The Commissioner for Insurance, Mr Olusegun Ayo Omosehin, has reiterated the importance of digital adoption across the insurance industry and stressed his commitment to positioning the sector at the forefront of digital transformation.
He said this in a meeting on 9 September with the FinTech Association of Nigeria to discuss strategies for driving digital transformation in the Nigerian insurance sector, , according to a statement released by the insurance regulator.
The meeting highlighted a shared vision to revolutionise the insurance landscape through technological innovation, collaboration, and strategic partnerships.
The FinTech Association, led by Mr Segun Aina, Africa FinTech Network president, expressed its commitment to supporting NAICOM’s efforts to modernise and expand the insurance ecosystem.
NAICOM, on its part, reaffirmed its dedication to rebuilding public trust through transparent digital solutions and protecting policyholders’ interests
NAICOM recently issued new guidelines for InsurTech operations in Nigeria. The guidelines entered into effect on 1 August 2025.