NCRIB to send list of members to clients

By Rosemary Onuoha

The Nigerian Council of Registered Insurance Brokers, NCRIB, is set to send the list of genuine broking firms to clients as a measure of checking activities of fake operators, its President Mrs. Laide Osijo, has said.

According to Osijo, the NCRIB would also close registration for members on March 31, stressing that by first week of April, the list of members would be published for the public to know genuine operators.

Osijo said, “Our rule states that we should publish list of members every year. I must not forget to comment the effort of the Commissioner for Insurance for his efforts in promoting the affairs of the council.

“Our law says that registration with NCRIB is requirement for licensing by NAICOM. Before this year, so many brokers have been going to NAICOM, for registration. But since the beginning of this year, NAICOM has refused to give anybody licence if they did not have the NCRIB registration certificate. The Commissioner with his team has been doing a good job to ensure people comply with the rules.”

She noted that the NCRIB’s law requires members to renew their registration every two years, adding that any operator who fails to observe this would have his/her registration lapsed.

Osijo said the renewal does not just centre on financial obligations, but that the operator must meet all the requirements stated in the law. Adding that the council has standard rule that is used for renewal, stressing that once an operator is able to meet the conditions, his/her license would be renewed.

“If a firm has a new chief executive, the firm has to come to us to check if the person is fit and proper to run the organisation.