Insurance

NCRIB mourns former Commissioner for Insurance Eugene Okwor

Late Chief. Eugene Okwor

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The Nigerian Council of Registered Insurance Brokers has described the death of a former Commissioner for Insurance and an astute insurance practitioner, Chief Eugene Okwor, as a colossal loss to the entire insurance industry considering his pivotal contributions to the growth of insurance in Nigeria.

In a condolence letter signed by the President and Chairman Governing Board of the Council, Prince Babatunde Oguntade, to commiserate with the family of the deceased, the Council noted that Chief Okwor, made valuable contributions to the industry during his regime as the Commissioner for Insurance.According to the Council,

Chief Okwor, who was until his death, Chairman, Firstlink Insurance Brokers Limited, was able to put a human face to his regulatory duties as he facilitated the licensing of many Insurance Broking firms during his regime.

Prince Oguntade noted in the letter that the departure of Chief Okwor would definitely create a big void in the Council as well as the entire industry, considering his valuable contributions to the development of insurance market in Nigeria, of which, the NCRIB was a critical player.

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