The Nigerian Insurers Association, NIA, has predicted a boom in Africa’s insurance sector, given new deals and exposure which the West African Insurance Companies Association (WAICA), holding in Lagos, will create among industry operators.
In his goodwill message at the opening of the conference on Monday, Olusegun Omosehin, Chairman of the Association, said that it is a significant
occasion for not only for the industry but for the region, as it provides a vital platform for stakeholders to come together, share experiences, and chart a course for the future.
He said that as the Chairman of the Association, he is proud to see Nigeria taking the lead in organizing this important event, WAICA@50.
“Our commitment to excellence, innovation, and professionalism is reflected in the way we have prepared for this conference, and I am confident that it will be a resounding success.” he added.
Omosehin, while speaking further, said the theme of the conference, “Re-Positioning the Insurance Industry in West Africa for Competitiveness” is both timely and relevant as it underscores the need for everyone to embrace and drive growth and innovation of the insurance sector in the Region.
He said, “I have no doubt that the discussions and insights that will be shared during this conference will help to shape the future of insurance in West Africa and beyond.
“I want to extend my gratitude to the Local organizing Committee, sponsors, CEOs of Insurance companies and other stakeholders who have made this conference possible. Specifically, I would like to thank the Commissioner for Insurance & the National Insurance Commission – NAICOM for sponsoring the Pre-Conference Cocktail. Your support and collaboration have been critical to our success, and I look forward to continuing our partnership in the years ahead.”