By Bisi Bamishe
Nigeria lnsurers Association (NIA) is set for the 2025 Education Conference of the West African Insurance Companies Association holding October in Lagos, Nigeria.
According to a statement signed by Ebelechukwu Nwachukwu, Chairperson, Local Organising Committee, 2025 WAICA Education Conference, the landmark event will bring together insurance leaders, regulators, policymakers, and stakeholders from across West Africa to address the urgent issue of climate change.
Organised by the Nigerian Insurers Association on behalf of the broader Nigerian insurance market, the conference will welcome delegates from Nigeria, Ghana, Sierra Leone, Liberia, The Gambia, and other countries in the sub-region. With the theme ‘The West African Insurer in the Face of Climate Change’, the gathering will spotlight the critical role insurers play in safeguarding communities and economies against climate-related risks.
“As the global insurance industry faces mounting pressure to align with the Paris Agreement, West African insurers must also evolve, adopting sustainable practices, integrating environmental risk into underwriting, and developing inclusive insurance products to protect vulnerable populations. Nigeria’s strategic position as a regional hub, its expanding insurance sector, and its commitment to sustainable development make it an ideal host. Lagos, with its vibrant culture and hospitality, promises an enriching experience for all attendees.
The conference will explore climate-resilient insurance models and regulatory frameworks, innovations in digital claims processing and green underwriting, regional collaboration and public-private partnerships and incentives like premium discounts for low-carbon assets and government-backed reinsurance pools.
Delegates will gain insights into best practices from the Anglophone West Africa market and engage with leaders shaping the future of climate-aware insurance in West Africa,” said Nwachukwu.
Speakers include the Commissioner for Insurance/Chief Executive Officer, National Insurance Commission, Mr. Olusegun Omosehin, who will deliver the keynote address; Deputy Minister of Finance, Sierra Leone, Mr. Bockarie Kaloko; Group Managing Director, Custodian Investments Plc, Mr. Wole Oshin; Acting Commissioner of Insurance, Ghana, Dr. Abiba Zakariah; regulators, government officials, insurance industry professionals and development agencies from West Africa and beyond.
The conference will explore climate-resilient insurance models and regulatory frameworks, innovations in digital claims processing and green underwriting, regional collaboration and public-private partnerships and incentives like premium discounts for low-carbon assets and government-backed reinsurance pools.
Delegates will gain insights into best practices from the Anglophone West Africa market and engage with leaders shaping the future of climate-aware insurance in West Africa,” said Nwachukwu.
Speakers include the Commissioner for Insurance/Chief Executive Officer, National Insurance Commission, Mr. Olusegun Omosehin, who will deliver the keynote address; Deputy Minister of Finance, Sierra Leone, Mr. Bockarie Kaloko; Group Managing Director, Custodian Investments Plc, Mr. Wole Oshin; Acting Commissioner of Insurance, Ghana, Dr. Abiba Zakariah; regulators, government officials, insurance industry professionals and development agencies from West Africa and beyond.