The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission, Mr Sunday Olorundare Thomas, speaks on third party motor and compulsory insurance, his record since his appointment and various industry issues.We will like to start by asking you how the insurance industry has fared since your assumption of office?
In addition to that, as a way of backward integration in trying to cultivate human capital, we have gone into Education financing and there is no geo-political zone that has not benefited from our assistance to tertiary institutions. We support and sponsor insurance initiatives either by infrastructure or other areas. We sponsored the building of office spaces, furniture and training of lecturers. We have continued to support the college of Insurance and Financial Management.
What are you doing in terms of regulation and sanitisation of the industry with a view to getting operators to comply with rules and guidelines?
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