Insurance Brokers’ Preparedness and the 2025 Reform Act
Discover how the Nigerian insurance industry is transforming through landmark recapitalization, enhanced risk management, and cutting-edge technology. In this exclusive BusinessDay Television special, top financial and insurance leaders break down how new regulations are reshaping claims processing and market penetration.
In this comprehensive discussion, industry experts explore the monumental shift brought by the Nigerian Insurance Industrial Reform Act and NAICOM guidelines. We examine how major operators like Coronation Insurance and SHA Holdings are increasing underwriting capacity, retaining larger risks locally, and tackling the historic trust deficit. Learn how digital platforms, insurtech innovations, and data-driven underwriting are expanding affordable insurance access to retail, SME, and underserved household markets across Nigeria.
CHAPTERS:
00:00 – Introduction: Building Public Trust in Nigerian Insurance
00:44 – NAICOM Regulations, Innovation Hubs, and Market Penetration
01:38 – Coronation Insurance: Recapitalization and Risk Retention Strategies
02:47 – Insurance Brokers’ Preparedness and the 2025 Reform Act
03:41 – ESG Frameworks, Capital Deployment, and Risk Management
04:47 – Leveraging Technology to Overcome the Trust Deficit
05:39 – Financial Resilience and Protecting the Underinsured Retail Market
#Insurance #Nigeria #BusinessDay #Recapitalization
