NAICOM, CIIN Laud IMT On Tech-Driven Insurance In Nigeria

The National Insurance Commission (NAICOM) and the Chartered Insurance Institute of Nigeria (CIIN) have applauded Insurance Meets Tech (IMT) Conference for its transformative role in accelerating digital adoption and innovation in Nigeria’s insurance sector.

The president of the Chartered Insurance Institute of Nigeria (CIIN), Yetunde Ilori, commended the consistent and rich discussions, as well as the relevance of the collaborative showcases, through which the annual engagement event has highlighted the importance of a technology-first approach in reforming the Nigerian insurance industry.

According to her, “the work being done by Insurance Meets Tech is reshaping how our industry operates—breaking traditional boundaries and creating room for innovation, particularly among younger, tech-savvy consumers.

“This initiative is giving the insurance sector a much-needed edge, increasing acceptance and relevance while driving sustainable impact on the economy.

It is clear that the future of our profession depends on how well we integrate digital tools and think into every facet of our operations.”

In his remarks, commissioner for Insurance, Olusegun Omosehin commended the work of IMT in reshaping the industry through innovation and the convener’s commitment over the years.

“Digital innovation is no longer optional; it is essential to the growth and relevance of insurance in today’s Nigeria. Platforms like Insurance Meets Tech are not just forums for discussion; they are engines of disruption that are modernising how we engage with the insuring public. I want to commend the Convener for this disruptive idea, calling all to embrace technology and build the trust necessary to deepen insurance penetration across all strata of society,” he said.

Founder/convener, Insurance Meets Tech (IMT), Odion Aleobua thanked the distinguished insurance thought leaders for the kind words, saying, “We are deeply honoured by the endorsement of Nigeria’s insurance leadership—Commissioner for Insurance, Olusegun Omosehin and CIIN President, Mrs Yetunde Ilori. Their support for Insurance Meets Tech reflects a shared commitment to transforming the industry through tech and digital innovation.

“This affirmation of our value creation proves that when regulators, practitioners, and technologists unite, we can build an insurance ecosystem that serves every Nigerian, digitally and inclusively.”