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Guinea Insurance Plc has reinforced its engagement with industry regulators following a strategic courtesy visit by its Board and Executive Management to the National Insurance Commission (NAICOM) in Abuja.
In a statement on the visit, the company said its delegation was received by the Commissioner for Insurance and Chief Executive Officer of NAICOM, Mr Olusegun Omosehin, as part of efforts to deepen regulatory collaboration and alignment.
The delegation was led by the Chairman of the Board, Mr Temitope Borishade, alongside non-executive directors Mrs Bernice Okosun, Mrs Ijeoma Okoro, Dr Nkemakonam Okeke, and Mr Samuel Onukwue. Members of the executive team present included the Managing Director and Chief Executive Officer, Mr Ademola Abidogun; Executive Director, Finance and Corporate Services, Mr Pius Edobor; Executive Director, Technical, Mrs Ogonna Offor-Orabueze; and Company Secretary, Mrs Chinenye Nnankwo.
Engagements during the meeting centred on key regulatory developments, emerging industry trends, and Guinea Insurance’s ongoing initiatives aimed at strengthening operational capacity and enhancing customer experience across its service channels.
The company also highlighted its readiness to strengthen its capital base in line with the requirements of the Nigerian Insurance Industry Reform Act, describing the move as a strategic step to unlock new business opportunities and deliver sustainable value to stakeholders.
Speaking during the visit, Borishade said the engagement underscored Guinea Insurance’s commitment to closer collaboration with NAICOM, improved transparency, strict regulatory compliance, and long-term growth. He noted that the company’s capital strengthening plans would further enhance its ability to serve customers, shareholders, and partners effectively.
The visit, the company said, reflects its broader focus on raising industry standards, boosting stakeholder confidence, and building a resilient and competitive organisation within Nigeria’s insurance sector. Guinea Insurance reiterated its commitment to developing an innovation-led and trusted brand in the market.
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