Insurance
NIA seeks partnership with FRSC to validate genuine motor insurances
The Nigerian Insurers Association (NIA) has sought for the partnership of the Federal Road Safety Corp (FRSC) to ensure the validation of genuine motor insurances, in line with the provision of the law.
NIA’s Chairman, Mr Olusegun Omosehin, said this in a statement made available to newsmen on Wednesday in Lagos.
Omosehin sought for the partnership while leading a delegation of some members of the association’s governing council on a courtesy call to the Corps Marshal of FRSC, Mr Dauda Biu.
He said the visit was aimed at strengthening the long-standing relationship between the NIA and FRSC and to explore other areas of mutual collaboration between the two bodies.
The NIA chairman urged the leadership of the Corp to intensify its campaign on road safety, while emphasising the need for motorists to obtain the necessary insurance policies.
Omosehin assured that NIA would continue to do all within its reach to support the Corps Marshal and his team.
“NIA will collaborate with FRSC to address the concern to have victims of motor vehicle accidents adequately compensated.
“This will be done through continuous access to the Nigerian Insurance Industry Database (NIID) platform that would aid the verification of insurance documents presented by motorists to FRSC field officers and include the passengers liability cover,” he said.
Omosehin further congratulated the Corp Marshal on his appointment and acknowledged the good work of the FRSC in curbing road accidents through periodic checks on the roads, adding that “it has positively been impacting on motor vehicle administration in Nigeria.
Commenting, Director General, NIA, Mrs Yetunde Ilori, thanked the Corps Marshal for the opportunity to visit and discuss matters of mutual interest between the two institutions.
Ilori promised that the association would work hard to deliver on the expectations of the Corp and the insuring public, while urging the FRSC to continue its good work of restoring sanity on the roads.
In his remark, Biu appreciated the NIA delegation for the visit and enjoined the association to maintain more frequent interactions with the Corp.
Biu advised the association to also extend same interaction to other enforcement agencies to ensure total eradication of fake motor insurances in the country.
According to him, creating more awareness on the benefits of insurance to the public will encourage more vehicle owners to embrace insurance.