Naicom, PenCom, NIA, PenOps, others for NAIPCO confab Nov 3.

By Favour Nnabugwu



The National Insurance Commission  (NAICOM) and the National Pension Commission ( PenCom) and other stakeholders in the insurance and pension sectors have endorsed the upcoming 2022 annual conference of National Association of Insurance and Pension Correspondents (NAIPCO) coming up on November 3, 2022

The two agencies will lead other professionals to the conference to discuss burning issues in the insurance and pension sectors.

The event which is bid to hold at Oriental Hotel, Lekki, Lagos will also be graced by experts and stakeholders from the insurance and pension sectors as well as the financial services sector such as Lagos State Pension Commission, LASPEC and Small and Medium Scale Enterprises of Nigeria, SMEDAN and others.

Others include the Nigerian Insurers Association, NIA; the Chartered Insurance Institute of Nigeria, CIIN; the Nigeria Council of Registered Insurance Brokers, NCRIB; Professional Ladies Association of Nigeria, PILA; Institute of Loss Adjusted of Nigeria, ILAN; Pension Fund Operators Associations of Nigeria, PenOps; Association of Registered Insurance Agents of Nigeria, ARIAN and College of Insurance and Finance Management, CIFM

The Conference which is the seventh edition in the series, has the theme: “On-boarding Small and Medium Scale Enterprises into Micro Insurance and Pension Space in Nigeria.”

The keynote Speaker is the Director General, Lagos Chamber of Commerce and Industry, (LCCI), Dr. Mrs. Chinyere Almona, while Eng. Cyril Ajagu, a major investor in the financial services industry as well as oil and gas will chair the epoch event.

The Commissioner for Insurance/CEO, National Insurance Commission (NAICOM), Mr. Sunday Thomas, and Director-General, National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar, will be Special Guests.

The Chairman, Nigerian Insurers Association (NIA), Mr. Segun Omosehin; Chairman, Pension Fund Operators Association of Nigeria (PenOp),  Olumide Oyetan; among others; have confirmed their presence at the event.

Others expected are: Nigeria Union of Pensioners; Trade Union Congress; People Living with Disabilities; Barbers, Hairdressers, Market Men and Women, Vulcanizers, etc.

The event will also feature the unveiling of NAIPCO New Name and Logo to stakeholders in both sectors of the economy.

Speaking on the conference, Chairperson of NAIPCO, Mrs Nkechi Naeche-Esezobor noted that the theme of the conference is apt as the SMEs sector has been the main driver and engine of growth of the Nigerian economy, and being the sector with the highest employers of labour needs all the support to enable it continue to contribute significantly to the economy.

Incidentally, the larger population of operators and employees in this space are left unattended to, with a lot of them not benefiting at all from the nation’s financial inclusion project, and this therefore underscores why the micro-insurance and micro-pensions players should see this group as a growth asset.