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NAICOM warns brokers to stop illegal alliances with state govts

THE National Insurance Commission, NAICOM, has warned brokers’ that are into some form of arrangements with various state governments whereby insurance policies are being offered to unsuspecting public to desist from such acts. Commissioner for Insurance, Mohammed Kari, who gave the warning during the 2016 annual chief executive officers retreat of the Nigerian Council of Registered Insurance Brokers (NCRIB) in Osun State, said that such acts are illegal.

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