The commitment was made during the committee’s monthly professional gathering in Abuja, where insurance brokers, executives and industry stakeholders reviewed market performance, shared best practices and discussed strategies to improve service delivery and expand insurance adoption nationwide.
Speaking during the meeting, Ojo Babajide Richard, Chairman of the NCRIB Abuja Area Committee, described the meeting as a platform for professionals to assess the industry, exchange experiences and strengthen their capacity to better serve customers.
“Every month, professional insurance brokers come together to assess the market, share experiences and see how best we can continue to improve our services to our customers, while also contributing to national economic development,” he said.
Richard acknowledged that insurance penetration in Nigeria remains below one per cent but expressed confidence that ongoing initiatives by the council would improve awareness and access to insurance products across the country.
“Insurance penetration in Nigeria is still way less than
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