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Chuks Udo Okonta
The National Insurance Commission (NAICOM) and Nigeria Social Insurance Trust Fund (NSITF) have agreed to set up a joint committee to drive collaboration, harness the contribution of insurance generally to national output and also boost growth potentials of the insurance sector in Nigeria.
This was reached when the Commissioner for Insurance/CEO NAICOM Olusegun Omosehin paid a courtesy visit to the MD/CE Nigeria Social Insurance Trust Fund Oluwaseun Faleye, at the NSITF Headquarters in Abuja on Wed 28th August, 2024.
The purpose of the visit was to discuss areas of collaboration between the Commission and the NSITF to deepen insurance penetration, harnessing the benefits of both conventional and social insurance, data sharing and analytics, capacity building and training, creating awareness and advocacy, driving compliance with Insurance requirements and many more.
