Heirs Insurance Brokers Limited (HIB) has been awarded the NDPC Audit Compliance Trust Mark for 2025 by the Nigeria Data Protection Commission (NDPC), following the successful completion of its Data Protection Audit, in line with the Nigeria Data Protection Act (NDPA).
The NDPC Trust Mark is an independent certification granted to organisations that meet the highest standards of data protection and privacy compliance as established by the Commission. This recognition affirms that Heirs Insurance Brokers’ data protection practices have been rigorously assessed and fully align with regulatory requirements.
This milestone reinforces HIB’s commitment to safeguarding client information through secure systems, responsible data handling, and continuous compliance with evolving regulatory standards.
Commenting on the achievement, Tony Aniemeke, Managing Director/CEO, Heirs Insurance Brokers, said: “Trust is at the core of our business. Receiving the NDPC Audit Compliance Trust Mark 2025 is a strong validation of the systems and processes we have put in place to protect our clients’ data. As we continue to simplify insurance for our customers, we remain equally committed to ensuring their information is handled with the highest level of security and accountability.”
As businesses increasingly rely on digital platforms, data protection has become a critical pillar of customer trust. By earning this certification, Heirs Insurance Brokers strengthens its position as a responsible and forward-thinking brokerage, committed to protecting not just assets, but also the information entrusted to it.
Heirs Insurance Brokers (HIB) is a leading insurance broker in Nigeria, licensed by the National Insurance Commission (NAICOM) and registered as a limited liability company (RC 877382). Through an extensive network of insurance partners, Heirs Insurance Brokers delivers tailored solutions that help clients quantify risks, protect assets, and preserve wealth.
As the brokerage arm of Heirs Insurance Group (a subsidiary of Heirs Holdings, a global investment leader in 24 countries), we combine deep local expertise with innovative strategies. With a commitment to simplicity, reliability, and client-centric service, Heirs Insurance Brokers serves both corporate and individual customers across Nigeria.

The leadership of the National Insurance Commission (NAICOM) and the National Space Research and Development Agency (NASRDA) met yesterday to discuss a strategic partnership aimed at leveraging geospatial data and satellite technology to expand insurance access, strengthen enforcement, and enhance risk management across Nigeria’s insurance ecosystem.
The collaboration, agreed during the between both institutions, seeks to deploy space-based intelligence and data-driven solutions to support national economic resilience, financial inclusion, and sustainable development.
Speaking during the visit, Dr. Matthew Olumide Adepoju, Director General of NASRDA, explained that the partnership would harness NASRDA’s geospatial and satellite capabilities to generate accurate, evidence‑based datasets. According to him, these datasets will underpin modern insurance products, strengthen regulatory enforcement, and unlock economic value at both federal and sub‑national levels. He further highlighted the importance of insurance in safeguarding high‑value national assets, citing a previous insured satellite replacement as a practical demonstration of insurance effectiveness in managing sovereign risk.
On his part, Mr. Olusegun Ayo Omosehin, Commissioner for Insurance and Chief Executive Officer of NAICOM, emphasized that the initiative aligns strongly with NAICOM’s strategic transformation agenda and its commitment to swift, results‑oriented reforms. He noted the opportunity to deploy geospatial intelligence to identify public buildings and other insurable assets for compulsory coverage, as well as to support the development of a robust national catastrophic risk insurance framework.
NAICOM reaffirmed its core regulatory pillars—policyholder protection, regulatory capacity enhancement, legal and regulatory modernization, financial soundness through recapitalization, and innovation and sustainability—underscoring that the partnership directly advances its innovation and access objectives.
Under the partnership framework, both agencies will collaborate on the development of a national catastrophic insurance framework, high‑resolution property mapping and the creation of a national property database, enhanced enforcement of compulsory insurance for public buildings, and the advancement of insurance penetration through innovation and sustainability initiatives.

The Federal Government has intensified efforts to improve participation in the ongoing mandatory verification and enrolment exercise for civil servants with accrued pension rights, following low turnout despite the importance of the exercise. 
The National Pension Commission (PenCom) is conducting a one-time nationwide Online Verification and Enrolment Exercise for all active employees of treasury-funded Ministries, Departments and Agencies (MDAs) who were employed before June 30, 2004. 
The exercise, which commenced on February 2 and will end on July 31, is aimed at capturing accurate and complete data on eligible workers. This will support the timely payment of their accrued pension rights under the Contributory Pension Scheme (CPS).  
The initiative is part of the Federal Government’s efforts to settle pension obligations carried over from the old Defined Benefit Scheme (DBS), which existed before the introduction of the CPS in 2004. 
Under Section 15(1) of the Pension Reform Act 2014, employees who moved to the CPS are entitled to accrued pension rights, representing benefits earned under the DBS.
To fund these obligations, the law provides for the establishment of the Retirement Benefits Bond Redemption Fund, domiciled with the Central Bank of Nigeria (CBN). 
In a circular issued on April 27, 2026, Mrs. Didi Esther Walson-Jack, Head of the Civil Service of the Federation, directed all treasury-funded MDAs to support the exercise.
The circular emphasised that verification is essential for determining the Federal Government’s outstanding pension liabilities and making adequate budget provisions for their settlement.
Prior to the automation by PenCom a few years ago, the process relied on manual processes that were often affected by incomplete records and delays. The current exercise is fully digital and a significant technological improvement from the initial Online Enrolment platform.
PenCom has now deployed the new Contributions and Bond Redemption Application (COBRA), a secure platform designed to support real-time data capture, validation and processing. 
The platform includes multiple layers of verification, such as biometric capture and cross-checking of employment records. This helps to improve data accuracy and reduce errors that could delay pension payments at retirement. 
To ensure smooth implementation and avoid system congestion, the exercise has been structured in phases. The first phase, which ran from February 2 to March 31, covered employees expected to retire between January 2027 and December 2029. 
The ongoing second phase, from April 1 to July 31, is for employees who will retire from January 2030 onwards. 
PenCom noted that the phased approach will improve coordination, enhance monitoring and ensure that all eligible employees are captured within the timeline. 
Despite these arrangements, participation has remained below expectations.
This led to a directive from the Head of Service mandating full compliance by all treasury-funded MDAs. 
MDAs are required to upload details of eligible employees on the COBRA platform, after which affected employees are to visit their respective Pension Fund Administrators (PFAs) with the necessary documents to complete the process. 
Pension Desk Officers (PDOs), trained by PenCom, are responsible for coordinating the exercise within their organisations and guiding staff through the process. 
PenCom has assured employees that participating in the exercise will enable the computation of the employees accrued pension rights and advise the Federal Government of same for adequate provision to be made. This would further ensure seamless access to benefits immediately after a worker retires.   
With the deadline approaching, the Federal Government has urged Permanent Secretaries and heads of MDAs to widely publicise the directive and ensure full participation. 
Failure to take part in the exercise may complicate the processing of accrued pension rights at retirement and could lead to delays in accessing benefits. 
As the July 31 deadline draws closer, attention is now on how effectively MDAs mobilise their workforce to close the enrolment gap and support this important step toward securing retirement benefits for public servants.