NAICOM reaffirms commitment to insurance, micro insurance growth

July 29, 2026 By Joshua Nse

Commissioner for Insurance Reaffirms Support for Insurance Sector Growth as Noor Takaful Nears 10th Anniversary

The National Insurance Commission (NAICOM) has restated its commitment to nurturing the growth of Takaful and microinsurance in Nigeria, positioning them as vital tools for financial inclusion.

L-R: Dr. Usman Jankara Jimada,Deputy Commissioner Technical, National Insurance Commission (NAICOM); Amb. Shuaibu Ahmed, Chairman, Noor Takaful Insurance Company Limited; Mr. Olusegun Ayo Omosehin, Commissioner For Insurance, (NAICOM); and Mr. Ekerete Ola Gam-Ikon, Deputy Commissioner Finance and Administration (NAICOM).

During a courtesy visit by the Board and Management of Noor Takaful led by the Chairman of the Company, Amb. Shuaibu Ahmad, the Commissioner for Insurance, Mr. Olusegun Ayo Omosehin commended the company’s progress and urged greater ambition in expanding market reach, driving product innovation, and raising public awareness.

As Noor Takaful approaches its 10th anniversary, the Commissioner for Insurance encouraged the leadership to accelerate outreach and customer education, highlighting Takaful’s role in broadening access to protection for underserved communities.

Both institutions expressed optimism about strengthening collaboration to promote trust, innovation, and inclusive insurance for all Nigerians.