How Insurers can turn NIIRA to NAIRA

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Chuks Udo Okonta

As insurance practitioners and stakeholders celebrate the enactment of the Nigerian Insurance Industry Reform Act (NIIRA) 2025, the impact can only be felt when insurers are able to leverage the provisions in the Act to improve their profitability.

NIIRA to NAIRA do lists.

*Pay claims promptly

*Coordinated and robust awareness campaign

*Lesekese clients touch

*Need based products

*Good customer service

*Insurfeel (CSR)

*Robust technology

*Credit scheme

*Human capacity building

*Partnership

*Rebirth

*Solutions offers

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