The Chairman of the Nigerian Insurers Association (NIA), Mrs Ebelechukwu Nwachukwu, delivered remarks at the official launch of the Lagos State Buildings Insurance Scheme (LAGIS) held on Friday, 24 July 2026.
The landmark initiative underscores the importance of collaboration between the Government, Regulators and the Insurance Industry in strengthening protection for buildings, safeguarding communities and promoting greater resilience against unforeseen risks.
Speaking at the event, Mrs. Nwachukwu highlighted the significance of the initiative as a demonstration of the impact that can be achieved through purposeful collaboration between the public and private sectors.
“This initiative demonstrates what is possible when Government, Regulators, and the Insurance industry work together with a shared purpose to build a safer and more resilient society.”
The NIA Chairman reaffirmed the Association’s commitment to supporting initiatives that deepen insurance penetration, promote risk awareness and provide sustainable solutions that protect individuals, businesses and communities across Nigeria.
