The Nigerian Council of Registered Insurance Brokers plans to expand coverage across the country by capitalizing on new legislation that mandates additional insurance products, according to the organization's incoming leader.
Ekeoma Ezeibe, who becomes the council's 23rd president, told reporters in Lagos that her administration will use regional committees to drive awareness campaigns beginning in Abia State. She selected that location because of economic activity centered in Aba, a manufacturing center experiencing infrastructure improvements under Governor Alex Otti. Ezeibe said awareness levels remain stronger in southwestern regions compared with commercial areas in the southeast despite significant business operations there. The Nigerian Insurance Industry Reform Act 2025 strengthens regulatory enforcement authority and requires coverage for more activities, creating opportunities for brokers to reach new clients. Manufacturing and export firms once dominated Aba's leather and fashion sectors before declining, but recent power generation projects and market renovations have created conditions favorable for growth.
Ezeome said success in Abia will provide a blueprint for expansion into other states and the Federal Capital Territory. She committed to working with insurance underwriters and claims adjusters to ensure prompt payment processing that builds consumer confidence in the industry.
Ekeoma Ezeibe, who becomes the council's 23rd president, told reporters in Lagos that her administration will use regional committees to drive awareness campaigns beginning in Abia State. She selected that location because of economic activity centered in Aba, a manufacturing center experiencing infrastructure improvements under Governor Alex Otti. Ezeibe said awareness levels remain stronger in southwestern regions compared with commercial areas in the southeast despite significant business operations there. The Nigerian Insurance Industry Reform Act 2025 strengthens regulatory enforcement authority and requires coverage for more activities, creating opportunities for brokers to reach new clients. Manufacturing and export firms once dominated Aba's leather and fashion sectors before declining, but recent power generation projects and market renovations have created conditions favorable for growth.
Ezeome said success in Abia will provide a blueprint for expansion into other states and the Federal Capital Territory. She committed to working with insurance underwriters and claims adjusters to ensure prompt payment processing that builds consumer confidence in the industry.
