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Chuks Udo Okonta
The national Insurance Commission (NAICOM) has put in place a training program for directors of insurance firms that would enable them understand their roles.
According to the Commissioner for Insurance, Mohammed Kari, the training would bring the directors to speed in understanding their responsibilities in the running of their companies.
“I can confirmed that arrangements have gone far in the organization of mandatory Directors training to supplement the efforts. The Commission’s arrangement would come with a choice of alternative date to ensure no one has any excuse to skip the training. While it is not the intention to turn Directors into Insurance professionals, we believe the companies would be the better if the Directors, both Executives and Non-Executives collectively understand their responsibility in the running of their companies,” Kari said.
He called also called for continuing support and cooperation from insurance operators and stakeholders to enable him pilot the affairs of the industry effectively.
“Current developments in the country obviously call for our collaborative effort to reposition the profession and the industry. We should not be unmindful of the perception of the insurance profession by the public,” he said.
