Abia State Governor Alex Otti, has commended the Nigerian Council of Registered Insurance Brokers for its efforts to increase public awareness and deepen insurance penetration across Nigeria.
Otti made the commendation while receiving a delegation from the Nigerian insurance industry led by the President of the Nigerian Council of Registered Insurance Brokers, Mrs Ekeoma Ezeibe, in his office on Monday.
The governor acknowledged the critical role of insurance in protecting individuals, businesses, and investments from unforeseen risks and praised the industry’s decision to engage directly with the public.
He noted that effective regulation requires close interaction with the people the regulations are meant for and expressed confidence that such engagement would strengthen trust in the insurance sector.
Otti stated that many Abians are involved in trade, manufacturing, and other micro, small and medium-scale enterprises, making insurance an important safety net for businesses and individuals facing unexpected challenges.
He welcomed the
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