News

NDPC and Nigerian Insurance Brokers to Strengthen Data Privacy in the Insurance Sector

The National Commissioner/CEO of the Nigeria Data Protection Commission (NDPC), Dr Vincent Olatunji, received a delegation from the Nigerian Council of Registered Insurance Brokers (NCRIB), led by its Chairman, Aremo Richard Ojo, on a working visit to the Commission’s headquarters.

Aremo Ojo appreciated Dr Olatunji for the warm reception and stated that their visit was aimed at gaining further insight into compliance with the provisions of the Nigeria Data Protection Act (NDP Act, 2023), following the enlightenment they received during a training session organised for them by the NDPC.

He reiterated that the Council is a legally registered body that has been operational for sixty-two (62) years. Having recognised the importance of data protection and privacy, he affirmed their willingness to comply with the NDP Act and collaborate with the Commission to strengthen data privacy within the insurance brokerage sector. He concluded by commending the Commission for adopting an “awareness-first” approach prior to enforcement.

In response, Dr Olatunji commended the Council for its willingness to comply and emphasised that the NDPC considers all data controllers and processors as partners. He noted that NCRIB represents a significant sector where large volumes of data are processed and highlighted the potential risks of failing to implement adequate safeguards for personal data.

Dr Olatunji further explained that collaboration and partnership are key pillars of the Commission’s Strategic Partnership and Action Plan. He noted that the Commission has signed Memoranda of Understanding with several regulators, including the National Insurance Commission (NAICOM)—the regulatory body for the insurance industry in Nigeria—to strengthen data protection and privacy both locally and globally. He assured that the Commission is willing to work with NCRIB and provide the necessary support to facilitate their compliance with the NDP Act.

IMPORTANT PRIVACY NOTICE


NDPC is a public institution that processes data in furtherance of our mandate as Nigeria’s Data Protection Authority. We rely on recognised lawful bases for data processing such as consent, legal obligation and contract. We process various categories of your data based on the type of engagement you have with us. Subject to your data subject rights, embedded applications or codes (which are in some cases called “cookies”) on our website may process your pattern of engagement with our website and thereby create automated responses and notifications that seem most likely to suit your interest. You can manage the cookies settings on our website. Click here TO READ OUR DATA PRIVACY POLICY. This notice applies to NDPC. Make sure you read privacy notices on every website that you visit.

This will close in 0 seconds