NAICOM unveils four operational guidelines

The National Insurance Commission has introduced four different forms of operation guidelines in the insurance sector. They are the Web Aggregators Operational guidelines; State Government’s Implementation of Compulsory Insurance (or State Financial Advisers) guidelines; Independent Agents Operational guidelines; and the Mutual Organisations, Associations, Community Based, Micro guidelines. The Commissioner for Insurance, Alhaji Mohammed Kari, said […]

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NAICOM to sack CEO of companies over unpaid claims

The National Insurance Commission (NAICOM) says it is working on applying statutory deposits of insurance firms to defray unpaid claims and that it will sack the chief executive of any company whose deposit is applied. Commissioner for Insurance, Mohammed Kari, who disclosed this at the Chartered Insurance Institute of Nigeria (CIIN) 2017 Professional Forum, noted […]

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