NIA, NAICOM mourn ex-president of NCRIB

Lagos: The Nigerian Insurers Association (NIA) and National Insurance Commission (NAICOM) have expressed deep sorrow over the death of Mr Rotimi Edu.

In separate condolence messages on Monday, both bodies described Edu as a visionary leader and pillar of the insurance industry whose contributions remain indelible.

Edu was the 21st president of the Nigerian Council of Registered Insurance Brokers (NCRIB).

The NIA Chairman, Mr Kunle Ahmed, said the association received news of Edu’s passing with profound shock and sadness.

The deceased was described as an exceptional leader, astute legal practitioner and committed insurance professional who devoted decades to industry advancement.

According to him, Edu during his tenure as NCRIB 21st president championed initiatives strengthening collaboration between insurers and brokers, promoting industry unity.

“His passing leaves a massive vacuum that will be deeply felt across the entire financial services sector,” he said.

Ahmed noted that Edu distinguished himself through professionalism, ethical conduct and selfless service to society.

Edu as member of National Institute for Policy and Strategic Studies (NIPSS) brought strategic insight and advocated reforms aligned with modern economic realities.

NIA chairman extended condolences to NCRIB leadership, family, colleagues and friends of the deceased.

“While the industry mourns a monumental loss, we take solace in enduring legacy of integrity, leadership and institutional progress he left behind,” Ahmed said.

Also mourning, NAICOM Commissioner for Insurance and CEO, Mr Olusegun Omosehin, described Edu as a towering figure in insurance broking profession.

He said Edu left an indelible mark on insurance through brilliance, foresight and unwavering dedication to advancement of practice in Nigeria.

He said legacy of integrity, courage and progressive leadership would continue to inspire future generations of insurance practitioners.

He described Edu as a man of uncommon intellect and boundless energy, a cauldron of ideas and passionate reform advocate.

“Even in face of personal health challenges, his devotion to council and insurance industry remained steadfast,” he said.