NCRIBNigerian Council of Registered Insurance Brokers
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NCRIB President, Shola Tinubu, had last week said the body had served the NAICOM a 30-day pre-action notice to challenge the policy in court, adding that the body had also engaged the services of a legal firm to fight the course.
At a meeting held in Lagos on Thursday, officials of NAICOM and NCRIB agreed to set up an ad-hoc committee that will help ensure the parties remain on the same page in making policies for the broking sector.
The source noted that the NCRIB, has also made a recommendation to NAICOM on how to effectively deepen the sales of compulsory insurances.