INSURANCE
Making Sense of the New Insurance Reform Act
Nigeria’s insurance industry is going through one of its biggest shifts. With the introduction of the Nigerian Insurance Industry Reform Act (NIIRA), the rules guiding insurers, businesses, and policyholders have been updated to reflect today’s realities. The goal is simple: boost trust, strengthen operators, protect customers, and encourage innovation. This is timely.Insurance penetration in Nigeria remains low, hovering below 1%. Many people either don’t understand insurance or don’t trust the…
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How Life Insurance Protects Your Loved Ones in Unexpected Times
Bola’s life was simple, steady, and full of routine. She ran a small catering business, supported her younger sister through university, and made ends meet comfortably. But one Sunday afternoon…
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Running a Business in Nigeria: Should You Bother with Insurance?
New Episode Alert! Running a business in Nigeria comes with its fair share of risks – from fires and theft to unexpected…
Protecting The People We Love with Life Insurance
When was the last time you thought seriously about life insurance? Not just the one your HR department quietly set…
Third Party vs Comprehensive Motor Insurance: Which One Truly Protects You?
Let’s paint a picture. Emeka had just closed from work and was heading home through Lagos traffic on the Third…
Can Insurance Really Save You Money? Here’s What Most Nigerians Don’t Know
Have you thought of how many times you’ve told yourself that this is the month you start saving? Then, your…
How a Simple Insurance Policy Could Save Your Family from Debt
Despite the estimated two million cars on the road in Lagos, Nigeria’s commercial capital, owning a car remains more of…
Annuity or Pension? Why Annuity Might Be the Better Bet
When Madam Tosin, a vibrant and seasoned bank manager at a leading financial institution, began planning for her retirement, she…
Making Sense of the New Insurance Reform Act
Nigeria’s insurance industry is going through one of its biggest shifts. With the introduction of the Nigerian Insurance Industry Reform…
Read More
