Insurance

Barbara Bako, Abuja.     The National Insurance Commission (NAICOM) has intensified efforts to boost compliance with compulsory insurance laws by partnering with the Nigeria Police Force (NPF) to strengthen enforcement against fake insurance certificates and expand insurance coverage across

Barbara Bako, Abuja.   The National Insurance Commission (NAICOM) has reaffirmed its commitment to strengthening collaboration with the Chartered Insurance Institute of Nigeria (CIIN) as the insurance industry prepares for the implementation of key reforms, including the Nigerian Insurance Industry

Barbara Bako, Abuja.     The National Insurance Commission (NAICOM) has called on insurance operators to prioritise prompt claims settlement, deepen innovation and strengthen enforcement of compulsory insurance ahead of the July 31 recapitalisation deadline. Commissioner for Insurance, Olusegun Ayo

Barbara Bako, Abuja.     NETAPPS has received a Partnering Insurtech licence from the National Insurance Commission (NAICOM), paving the way for the company to expand digital insurance services and support efforts to improve insurance penetration in Nigeria. The licence

Nigeria’s Commissioner for Insurance, Mr. Olusegun Ayo Omosehin has underscored the critical role of insurance in economic development as he played host to The Commissioner for Insurance of Ghana, Dr. Abiba Zakariah who paid him a working visit. Omosehin in

Barbara Bako, Abuja.     African insurance regulators and industry leaders have called for accelerated regulatory reforms and greater adoption of digital technologies to address the continent’s low insurance penetration and expand access to financial protection. The call was made

Barbara Bako, Abuja.   The National Insurance Commission (NAICOM) has issued Nigeria’s first operational licence to a partnering insurtech firm, a move seen as a major step in the regulator’s drive to deepen innovation, strengthen consumer protection and modernise the