The National Insurance Commission, after dithering for six years has put its hand on the gears of its portal craft and pushed it forward for full speed take off with all engines horse power engaged for lift off to the the cloud where it will remain bidding gravity grip good bye.
The Commissioner for Insurance, Mr. Sunday O. Thomas, disclosed the lift off from the solid rock boosters that has been under construction until it met all standards required for Information Technology infrastructure that a regulator should have to attain the level it is aiming at.
Thomas announced at a seminar for insurance journalist the Commission hosted at Ibom Hotel & Golf Resort, Uyo, Akwa Ibom State, that the portal is gradually taking over processes in the market.
NAICOM helmsman said this was a demonstration of the new direction the Commission would go which it has earned through the cooperation of the management and staff.
He said the portal which is running uninterrupted would be exposed to the professional groups in the in the industry: insurers/reinsurers, brokers and loss adjusters in the different geo-political zones.
He explained that the Commission has taken the industry to the level where the digital world could stream through the portal. “Part of what we have done so far is the fact that…it has taken us from where we are to the next level.”
Thomas disclosed that as part of the exposure of the portal to the market, the technical department of the operators in the market have been going through series of trainings.
“The next thing we are going to do is to engage the industry with IT guidelines. It is no longer going to be historical reporting,” he stated.
Speaking on the Commission’s determination to overcome challenges, he said they are ready to put government, operators and stakeholders in the picture of their activities.
“The terrain is tough, but we are determined to succeed. Nigeria is not by accident the largest economy in Africa. We must take advantage of the population. There are a lot of things to fast track the process. The digital world will drive regulation,” he stated.
As part of the determination to succeed, he said the Commission has reawakened the enforcement of the compulsory insurances by rolling it out with a visit to the Governor of Ekiti State, Dr. Kayode Fayemi, who is also the Chairman of Governors Forum, to help sensitise other state Governors to sign in to drive insurance awareness and purchase in their respective states.