The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Mr. Olusegun Omosehin, and the President of the Chartered Insurance Institute of Nigeria (CIIN), Mrs. Yetunde Ilori, have lauded the Insurance Meets Tech (IMT) conference for its pivotal role in driving digital innovation within Nigeria’s insurance industry.
The commendation was made during the opening ceremony of the maiden edition of the CIIN Insurance Awareness Week, which was held recently in Lagos. Themed “Insurance for All: Securing Nigeria’s Future,” the event brought together industry leaders, policymakers, and technology professionals to explore ways to expand insurance penetration through digital transformation.
In her remarks, Mrs. Ilori praised the IMT platform for fostering meaningful conversations and collaborative showcases that have consistently highlighted the need for a tech-centric approach in the industry. She emphasized the role of IMT in reshaping traditional operations and creating new opportunities for engaging younger, digitally savvy consumers.
“The work being done by Insurance Meets Tech is transforming how our industry functions—breaking conventional boundaries and pushing the frontier of innovation,” Ilori said. “This initiative is helping the sector gain relevance, increase acceptance, and make a sustainable impact on the economy. The future of our profession rests on our ability to integrate digital tools into all areas of insurance practice.”
Commissioner Omosehin echoed these sentiments, stressing that digital innovation is now a necessity, not a choice, for the insurance industry in Nigeria.
“Technology is no longer optional—it is essential for the growth and continued relevance of insurance in Nigeria,” he stated. “Platforms like Insurance Meets Tech are not merely forums for dialogue; they are catalysts for disruption, modernizing how the industry engages with the public. I commend the Convener for this forward-thinking initiative and urge all stakeholders to embrace technology as a tool for building trust and deepening insurance penetration across all segments of society.”
Both leaders agreed that initiatives like IMT are integral to transforming the industry and positioning it for future growth in a rapidly evolving digital landscape.
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