Joy Agwunobi
The National Insurance Commission (NAICOM) has entered into a partnership with the Federal Road Safety Corps (FRSC) and the National Health Insurance Authority (NHIA) to deepen compliance with the Nigerian Insurance Industry Reform Act (NIIRA) 2025 and enhance road safety and emergency response mechanisms across the country.
According to a statement issued by the Commission, the partnership follows a courtesy visit to Olusegun Ayo Omosehin,the commissioner for insurance, by the FRSC Corps Marshal, Shehu Mohammed, and representatives of the NHIA, at NAICOM Headquarters in Abuja on Thursday, October 23, 2025.
The collaboration, NAICOM explained, is designed to strengthen the implementation of the compulsory Motor Third-Party Insurance Scheme, improve emergency medical response to road accidents, and eliminate fake motor insurance policies through digital integration.
During the meeting, the FRSC Corps Marshal congratulated NAICOM on the signing of the NIIRA 2025 and lauded the Commission’s ongoing reforms to reposition the insurance sector. He emphasized the need for improved data exchange between both agencies to create a robust system for quick accident response, claims processing, and compensation for victims.
Mohammed further highlighted the importance of digitizing motor insurance verification processes, noting that such integration would enhance transparency, reduce delays, and curb the menace of fake insurance certificates that undermine public trust.
In his remarks, Omosehin, the commissioner for Insurance,expressed appreciation to the FRSC for its commitment to safety and innovation, particularly in upgrading the licensing system. He reiterated that the NIIRA 2025 has provided a stronger framework for enforcing compulsory third-party motor insurance and introduced a dedicated fund for compensating accident victims. The fund, he added, will be managed by a committee comprising representatives from key agencies, including the FRSC.
Ajodi Nuhu Nasir, representing the National Health Insurance Authority, commended the synergy among the institutions, describing it as a “critical step toward building a sustainable ecosystem that not only enhances road safety but also guarantees prompt and quality medical attention for accident victims.” He added that the partnership aligns with NHIA’s mandate to ensure accessible healthcare for all Nigerians, particularly in emergency situations arising from road crashes.
At the end of the deliberations, the agencies agreed on a four-point action plan to guide the collaboration. First, NAICOM and FRSC will integrate their systems to enable seamless exchange of verified information and motor insurance records. Secondly, the three agencies will jointly develop and execute a coordinated public enlightenment campaign to educate Nigerians on road safety and the benefits of valid insurance coverage.
The third resolution was the creation of a joint enforcement committee that will ensure compliance with compulsory motor insurance laws and address the proliferation of fake insurance policies. Finally, the FRSC will incorporate valid third-party motor insurance verification into its nationwide enforcement and awareness operations to strengthen accountability and compliance among motorists.
NAICOM noted that the collaboration underscores its renewed commitment to strengthening regulatory coordination and ensuring that road users are adequately protected in line with the objectives of NIIRA 2025. The Commission added that a date will soon be announced for the formal inauguration of the joint enforcement and awareness committee.
