Insurance

NAICOM to take campaign on Insurance desks to LGAs

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Chuks Udo Okonta

There are indications that the National Insurance Commission (NAICOM) would take the campaign on establishments of insurance desks and units to the local government areas in the country.
Inspen gathered that such moves would be taken in line with the decision to have the desks and units put in place at the Ministries, Departments and Agencies of governments.
The Commissioner for Insurance and Chief Executive of the National Insurance Commission (NAICOM), Mohammed Kari had at a meeting with the Comptroller General of Customs, Col. Hameed Ali (rtd) advised Ministries, Departments and Agencies of government to set up insurance desks or units in their various offices and ensure compliance with the provisions of extant laws in all their insurance activities.
He urged MDAs to ensure the insurance desks or units are manned by qualified insurance professionals to handle the insurances of their assets.
He stressed that advising the government and all its agencies on insurance matters is one of the key functions of the Commission and was prepared to offer this service to ensure adequate insurance and protection of all government assets.
The CFI informed the CG of Customs that the Commission is the adviser to government on all insurance related matters by virtue of the provision of Section 7(F) of the NAICOM Act 1997.

 

The Commissioner thus advised the Custom Service to explore this window of opportunity by ensuring that the NCS comply with the provisions of the law in all its insurance activities. He pledged the full support of NAICOM to NCS in the insurances of its assets and liabilities.
He also harped on the need to link the NCS database with the insurance industry database for authentication and identification of genuine insurance policies especially marine and air freight insurances.
The CGC in his response expressed the preparedness of the service to collaborate with NAICOM in all insurance activities of the Custom Service. He suggested the setting up of a joint committee between the two agencies to evolve a working relationship between them.
The two Agencies have now pledged to collaborate and work together to ensure the process of insuring the assets of the NCS is seamless, efficient and adequate.

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