Nigeria: Non-permissible activities in Guidelines for Insurtech Operations
Progress
Current status
in force
30 Aug 2025 in force
30 Jul 2025 adopted
Scope
Implementers
Nigeria
Policy Area
Authorisation, registration and licensing
Policy Instrument
Prohibition of goods and services
Regulated Economic Activity
other service provider
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
National Insurance Commission’s Guidelines for Insurtech Operations outlining non-permissible activities enter into force
On 30 August 2025, the National Insurance Commission’s Guidelines for Insurtech Operations outlining non-permissible activities enter into force. Section 12 outlines the activities that insurtech companies are prohibited from undertaking. These incl…
Event type
order
Action type
implementation
Government branch
executive
Government body
other regulatory body
National Insurance Commission adopted Guidelines for Insurtech Operations outlining non-permissible activities
On 30 July 2025, the National Insurance Commission adopted Guidelines for Insurtech Operations in Nigeria. Section 12 outlines the activities that insurtech companies are prohibited from undertaking. These include providing insurance services withou…
Event type
order
Action type
adoption
Government branch
executive
Government body
other regulatory body