Mr. Shola Tinubu, the president, the Nigerian Council of Registered Insurance Brokers (NCRIB), says a 10 years Strategy plan by the council will help boost the industry.

He was speaking at the 2018 first quarter Press Conference held at NCRIB Secretariat in Lagos, when he said he was certainly convinced beyond any doubt that the industry possesses greater opportunity for growth.

Tinubu explained that Nigeria’s Insurance “contribution to the National GDP can still be better. The industry has potential for employment generation as well as protection of individual and national wealth. The responsibility to grow the industry for the betterment of our future generation lies with us,”.

“I am glad to inform you that significant progress is now being made in the areas of strong institution building for the Council. This policy direction has now positioned the Executive Secretary as the Executive Head of Secretariat and the face of the Council before the general public and strategic stakeholders.

“All other office holders, including myself are now “visitors” who come to the Secretariat when the need arises. The Executive Secretary and his team have continued to measure up to expectations in terms of speed of delivery and efficiency. The result of this is that the Council is now getting more respect in the comity of professions that does it right.”

The NCRIB president said the Secretariat Management, led by the Executive Secretary recently paid visits to the Lagos Chambers of Commerce and Industry (LCCI), as well as the Nigerian- German Chamber of Commerce in order to explore areas of mutual relationships between the institutions for the benefit of members.

He revealed that “In the last three months, we have visited the Commission twice. It will interest you that some Past President of the Council volunteered to be in attendance to ensure a very smooth relationship with the leadership of the Commission. The meetings were remarkably successful as the Commission gave assurance of support to the Council.

“The promise of the Commission has started manifesting in their subsequent dealings with the Council as the Commissioner and a team of top management of NAICOM have found time to attend some of our events to shed light on torchy regulatory issues to the delight of members.”