The National Insurance Commission (NAICOM) has switched to full digital operations of all its processes beginning from September 1.

The Director, Policy and Regulation at the commission, Mr L.M. Akah made this known in a statement he signed on behalf of the Commissioner For Insurance, Mr Thomas Sunday.

The statement says the full digitisation is to pave way for efficient and effective service delivery.

The statement reads,

“The import of the adjustment is that effective from 1st September 2021, NAICOM operations will transit from manual to online processes and all operational activities and issues concerning insurance institutions that requires the Commission’s attention, comment or approval will be submitted and processes via the NAICOM licensing system.

“Subsequently, all insurance institutions are required to align their operations to NAICOM portal for submission and processing of all requests such as certificate of registration/renewal, Approval-In-Principle (AIP), Product Authorization, Micro Insurance, Takaful Insurance, Letter of Request, Financial Statement Approval, Enforcement Actions, Governance and Compliant Issues etc.

“Take note that there shall be no manual submission of request/applications effective from 1st September, 2021 except online through the designated portal.

The statement further said that all enquires on adjustment of NAICOM’s operations should be sent to