The Founder and Chief Executive Officer of FastClaim Solutions Limited, Uche Okugo, has announced that the company’s new AI-powered platform is designed to automate, simplify, and speed up the process …
Nigerian Insurers Association
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EconomyGOVERNMENTInfrastructureInsurance
Reps blame NAICOM for 25 insurance firms financial infractions
The House of Representatives has accused the National Insurance Commission (NAICOM) of failing in its regulatory role, saying the lapse allowed widespread financial infractions by 25 insurance firms operating in …
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BusinessEconomyFinance & ServicesInsuranceNewsNigeria
Nigeria’s Insurance Industry Premium Hits ₦1.56tn in 2024
The Nigerian insurance industry recorded strong financial growth in the 2024 financial year, with gross written premium (GWP) rising by 56 per cent to ₦1.56 trillion, up from ₦1.00 trillion …
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BusinessEconomyFinance & ServicesInsuranceTechnology
Ex-Hilal Takaful Boss Urges Insurance Firms to Collaborate on AI Investment
The former Managing Director of Hilal Takaful Insurance, Mrs. Thaibat Adeniran, has called on Nigerian insurance companies to collaborate as a consortium to reduce the financial burden of adopting artificial …
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The insurance team of the Nigeria Liquefied Natural Gas (NLNG) is making moves to understand more about energy and special risk insurance policies, especially as the energy sector continues to …