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By Henry Uche, [email protected]
The National Insurance Commission (NAICOM) and the National Pension Commission (PenCom) and the Nigerian Insurers Association (NIA) are set to discuss issues affecting insurance and other operators in the financial sector, in Lagos.
The session organised by National Association of Insurance and Pension Correspondents (NAIPCO) will witness the presence of Pension Fund Operators Association of Nigeria (PenOp); Lagos State Pension Commission (LASPEC); Chartered Insurance Institute of Nigeria (CIIN); Nigerian Council for Registered Insurance Brokers (NCRIB); Professional Insurance Ladies Association (PILA).
Others are Institute of Loss Adjusters of Nigeria (ILAN); Association for Registered Insurance Agents of Nigeria (ARIAN); College of Insurance and Financial Management (CIFM) and Small and Medium Enterprise Development Association of Nigeria (SMEDAN); Nigeria Union of Pensioners; Trade Union Congress; People Living with Disabilities, among others.
The gathering is to discuss how insurance and pension fund operators can bring the small and medium scale operators into micro insurance and pension businesses.
The conference which is the seventh edition has the theme: “On-boarding Small and Medium Scale Enterprises into Micro Insurance and Pension Space in Nigeria.”
The Commissioner for Insurance, Mr. Sunday Thomas and Director General, National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar, are special guests. Cyril Ajagu, a business mogul would be the Chairman of the occasion, while the Director General, Lagos Chamber of Commerce and Industry (LCCI), Dr. Mrs. Chinyere Almona, will be the keynote speaker.
The event will also feature the unveiling of NAIPCO New Name and Logo to stakeholders in both sectors of the economy.
In a comment, the chairperson of NAIPCO, Mrs Nkechi Naeche-Esezobor, affirmed that the theme of the conference was apt, since SMEs sector is the driver and engine of growth of the Nigerian economy with the highest employer of labour, it needs every support to enable it continue to contribute more to the economy.
“Incidentally, the larger population of operators and employees in this space are left unattended to, with a lot of them not benefiting at all from the nation’s financial inclusion project. This underscores the importance of micro insurance and micro pensions players should see it as a growth asset,” Nkechi added.
Also speaking, Chairperson, 2022 NAIPCO Conference Planning Committee, Mrs. Iyabo Ogunjuyigbe, disclosed that the conference promises to surpass expectations as consumer groups will also be present to voice their concerns about insurance and pension services.
“The conference would be a crucial point for insurance, pension operators and the public to gain useful information on how the two concepts can better their lives and enhance financial inclusion,” she affirmed.
