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NIA unveils five-year ACE strategy to boost insurance penetration
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BizWatchNigeria.Ng
Key PointsNIA will implement a five-year Awareness, Capacity Building and Enforcement (ACE) agenda.
The strategy will target public awareness, industry capacity and compliance with compulsory insurance.
Main StoryThe Nigerian Insurers Association (NIA) is set to implement a five-year strategy aimed at increasing insurance penetration through greater public awareness, stronger industry capacity and improved enforcement of compulsory insurance policies.
She said the strategy, known as the Awareness, Capacity Building and Enforcement (ACE) agenda, was designed to move the insurance industry from potential to performance.
Bottom LineThe NIA’s ACE strategy combines awareness, stronger industry capacity, enforcement and technology in an effort to expand insurance participation and improve confidence in the sector.