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The Chairman-elect of the Nigerian Insurers Association (NIA), Mrs. Ebelechukwu Nwachukwu, has begun consultations with key industry stakeholders as part of efforts to strengthen collaboration, drive reforms and reposition Nigeria’s insurance sector for sustainable growth.
Nwachukwu, who is also the Managing Director of Rex Insurance Limited, held a series of pre-investiture meetings with the Chartered Insurance Institute of Nigeria (CIIN), the Nigerian Council of Registered Insurance Brokers (NCRIB), the Association of Registered Insurance Agents of Nigeria (ARIAN) and the Young Insurance Professionals (YIP).
The consultations form part of her vision of a “Unified Insurance Industry,” which seeks to foster stronger partnerships among operators to deepen insurance penetration and support Nigeria’s economic development.
Accompanied by the NIA Director-General, Mrs. Bola Odukale, Nwachukwu paid a courtesy visit to the NCRIB, where she was received by the Council’s President, Mrs. Ekeoma Ezeibe, and Executive Secretary, Mr. Tope Adaramola. Discussions centred on strengthening collaboration between underwriters and insurance brokers to expand the industry’s reach.
Ezeibe described the outreach as a welcome initiative, reaffirming the Council’s commitment to professionalism, stakeholder engagement and collective industry growth.
At the CIIN, discussions focused on capacity building, leadership development and the promotion of ethical standards. While the Institute’s leadership called for greater support for training and professional development, Nwachukwu stressed the need to move beyond certification-driven learning towards producing well-rounded insurance professionals.
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During her meeting with ARIAN, led by its National President, Mr. Olatubosun Mayowa, insurance agents highlighted concerns over compensation, retirement benefits and greater recognition within the industry.
Responding, Nwachukwu pledged to promote a more inclusive environment for agents. ARIAN, in turn, reaffirmed its commitment to enforcing professional standards, ensuring compliance and discouraging unethical practices, including agents representing multiple insurance companies. Recognising the importance of developing future industry leaders, the Chairman-elect also met with members of the Young Insurance Professionals. Discussions centred on mentorship, career development, technology adoption and talent retention.
She described youth development as a key pillar of her proposed two-year tenure, stressing that sustained investment in people is essential to building a resilient insurance industry.
Speaking after the engagements, Nwachukwu said the strong commitment shown by stakeholders was encouraging.
“The level of alignment and willingness to collaborate across the sector is truly encouraging. As we prepare to assume leadership at the NIA, my focus remains on driving innovation, enhancing capacity, and ensuring that every stakeholder from underwriters to brokers, agents and young professionals have a seat at the table. Our collective success depends on our ability to work together to grow the industry,” she said.
The NIA said the consultations reaffirm its commitment to sustained stakeholder engagement, regulatory compliance and reforms aimed at boosting insurance penetration and increasing the sector’s contribution to Nigeria’s economic growth.
