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NAICOM: MDA’s To Set Up Insurance Desks

KARI

In a bid to ensure strict compliance with the provisions of extant laws in all their insurance activities, the Commissioner for Insurance, Mohammed Kari,  has called on various Ministries, Departments and Agencies of to set up insurance desks or units in their various offices.

According to statement by Head, Corporate Affairs ‘Rasaaq ‘Salami, said Kari disclosed this at a meeting with the CG of  in . He urged MDAs to ensure the insurance desks or units are manned by qualified insurance professionals to handle the insurances of their assets.

He stressed that advising the and all its agencies on insurance matters is one of the key functions of the Commission and was prepared to offer this service to ensure adequate insurance and protection of all assets. The CFI informed the CG of that the Commission is the adviser to government on all insurance related matters by virtue of the provision of Section 7(F) of the Act 1997.

He further advised the Custom Service to explore this window of opportunity by ensuring that the NCS comply with the provisions of the law in all its insurance activities. He pledged the full support of NAICOM to NCS in the insurances of its assets and liabilities. He also stressed the need to link the NCS database with the insurance industry database for authentication and identification of genuine insurance policies especially marine and air freight insurances.

Responding the CGC stated that preparedness of the service to collaborate with NAICOM in all insurance activities of the Custom Service, noting that setting up of a joint committee between the two agencies to evolve a working relationship between them.  The two agencies however pledged to collaborate and work together to ensure the process of insuring the assets of the NCS is seamless, efficient and adequate.

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