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Welcome to Nigerian Agricultural Insurance Corporation (NAIC)
The need for a specialized Agricultural Insurance Company to provide insurance cover to farmers was informed by Government’s concern over the vacuum created due to the unwillingness of conventional Insurers to accept Agricultural risks, which they considered too risky. This led to the establishment of the Nigerian Agricultural Insurance Scheme on 15th of November, 1987.The implementation of the Scheme was initially vested in the Nigerian Agricultural Insurance Company Limited, which was later incorporated in June, 1988 but later turned into a Corporation.
The Nigerian Agricultural insurance corporation is fully owned by the Federal Government of Nigeria. Its corporate Headquarters is in Abuja, and a Head Office Annex in Lagos with branches in all the 36 states of the Federation.
The Corporation was established in 1988 to underwrite Agricultural Insurance. Due to its impressive and remarkable performance, the corporation was licensed by the National Insurance Commission (NAICOM) to underwrite non- life classes of insurance.
To be a world class Agricultural Insurance Organization
To be a result oriented institution providing innovative insurance services towards sustained National Agricultural and Economic Development
The department is responsible for underwriting all Agricultural risks. The department is headed by Mr. U.A Rufai.
The department underwrites the general insurance policies of the corporation. The department is headed by Mrs. Florence Onwuanuokwu Senior Manager and Chartered insurer (CIIN)
The department is in charge of the Corporation’s Claims administration. They are also responsible for arranging the reinsurance business. The department is headed by Mr. I.C ogbu Assistant General Manager and chartered insurer (CIIN)
The department is responsible for all the financial transaction of the Corporation. The department is headed by Mr. B.O Apeh a Deputy General Manager and a Chartered Accountant.
|ADMINISTRATION/HUMAN RESOURCE DEPARTMENT
This department is responsible for general administration and human resource development in the Corporation. I.A Aderonmu is the head of the department.
This department is responsible for the development and marketing of various products offered by the Corporation. It is headed by A.Y Arabi
This department is responsible for the internal audit and compliance processes of the Corporation. The department is headed by Mr. A. C. Njoku, a Senior Manager and chartered accountant(ACA,CNA,ACMA).
This unit is responsible for all the legal issues in the Corporation. The unit’s headed by Barrister Chike C. Okafor, a Deputy General Manager.
|STRATEGY & CORPORATE PLANNING
This department comprise the following:
➢ INFORMATION AND COMMUNICATION TECHNOLOGY (ICT)
➢ PLANNING,RESEARCH AND DEVELOPMENT
This unit is headed by Dr. Victor Ofovbe an Assistant General Manager
This unit is responsible for all public relations duties; this includes liaising with the general public on behalf of the Corporation on corporate activities, enquiries and other related matters. The Unit is headed by Magdalene Omosimua, a Manager (BA (Ed) English Language, (NIPR)
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