Nigeria: National Insurance Commission adopted Guidelines for Insurtech Operations including operational licence requirement
Description
National Insurance Commission adopted Guidelines for Insurtech Operations including operational licence requirement
On 30 July 2025, the National Insurance Commission adopted the Guidelines for Insurtech Operations in Nigeria. The Guidelines prohibit insurtech firms from commencing operations without registration or authorisation and introduce a three-stage licen…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
other service provider
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body