THE Nigerian Council of Registered Insurance Brokers (NCRIB) said it has made conscious efforts to enhance the image of the industry by leveraging its thrust of office.
The President and Chairman of the Governing Board of the Nigerian Council of Registered Insurance Brokers (NCRIB), Prince Bàbàtunde Oguntade, stated this when he highlighted the achievements of the council since his emergence as the 22nd President of the Council 14 months ago.
Speaking at a media conference to review the activities of the council under his leadership in the last year, the NCRIB President enumerated what the council has done within the period under review to actualise his administration’s eight points agenda titled, “Breaking New Grounds, Sustaining Legacies”.
“It is worthy of note that since my emergence as the 22nd President and Chairman Governing Board of the Council, we have made conscious efforts to enhance the image of the Industry leveraging our Thrust of Office “Breaking New Grounds, Sustaining Legacies,” Prince Oguntade said.
He referred to his promise of deploying his experience and God’s given grace and strength to serve the Industry, sustain the legacies of its forerunners and open more vistas of business opportunities for members through strategic engagements.
According to him, NACRIB has represented the Council at places of importance and made strategic visits to people of influence as well as engaged with key stakeholders, including government officials, industry leaders, and other relevant parties.
He enumerated notable among those visited to include, the Minister of Finance and Coordinating Minister of Economy, Mr. Wale Edun; Minister of Budget and Economic Planning, Senator Abubakar Bagudu; Minister of Marine and Blue Economy, Alh. Gboyega Oyetola; Governor of Osun State, Senator Ademola Adeleke; Ooni of Ife, Oba Enitan Adewusi, Ojaja II, and Corps Marshal and Chief Executive, Federal Road Safety Commission (FRSC), Corps Marshal Mohammed Sheu.
Others are Managing Director/Chief Executive Officer, Nigeria Social Insurance Trust Fund (NSITF), Mr. Oluwaseun Faleye; Director General/Chief Executive Office, National Health Insurance Authority, (NHIA), Dr. Kelechi Ohiri; Group Chief Executive Officer, Nigeria National Petroleum Company Limited, Mr. Mele Kolo Kyari; Director General, National Film and Video Censor Board (NFVCB), Dr. Shaibu Husseini and the Commissioner for Insurance, Mr. Segun Omosehin.
He pointed out that the visits aimed at fostering relationships, promoting members’ interests, advocating the growth of the insurance sector; building bridges, addressing challenges, and exploring opportunities for collaboration.
He said, “We took this route in our bid to build relationships and network that would benefit our Members, irrespective of their status. Our Strategic visitations were expected to increase influence and credibility for the Nigerian Insurance Industry, especially, the Brokers; enhance business opportunities and growth; improve understanding and trust among stakeholders and stronger relationships and partnership”.
The NCRIB President said that by strategically visiting influential people, the Council can effectively represent the interests of the entire industry.
He said the Council’s collaborations with housing developers and government agencies to create affordable insurance products received a considerable boost through the Council participation in the 18th Africa International Housing Fair 2024, held in Abuja as well as the sixth and seventh NISH affordable housing seminar, and stressed, “It was a premier event for the housing and construction industry in Africa.”
The Council also visited the leadership of the Nigeria Film and Video Censor Board, a government agency responsible for regulating the film and video industry in Nigeria; the essence of the visit, according to him, “was to ensure that we create the necessary opportunity for our members in the creative industry leveraging the number of practitioners in that broader sector that encompasses music, art, design, and other creative fields.”
Prince Oguntade listed another milestone achievement recorded by the Council within this period to include the laying of foundation for the building of the five-floor NCRIB Annex christened, ‘OlolaOlabode Ogunlana House.’
He said, “On August 1st, 2024, our Council recorded a landmark achievement towards the construction of a magnificent annex building of the Council by laying of the foundation of a five-floor building, christened OlolaOlabode Ogunlana House, (NCRIB Annex). The new building project, which is progressing steadily, would serve as an additional beacon of excellence for our Council.
“The new building will feature additional parking facilities and modern office spaces that will be available for commercial purposes. We are confident that the building will enhance our operations as it will serve as additional income generation for our Council, and eventually, reduce the dependence of Council’s activities on Members’ subscriptions”.
