The National Insurance Commission (NAICOM) announced it has granted a Partnering Insurtech licence to NETAPPS, a new insurtech firm. This move aligns with NAICOM's efforts to enhance insurance penetration and accessibility in Nigeria through digital innovation. Additionally, the commission emphasized a step towards increasing regional collaboration within the African insurance sector.
Original Source: https://www.nigeriacommunicationsweek.com.ng/naicom-moves-to-deepen-penetration-through-licensing-of-a-new-insurtech/