Empowering Nigeria's Insurance Industry for Sustainable Growth​

Driving Stability and Innovation In Insurance

Your Partner in Insurance Regulation and Growth

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Building Confidence in Nigeria’s Insurance Landscape​

Dear Stakeholders and Visitors,

It is my privilege to welcome you to the official platform of the National Insurance Commission (NAICOM)—your gateway to Nigeria’s dynamic insurance industry. At NAICOM, we are driven by a mission to foster resilience, transparency, and sustainable growth within the sector. This platform is designed to connect stakeholders, provide vital resources, and promote dialogue that enhances trust and innovation across the industry.

With our unwavering commitment to regulatory excellence, we ensure a fair, competitive, and inclusive insurance market that supports Nigeria’s economic development. We take pride in safeguarding policyholder interests while encouraging industry advancement to create a stronger foundation for all.

I encourage you to explore the wealth of information available here, engage with our initiatives, and join us in building a thriving insurance ecosystem. Together, we can drive progress, strengthen confidence, and build a future of shared prosperity.

Thank you for your continued trust and collaboration.

Warm regards,

Olusegun Ayo Omosehin 
Commissioner for Insurance / CEO NAICOM

NAICOM Commissioner and Aviation Minister Collaborate to Curb Capital Flight and Drive GDP Growth

Your Partner in Insurance Regulation and Growth

The National Insurance Commission (NAICOM) is Nigeria’s apex regulatory body for the insurance industry, established in 1997 by the NAICOM Act. With a mandate to ensure the effective administration, supervision, regulation, and control of insurance practices, NAICOM plays a pivotal role in safeguarding policyholders, promoting industry growth, and supporting Nigeria’s economic development.

Guided by a vision of creating a globally competitive insurance industry, NAICOM is committed to fostering transparency, professionalism, and trust within the sector. We set standards for the conduct of insurance business, approve rates, protect government and private assets, and regulate interactions between local and international insurers.

Committed to Compliance & Excellence

NAICOM provides a comprehensive framework for guiding insurers, agents, and stakeholders. Our policies focus on licensing, claims management, corporate governance, and consumer rights.

Our Mandate

We regulate insurance operations, promote sound practices, and oversee adherence to laws that uphold market integrity and protect policyholders.

Values

We subscribe to the values of professionalism, transparency, integrity, consistency, and effectiveness in the pursuit of our vision
 

Our Partners

Insurance Policy Portal System

Meet Our Expert Team

At NAICOM, our team of dedicated Directors and staff exemplifies excellence in every aspect of their work. With a shared commitment to driving the Nigerian Insurance Industry forward, we are at the forefront of innovation and progress.

Together, we are shaping the future of insurance in Nigeria, leveraging technological advancements to deliver superior oversight, regulation, and development.

Our team’s expertise and passion ensure that we are well-equipped to navigate the evolving landscape of the insurance sector and lead it into a new era of efficiency and growth.

NAICOM TEAM

Driving Insurance Excellence, Empowering the Future.

Mr. Ekerete Ola Gam-Ikon

Deputy Commissioner for Insurance Finance & Admin

Dr. Usman Jankara Jimada

Deputy Commissioner for Insurance Technical

A Glimpse into Our Journey

Resources

Stay informed with the latest developments from the National Insurance Commission (NAICOM). Our news section provides regular updates on key initiatives, regulatory changes, and industry trends shaping Nigeria’s insurance sector.

NAICOM’s Role in Driving Innovation in Nigeria’s Insurance Industry
09Dec

NAICOM’s Role in Driving Innovation in Nigeria’s Insurance Industry

The insurance industry is evolving, and NAICOM is at the forefront of driving…

Understanding Compulsory Insurance in Nigeria: What You Need to Know
09Dec

Understanding Compulsory Insurance in Nigeria: What You Need to Know

Insurance is a key part of managing risks, and in some cases, it’s…

Protecting Your Future and Assets
09Dec

Protecting Your Future and Assets

Insurance is a safety net that provides financial security in times of uncertainty.…

The National Insurance Commission (NAICOM), established by the 1997 Act, regulates and supervises Nigeria’s insurance sector while protecting policyholders and beneficiaries.

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Head Office

Plot 1239, Ladoke Akintola Boulevard, Garki II Abuja.​

+234 (09) 875-6021

contact@naicom.gov.ng

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