In a significant development for the insurance sector, the National Insurance Commission (NAICOM) has unveiled new guidelines aimed at regulating insurtech operations in Nigeria. This strategic move seeks to foster innovation while ensuring consumer protection and operational efficiency within the rapidly evolving landscape of digital insurance services. As the market for insurtech continues to expand, these guidelines are expected to provide a robust framework that addresses emerging trends and challenges faced by industry players. Stakeholders are now tasked with adapting to these regulations as they navigate the intersection of technology and insurance in one of Africa’s most dynamic economies.
NAICOM Unveils Comprehensive Framework to Regulate Insurtech Innovations in Nigeria
The National Insurance Commission (NAICOM) has introduced a set of robust guidelines aimed at transforming the insurtech landscape in Nigeria. This comprehensive framework is designed to foster innovation…
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Author : Sophia Davis
Publish date : 2025-08-01 02:51:00
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