THE newly elected President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Mrs. Ekeoma Ezeibe, has unveiled ‘One Insurance Industry’ as the central thrust of her administration, aimed at fostering unity, deepening market penetration, and repositioning the insurance sector for greater national impact.
Mrs. Ezeibe announced this strategic agenda during a press conference in Lagos, outlining five key pillars that would guide her tenure: deepening insurance penetration, completion of the Olola Olabode Ogunlana House, enhancing collaboration with the National Insurance Commission (NAICOM), capacity building and mentorship for brokers, and strategic partnerships with key stakeholders.
She explained that the ‘One Insurance Industry’ initiative seeks to unify the various segments of the insurance ecosystem – brokers, underwriters, loss adjusters, policyholders, and regulators – to ensure shared growth and consumer trust.
‘When we talk about one insurance industry, we acknowledge that brokers have a crucial role in connecting with consumers. It is our responsibility to reach out, educate, and bring insurance closer to the people. We must take advantage of the Nigerian Insurance Industry Reform Act (NIIRA) 2025 to drive this vision,’ she stated.
Highlighting her plans to deepen insurance penetration, Mrs. Ezeibe announced that Abia State would serve as a pilot scheme for grassroots insurance awareness and inclusion.
Her administration plans to partner with the state government to extend insurance services to the uninsured and uninformed population.
After the Abia pilot, she said the initiative would move to the northern part of the country, where insurance penetration remains relatively low, adopting a state-by-state strategy to ensure sustainable market expansion.
Mrs. Ezeibe emphasized that her administration would build on the achievements of her predecessors, sustaining the NCRIB’s longstanding collaboration with NAICOM and other industry stakeholders.
She also pledged to empower brokers of all sizes through training, mentorship, and capacity development to strengthen their role as key drivers of economic growth.
‘We will continue to nurture a cordial and robust relationship with NAICOM and other arms of the industry. Our goal is to empower brokers, big and small, to expand their businesses and contribute more meaningfully to the national economy,’ she said.
In addition to institutional reforms, the NCRIB President announced plans to expand the Council’s Corporate Social Responsibility (CSR) initiatives, stressing that a society that feels the positive impact of insurance will be more receptive to its services.
She called on all industry stakeholders to collaborate with her administration in realizing the shared vision of a stronger and more inclusive insurance sector.
‘The insurance industry can only thrive when all players work together with a common purpose. Our economy will benefit immensely from a vibrant and trusted insurance market,’ Ezeibe added.