Insurance brokers, represented by the Nigerian Council of Registered Insurance Brokers (NCRIB), have praised the Federal Road Safety Corps (FRSC) for its significant contributions to poverty reduction and road safety in Nigeria. During a courtesy visit to the FRSC leadership in Abuja, Prince Babatunde Oguntade, the President of NCRIB, commended the FRSC for effectively minimizing the number of fatalities and disabilities resulting from road accidents.
Oguntade highlighted the positive impact of FRSC activities in promoting better compliance among road users regarding essential automobile documentation, such as third-party motor insurance. He acknowledged the role played by FRSC in fostering adherence to road safety measures, emphasizing the resultant benefits to the insurance industry.
In addition, Oguntade sought the FRSC’s support in enforcing e-insurance certificates and ensuring the accuracy, validity, and other critical details of these certificates. He emphasized the crucial role that insurance brokers play in ensuring that both individuals and corporate entities receive optimal value from their insurance policies.
The NCRIB president also noted that many individuals experiencing issues with their insurance policies had not engaged the services of registered insurance brokers. He urged for increased collaboration between the FRSC and insurance brokers to further enhance road safety and insurance awareness.
In response, Victor Nwokolo, the Deputy Corps Marshal, Admin and Human Resources, who represented the Corps Marshal Danda Ali Biu, commended the NCRIB and its members for providing essential insurance and risk management support to the FRSC. Nwokolo assured that the FRSC would intensify efforts against road regulation violators, aligning with the objectives of the insurance industry. He also pledged collaboration with NCRIB on planned public sector training, recognizing its potential to enhance the quality of the Corps’ manpower.