The Board and Executive Management of Guinea Insurance Plc have paid a strategic courtesy visit to the National Insurance Commission in a bid to strengthen regulatory collaboration.
According to a statement from the firm on the visit, the Guinea Insurance delegation was received by the Commissioner for Insurance/Chief Executive Officer, NAICOM, Mr Olusegun Omosehin, in Abuja.
The Guinea Insurance delegation was led by the Chairman of the Board, Mr Temitope Borishade. Other board members in attendance included Mrs Bernice Okosun, Mrs Ijeoma Okoro, Dr Nkemakonam Okeke, and Mr Samuel Onukwue, all non-executive directors. The Executive Management team comprised the Managing Director and Chief Executive Officer, Mr Ademola Abidogun; the Executive Director, Finance and Corporate Services, Mr Pius Edobor; the Executive Director, Technical, Mrs Ogonna Offor-Orabueze; and the Company Secretary, Mrs Chinenye Nnankwo.
Discussions during the engagement focused on regulatory developments, prevailing industry trends, and Guinea Insurance’s ongoing initiatives aimed at strengthening operational capacity and improving customer experience across its service touchpoints.
During the visit, the company also outlined its preparedness to solidify its capital base in line with the Nigerian Insurance Industry Reform Act requirements, describing this as a strategic step to enhance its ability to seize emerging business opportunities and deliver long-term value to stakeholders.
Speaking during the visit, Borishade said the engagement reflects Guinea Insurance’s commitment to closer collaboration with the regulator, improved transparency, strict compliance, and sustained growth.
“He emphasised that the company’s preparedness and capital strengthening efforts position it to serve its customers, shareholders, and partners with even greater effectiveness,” read part of the statement.
He noted that the company’s capital strengthening efforts position it to serve customers, shareholders, and partners more effectively.
The courtesy visit underscored Guinea Insurance’s focus on raising industry standards, strengthening stakeholder confidence, and building a more resilient and competitive organisation within Nigeria’s insurance sector. The company reiterated its commitment to developing a resilient, innovation-led, and trusted brand.
