The National Insurance Commission (NAICOM) and the National Civil Aviation Authority (NCAA) have inaugurated a committee amongst other things, reaffirming the Commission’s long-standing commitment to safeguarding the interests of policyholders.

The joint Technical Committee is to ensure that in the event of any accident or incident, the Committee ensures that all affected third parties receive fair compensation and are properly indemnified.

The representative of the Commissioner For Insurance, Mr. Olusegun Ayo Omosehin, the Deputy Commissioner, Technical, Dr. Usman Jankara, received the NCAA team, led by Mrs. Rominiyi F. Dorcas, Wednesday at the Commission’s headquarters in Abuja.

Dr. Jankara emphasized that naicom does not only regulate the insurance industry by serving the interest of operators but also safeguard the interests of policyholders.

The joint Technical Committee has as its primary objective, to reaffirm the Commission’s long-standing commitment to safeguarding the interests of policyholders.

The relevance of the joint committee includes;

  1. Verification of certificate of Insurance and other insurance related documents of airline operators, affiliate agencies, and NCAA service providers
  2. Provide Technical support to NCAA on insurance matters.
  3. Coordinate/facilitate resolutions of complaints of airline operators on insurance covers and services during periodic meetings.
  4. Provide advice to NCAA on all aviation insurance related matters bordering on adequacy and validity.
  5. Coordinate trainings/workshop/awareness programmes for NCAA/NAICOM and its stakeholders on aviation insurance.
  6. Coordinate training on insurance and aviation matters.
  7. Organise and attend periodic meetings of both organisations.
  8. Carry out periodic review of the minimum insurance cover requirements by all persons/group of persons having a duty as operator/provider in the Aviation sector to maintain adequate insurance for their operations during periodic meetings.
  9. Organise and attend periodic meetings with airline operators and insurance providers.
  10. Carry out any other tasks as the Collaboration allows.

In her response, the Leader of the NCAA Delegation,
Mrs Rominiyi
Dorcas, said she will thoroughly dedicate herself and her team to their responsibilities. She pledged to exhaust all efforts in ensuring the successful attainment of the committee’s objectives.

In conclusion, Dr. Jankara emphasized the need for flexibility and automation of processes, expressing confidence in the committee’s ability to deliver due to the caliber of its members.