30 results
- 19 Aug 2020
Nigeria Insurers Association Considers Growth Strategy with Legislature
The Nigeria Insurers Association, NIA, and the National Assembly are working on a strategy that will boost insurance business in Nigeria. Femi Gbajabiamila, speaker, House of Representatives, has…
- 16 Jan 2019
NIA to Digitalized Marine Insurance Certificate
The Nigerian Insurers Association, (NIA) has been granted approval to digitalized Marine Insurance Certificate. The approval was given by both the National Insurance Commission (NAICOM) and the…
- 7 Feb 2021
Nigeria Insurance Companies Pay N54.11 Billion Commission To Brokers
The Nigeria insurance industry has continued to sustain commitment and transparency in claims and commission payment despite economic pressure occasioned by COVID-19. According to the Nigerian…
- 27 Jun 2023
Nigerian Insurers Pool N726.2bn Premium in 2022
Nigerian Insurers Association (NIA) yesterday said that the volume of premium recorded by its member companies in 2022 grew to about N726.2 billion. Mr Olusegun Omosehin, NIA’s Chairman, said this…
- 14 Feb 2022
Insurance Sector’s Total Premium Reached N508bn in 2021
Mr Ganiyu Musa, chairman of the Nigeria Insurers Association (NIA), the umbrella body of insurance underwriters in the country, has said that the insurance sector in 2021 raked in N508 billion Gross…
- 24 Sept 2014
NIA Mulls E-Registration to Curb 75% Fake Marine Insurance Papers
Nigerian Insurance Association (NIA) said it will introduce electronic registration system to the marine sector by the end of this month. The plan, according to NIA, will help curb the…
- 21 Mar 2016
Leveraging on Technology to Grow the Insurance Industry in Nigeria
Mr. Ayotunde Coker, managing director of Rack Centre, Nigeria’s first Tier lll design certified data centre, has advised insurance executives on the need to leverage on technology to be able to meet…
- 28 Oct 2024
NIA says Economic Challenges are Opportunities for Insurance Sector
The newly elected Chairman of the Nigerian Insurers Association (NIA), Kunle Ahmed, has said the increase in foreign Direct Investment (FDI) coming to insurance industry, especially in Q1 2024 and…
- 18 Jan 2010
What Insurance Holds for Nigeria in 2010?
ndustry watchers have predicted that year 2010 may be that of magical accomplishments. For some people, it is a year of food for all, water for all or in summary, a year that would witness the…
- 23 Jun 2008
PMM partners NIA on InTech workshop
Private Media Mart is collaborating with Nigerian Insurers Association (NIA) to organize first ever Insurance Technology workshop and exhibition in September this year. Mr. Ejiofor Agada, chief…
- 22 Dec 2013
Risks Underwriters to Deploy NIID to Detect Fake Certificates
Nigerian Insurers Association (NIA), umbrella body for risks underwriting companies in the country, said it would deploy the Nigerian Insurance Industry Database (NIID) to check the increasing rate…
- 21 Feb 2012
Motor Insurance Gets Boost as Insurers Comply with NIID Project
With compliance level to the Nigerian Insurance Industry Database (NIID) project, initiated by the Nigerian Insurance Association (NIA), reaching a 95 per cent tall stake, the era of fake insurance…
- 17 Nov 2017
Equity Assurance launches mobile ‘USSD’ insurance
By peter oluka Equity Assurance Plc., a member of SUNU Group, a leading Insurance Group that operates in 14 countries in Africa, announces the launch of its innovative mobile (USSD) Insurance…
- 5 May 2026
Double Recognition for Mutual Benefits at 2026 NIA Awards Ceremony
Mutual Benefits Assurance Plc has recorded a significant milestone as two of its foremost leaders were honoured at the recently held 2026 Nigerian Insurers Association (NIA) Awards & Recognition…
- 7 Mar 2017
Over 40 IT, Insurance Experts to Speak at e-Insurance Confab
Not less than 40 experts in Information Technology (IT) and Insurance Industries have indicated their interest to speak at the maiden e-Insurance conference being organised by Pinet Informatics.…
- 2 Aug 2010
