The chairperson of the Authorized Committee for the Nigerian Insurers Affiliation, Onosen Divine Alegbe, has reiterated that the insurance coverage business is immensely regulated, and the necessary function of attorneys within the sector in synergising with the priorities of the Fee.
She acknowledged this when the affiliation held her annual retreat with the theme “The Regulator, The Regulated and The Regulation.”
Alegbe acknowledged that the retreat supplied a priceless alternative for attorneys within the insurance coverage business to mirror on how you can discover proactive methods in enhancing the regulatory and governance framework.
She stated the roles of attorneys in synergising with the priorities of the Fee contains safeguarding policyholders and restoring public confidence within the sector, strengthening supervisory and regulatory capabilities, bettering the security and soundness of the insurance coverage business, fostering innovation and sustainability, and rising accessibility and penetration of insurance coverage merchandise throughout the nation.
The occasion was sponsored by FIN Insurance coverage Firm Restricted, Cornerstone Insurance coverage Plc, Continental Reinsurance, Linkage Assurance Plc, SUNU Assurances and AXA Mansard.
The chairperson expressed profound gratitude to all sponsors of the occasion and the Commissioner for Insurance coverage for his or her illustration, which in her view clearly promotes synergy between The Regulator and The Regulated.
