AIICO Insurance Focuses on Sustainable Institutions, Sponsors Brokers CEOs Retreat

AIICO Insurance is focusing on supporting sustainable Institutions, such as the insurance brokers while it came.out as the lead sponsor for the 2024 Nigerian Council of Registered Insurance Brokers (NCRIB) CEOs’ Retreat held in Uyo, Akwa Ibom State.

This sponsorship exemplifies AIICO’s focus on fostering professional development and service excellence within the insurance brokerage sector.

The chief executive officers of registered insurance broking firms converged in Uyo recently to review the state of their sub sector and brainstorm on the way forward. The retreat had as its theme: “Building Institutions that Survive Their Promoters”.

The Akwa Ibom state governor, Umo Bassey Eno, who was the special guest of honour, was represented by the state’s Commissioner for Economic Development, Mr. Bob Emem.
The commissioner for Insurance was represented at the event by the deputy commissioner, Finance and Admin, Ekerete Gam-Ikon.

In his speech, he emphasised on the concept and importance of building enduring institutions. He further assured all stakeholders of the National Insurance Commission (NAICOM’s) commitment to creating lasting legacies, built on robust governance, innovation and dedication to ethical practices.

The Akwa Ibom state commissioner stressed the need for collaborative efforts between the insurance industry and the public sector to harness the inherent potentials for value creation. He promised to make recommendations to the state government on possible areas of cooperation between the state and the industry.

In his welcome address, AIICO Insurance Plc executive director, Adewale Kadri, commended the insurance brokers for their professionalism, expressing appreciation for the remarkable partnership with these key industry players which continues to yield positive results.

The three-day retreat also provided a relaxed social atmosphere for the CEOs to relate informally and take part in games and sporting activities away from the everyday official itinerary and functions.

The NCRIB is the umbrella body of registered and approved operators in the insurance brokerage business who are universally recognized as insurance intermediaries.