NSIA Insurance Limited has once again shown its commitment to industry growth by sponsoring the 2025 Mid-Year Workshop of the Nigerian Council of Registered Insurance Brokers (NCRIB), Lagos Area Committee. The workshop, which took place at the NCRIB Conference Hall in Yaba, Lagos, focused on the evolving landscape of corporate reporting in Nigeria’s insurance broking sector.
Themed “Navigating the Changing Corporate Reporting Landscape – Insurance Brokers’ Perspective”, the event drew notable stakeholders and experts. Among those present were the President of NCRIB, Mr. Babatunde Oguntade; Chairman of the Lagos Area Committee, Mr. Oluwafemi Oduwole; and guest speaker Dr. Iheanyi Anyahara, a former director with the Financial Reporting Council of Nigeria.
According to a statement released by NSIA Insurance on Wednesday, the company’s support for the event aligns with its long-standing belief in strategic partnerships aimed at enhancing regulatory compliance, knowledge sharing, and capacity development within the insurance industry.
Managing Director and Chief Executive Officer of NSIA Insurance, Mr. Moruf Apampa, while addressing participants at the event, stressed the need for continuous dialogue around corporate governance, financial transparency, and evolving reporting practices.
“This workshop is a perfect example of the type of forward-looking engagement we need,” Mr. Apampa said. “It fosters important dialogue around corporate governance and sustainable reporting practices. I applaud the NCRIB for curating this platform and for continuing to lead from the front.”
The event served as a key platform for insurance brokers to exchange ideas on how to keep up with global trends in financial disclosure, risk reporting, and ethics. Stakeholders discussed the responsibilities of brokers in maintaining financial transparency, building investor confidence, and complying with industry-specific regulatory frameworks.
In recognition of its steadfast support, NSIA Insurance was presented with an award of appreciation. The award was handed over by the leadership of NCRIB to honour the insurer’s consistent efforts towards the advancement of the broking profession in Nigeria.
According to the NCRIB leadership, the award is a testimony to NSIA Insurance’s dedication to promoting professionalism, transparency, innovation, and industry development. “Their continuous support has made a lasting impact in the Nigerian insurance space, and we consider NSIA a trusted partner in our journey to reposition the broking arm of the industry,” said Mr. Oluwafemi Oduwole.
The workshop also featured panel discussions and breakout sessions where participants shared insights into digital transformation, sustainable reporting, risk communication, and the ethical responsibilities of brokers in a fast-changing financial environment.
Dr. Anyahara, while delivering his keynote address, emphasized the need for insurance brokers to adopt integrated reporting frameworks that align with global standards and also improve accountability in the sector. He also called for increased awareness on the part of practitioners about changes in national and international reporting regulations.
Other industry experts at the event encouraged insurance companies and brokers to invest in staff training, adopt modern reporting technologies, and stay proactive about changes in financial regulations to maintain competitiveness and relevance.
As Nigeria’s insurance market continues to evolve, such workshops have become essential platforms for dialogue, learning, and collaboration. The NCRIB Mid-Year Workshop remains one of the most important industry events for brokers, offering a chance to align with best practices and reinforce ethical conduct across the profession.
NSIA Insurance has consistently supported similar industry-focused events in recent years and continues to play a leading role in strengthening stakeholder relationships and improving the public image of the insurance sector in Nigeria.
