Nigeria’s Federal Government Orders Insurance Companies To Get Fresh Microinsurance Licence Within 18 Months

The Nigerian Federal Government has issued an 18 month ultimatum to 17 insurance companies selling microinsurance products to acquire fresh microinsurance licences or suspend the selling of these products. The Federal Government, which gave this deadline through its agency, the National Insurance Commission(NAICOM), added that, in a case where any of the concerned insurance firms… Continue reading Nigeria’s Federal Government Orders Insurance Companies To Get Fresh Microinsurance Licence Within 18 Months

How have Uber, Airbnb affected insurance?

  In the internet age, the sharing economy and the popularity of apps like Uber – which allows users to hail a ride from their phone, usually within minutes – come hand-in-hand with a change in consumer expectations. When it comes to insurance, aggregators have long had an effect on the landscape and the means… Continue reading How have Uber, Airbnb affected insurance?