---
title: NAICOM bets on insurtech to unlock untapped insurance market
description: "\"Discover how NAICOM's licensing of NETAPPS is driving insurance penetration and leveraging technology to reach a wider audience in the industry.\""
image: https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg
---

# NAICOM bets on insurtech to unlock untapped insurance market

[![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hubfs/insurance_nerds_logo.png) Insurance Nerds Editorial Team ](https://insnerds.com/news/author/insurance-nerds-editorial-team) :  Jun 29, 2026 1:59:24 AM

![NAICOM bets on insurtech to unlock untapped insurance market](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg)

## NAICOM Licenses NETAPPS to Boost Insurance Penetration

The National Insurance Commission (NAICOM) is taking steps to increase insurance penetration by licensing NETAPPS. This move is part of NAICOM's broader efforts to tap into the untapped potential of the insurance market through the use of insurtech solutions.

NAICOM is aiming to use innovative technologies in the insurance sector to reach a wider audience and enhance the accessibility of insurance services. The licensing of NETAPPS is seen as a strategic initiative to advance these goals.

**Original Source:** [https://guardian.ng/business-services/naicom-bets-on-insurtech-to-unlock-untapped-insurance-market/](https://guardian.ng/business-services/naicom-bets-on-insurtech-to-unlock-untapped-insurance-market/)

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[![NAICOM Moves to Deepen Penetration Through Licensing of a New Insurtech](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg) ](https://insnerds.com/news/naicom-moves-to-deepen-penetration-through-licensing-of-a-new-insurtech)

#### [NAICOM Moves to Deepen Penetration Through Licensing of a New Insurtech](https://insnerds.com/news/naicom-moves-to-deepen-penetration-through-licensing-of-a-new-insurtech)

![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hs-fs/hubfs/insurance_nerds_logo.png?width=30&name=insurance_nerds_logo.png) [Insurance Nerds Editorial Team](https://insnerds.com/news/author/insurance-nerds-editorial-team) : Jun 29, 2026 10:48:59 PM

NAICOM Grants Insurtech License to NETAPPS The National Insurance Commission (NAICOM) announced it has granted a Partnering Insurtech licence to...

[Read More](https://insnerds.com/news/naicom-moves-to-deepen-penetration-through-licensing-of-a-new-insurtech)

[![NAICOM rolls out new regulatory framework for Insurtech firms to accelerate digital innovation](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg) ](https://insnerds.com/news/naicom-rolls-out-new-regulatory-framework-for-insurtech-firms-to-accelerate-digital-innovation)

#### [NAICOM rolls out new regulatory framework for Insurtech firms to accelerate digital innovation](https://insnerds.com/news/naicom-rolls-out-new-regulatory-framework-for-insurtech-firms-to-accelerate-digital-innovation)

![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hs-fs/hubfs/insurance_nerds_logo.png?width=30&name=insurance_nerds_logo.png) [Insurance Nerds Editorial Team](https://insnerds.com/news/author/insurance-nerds-editorial-team) : Jul 30, 2025 5:40:41 PM

NAICOM Introduces New Framework for Insurtech in Nigeria The National Insurance Commission (NAICOM) has taken significant steps to update Nigeria's...

[Read More](https://insnerds.com/news/naicom-rolls-out-new-regulatory-framework-for-insurtech-firms-to-accelerate-digital-innovation)

[![NAICOM issues Nigeria’s first insurtech licence](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg) ](https://insnerds.com/news/naicom-issues-nigerias-first-insurtech-licence)

#### [NAICOM issues Nigeria’s first insurtech licence](https://insnerds.com/news/naicom-issues-nigerias-first-insurtech-licence)

![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hs-fs/hubfs/insurance_nerds_logo.png?width=30&name=insurance_nerds_logo.png) [Insurance Nerds Editorial Team](https://insnerds.com/news/author/insurance-nerds-editorial-team) : May 27, 2026 12:52:04 AM

NAICOM Grants Nigeria’s First Insurtech Licence The National Insurance Commission (NAICOM) has issued Nigeria's first operational insurtech licence....

[Read More](https://insnerds.com/news/naicom-issues-nigerias-first-insurtech-licence) 

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