Digitalisation of marine insurance

The National Insurance Commission (NAICOM) and the Nigerian Central Bank (CBN), have authorized the Nigerian Insurers Association (NIA) to digitize the marine insurance certificate.

According to Tope Smart, president of NIA, this measure's objective is to develop marine insurance and further contribute to the country's gross domestic product (GDP). The operation is also a first step towards the adoption of new technologies in insurance.

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