Insurance

NAICOM courts FinTech Association of Nigeria to accelerate insurtech development

From right: Commissioner for Insurance Mr. Olusegun Ayo Omosehin with Mr. Segun Aina, President, Africa FinTech Network

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Chuks Udo Okonta

The Commissioner for Insurance Olusegun Ayo Omosehin yesterday September 9, 2025 met with the FinTech Association of Nigeria to discuss strategies for driving digital transformation in the Nigerian insurance sector.

The meeting highlighted a shared vision to revolutionize the insurance landscape through technological innovation, collaboration, and strategic partnerships.

The FinTech Association, led by Segun Aina, Africa FinTech Network President, expressed its commitment to supporting NAICOM’s efforts to modernize and expand the insurance ecosystem.

NAICOM, on its part, reaffirmed its dedication to rebuilding public trust through transparent digital solutions and protecting policyholders’ interests.

Dignitaries at the event

The Commissioner emphasized the importance of digital adoption across the insurance industry and stressed his commitment to positioning the sector at the forefront of digital transformation. Both parties agreed on the need for continuous engagement and collaboration to achieve the Commission’s goals under the new administration.

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