Insurance

NAICOM approves Casava as state composite microinsurance firm

Commissioner for Insurance Mohammed Kari

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Chuks Udo Okonta

National Insurance Commission has granted approval to Casava Micro-insurance Limited to operate as State Composite Micro Insurance company transacting Life and General Micro Insurance Business in Lagos State only.

A statement by the Head, Commissianer’s Directorate NAICOM, Salami Rasaaq, said Casava Micro-Insurance is one of the successful company among several applications received in the Commission from Individuals and corporate entities requesting registration as Micro-insurance operators in Nigeria.

He noted that the company thus become the second full-fledge standalone Micro lnsuranœ operator in Nigeria.

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