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| Kari |
Chuks Udo Okonta
The Commissioner for Insurance and Chief Executive
Officer, National Insurance Commission (NAICOM) has enjoined insurance
operators to see each other as colleagues and not enemies so
that they can move the industry to lofty heights.
Kari, who said this
in Lagos, also called on the operators to step up their games and learn to respect
one another and play by the rules.
“If the industry must make progress, operators must
see each other as colleagues and not enemies. We must step up our game and
learn to respect each other and play by the rules,” he said.
He urged the
operators to embrace the prevailing change, stressing that the industry certainly
cannot be left behind in the scheme of things.
“As we are
aware, this is the era of change. The insurance industry certainly cannot be
left behind in the scheme of things. I therefore urge the CIIN to uphold and
encourage its members to adhere strictly to the observance of the industry’s
codes of conduct and ethics for a healthy practice of the insurance profession,”
he added.
He maintained that NAICOM as a regulator is committed to high standard
of professionalism and ethical behaviour in the industry so as to regain the
confidence of policyholders and increase insurance contribution to the GDP.
He posited
that if the operators must win the public apathy to the business of insurance they
must desist from unwholesome practices in the discharge of their responsibilities
to the insured by playing as true professionals.
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