NAICOM The National Insurance Commission (NAICOM) and the Lagos Chamber of Commerce (LCCI) have stressed the need to increase insurance penetration. This was the submission of stakeholders at the yearly insurance forum held virtually and attended by stakeholders across the financial sector. It was organised by the LCCI to find solutions to challenges affecting the growth of the insurance industry. At the event, the Commissioner for Insurance, Sunday Thomas, said NAICOM has put in place measures to increase insurance penetration and prepare the industry for the future. He said: “They are not essential things that are limited to the present practice; we are looking beyond now. That is why we are looking at guideline restructuring, technology and devices and governance issues.
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Published 10 May 2021
The National Insurance Commission and the Lagos Chamber of Commerce and Industry have said there is a need for investments that will increase insurance penetration and prepare the industry for the future.
The regulator and stakeholders in the sector spoke during the annual insurance stakeholders’ forum, with the theme, ‘Insurance industry – Breaking new frontiers’, which was organised by the LCCI to discuss issues bordering on the growth of the Nigerian insurance industry.
At the event, which held virtually and was widely attended by stakeholders in the financial sector, the Commissioner for Insurance, Mr Sunday Thomas, said NAICOM was putting in measures in place to boost insurance penetration and prepare the industry for the future.
From Staff Reports
Two Republicans have announced bids to seek the nomination for Arkansas lieutenant governor.
The general election is set for Nov. 8, 2022. As of Feb. 10, 2021, no Democrats have announced a bid for lieutenant governor.
Lt. Gov. Tim Griffin, who is barred by term limits from seeking re-election in 2022, has announced he will run for attorney general.
The candidates:
Dr. Greg Bledsoe
Bledsoe, 47, was appointed by Gov. Asa Hutchinson as the state s surgeon general in 2015. He is a board-certified emergency medicine physician and has been an instructor and medical consultant for the United States Secret Service.
After completing medical school and residency at the University of Arkansas for Medical Sciences, Bledsoe spent five years on faculty in the Johns Hopkins Department of Emergency Medicine completing a two-year fellowship in International Emergency Medicine and a Masters in Public Health from the Johns Hopkins Bloomberg School of Public Health. In