Expert Tasks Operators on Slow Pace of Insurance Growth
Notwithstanding the efforts of stakeholders aimed at rising the stakes of the insurance sector, expert opinion have indicated that the industry is not growing at a corresponding rate. According to a…
- 1 Feb 2010
Insurance Contribution to GDP Still too Low --Study
Going by the current performance indicators in the insurance industry, the slow pace of penetration into the market appears to be facing serious attention but not yet enough to equate our…
- 4 Aug 2015
Carmudi, Custodian Allied Insurance Partner on Online Car Insurance
In a genuine bid to make insurance, especially vehicle insurance more accessible to current and intending car owners, Custodian and Allied Insurance Limited, a top rated insurance service provider…
- 22 Feb 2010
Expert Canvasses Further Down-sizing of Insurance Firms
As the financial sector continues to reap the gains of consolidation initiated by the Charles Soludo- led Central Bank of Nigeria (CBN) insurance stakeholders are agitating for further down-sizing of…
- 15 Mar 2010
Analysts Task Operators on Human Capacity Development
The insurance industry is fast becoming an investor-friendly one. Facts on ground pointedly shows that it has witnessed accelerated development in recent times. The capital…
- 22 Mar 2023
Insurers, LASG Collaborate to Institute Compulsory School Safety Insurance Scheme
Insurance operators in Lagos are collaborating with the Lagos State Safety Commission to institute compulsory School Safety insurance scheme for all public and private schools in the State. The plan…
- 8 Sept 2010
Domesticate Products to Win Public Confidence- Insurers Urged
The managing director of Lucas Insurance Agency, Mr. Lucas Enakhimon has called on the Nigerian insurance professionals to take insurance to the next level by domesticating the products and…
- 12 Apr 2010
NAICOM Poise to Enhance Insurance Status in 3years
Notwithstanding the few giant steps that insurance has taken in the past few years, especially its performance at the stock market and other market indicators, the sector still ranks abysmally low…
- 9 Mar 2022
NAICOM to Sanction Firms for Failure to Comply with Digital Regulatory Model
The National Insurance Commission (NAICOM), has said that it would sanction any insurance firm that failed to upload its daily operational transactions into its regulatory portal. This is just as the…
- 14 Jul 2008
Industry Support Grows for Insurance Technology Event
Nigerian Insurance players are gearing up for the forth coming InTechExpo® 2008, the very big thing in the industry in particular and the financial services sector in general. The inaugural…
- 24 May 2015
Signal Alliance, Microsoft Partner to Promote Cloud Adoption, IT Driven Insurance Solutions
Signal Alliance and Microsoft are collaborating with Insurance companies in Nigeria to promote cloud technology adoption and IT-driven insurance solutions for the robust development of the sector. In…
- 22 Jul 2025
NIA Questions Legality of Reps’ Financial Probe
The Nigerian Insurers Association has urged the House Committee on Capital Market and Institutions to respect the constitutional separation of powers as it carries out a probe on over 20 insurance…
- 31 Jul 2023
Insurance Operators Adopt Technology for Seamless Operations, Access to Customers
Insurance sector operators said they have invested heavily in acquiring technology that will make their operations seamless and accessible to customers through the introduction of dedicated…
- 24 Apr 2025
Insurance Bill Seeks Compensation for Customers of Failed Firms
The Nigerian Insurance Reform Bill, currently waiting for the president’s assent, will enhance consumer protection by creating a compensation fund for victims of liquidated insurance companies. Kunle…
- 2 Oct 2020
NAICOM Set To Unveil Industry IT Guidelines
Nigeria’s Insurance Industry, is about witnessing full blown digitization to enhance operational efficiencies and sustain growth in the face of COVID-19 which has negatively impacted businesses…