

The commission, said two day event, would be rounded off with the first meeting of the Insurers Committee for 2017 to deliberate on the outcome of the retreat.