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NAICOM Migrates From Manual To Online Operations - The Revealer
Insurance

NAICOM Migrates From Manual To Online Operations

The National Insurance Commission (NAICOM) has announced the migration of its operations from manual to online  through its  Portal with  effect from today, Wednesday September 1, 2021.

The Commission made this known in circular to insurance institutions signed by  the Director, Policy & Regulations at NAICOM, Mr. Leonard M. Akah.

According to the Circular, “the Commission will transit from manual to online processing and all operational activities or issues concerning insurance institutions that requires the Commission’s attention, comment and approval will be submitted and processed via the NAICOM Licensing System.

“Consequently, all insurance institutions are required to align their operations to the NAICOM Portal for submission and processing of all requests such as Certificate of Registration/Renewal, Approval-in-Principle (AIP), Product Authorisation, Micro Insurance, Takaful Insurance, Letter of Request, Financial Statement Approval, Enforcement Actions, Governance and Complaint issues etc.”

While calling for maximum compliance by all and sundry to above directives, the Commission stated categorically clear that “no manual submission/request would be entertained with effect from Wednesday, September 1, 2021, except online through the designated portal.”

Edet Udoh

We are The Revealer, a general online news platform based in Nigeria. Our focus amongst others is to provide credible, factual, well researched and balanced news and articles for our teeming readers in business, governments, politics, engineering, science, religion, technology etc. Edet Udoh is the Managing Editor. He is an experienced media person. He has worked extensively with the Champion Newspapers, The Authority Newspapers and the Blueprint Newspaper before starting Revealer Online News platform in 2018. He can be reached with this email address: edetudoh2003@gmail.com or via these phone numbers 08061246427 and 08170080488

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