Explore micro, takaful insurance, NAICOM tells brokers

Mr Fola Daniel, Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), has asked insurance brokers to investigated opportunities in micro and takaful insurances to broaden the insurance market.
He added that part of the commission’s efforts at growing the insurance market is the introduction of the Market Development and Restructuring Initiative (MDRI) in 2009, but was dissappointed that the brokers have not brought sufficient energy into the initiative.