Nigeria Insurance Industry Reform Act 2025
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Legislation aimed at expanding access and improving consumer protections in Nigeria's insurance sector.
News published about Nigeria Insurance Industry Reform Act 2025
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Sim Shagaya’s Myka wants to do for insurance what agency banking did for fintech
TechCabal - Jun 09, 2026
Over 70% of Nigerians are uninsured as of 2025, according to the NCRIB. Sim Shagaya launched Myka, a digital broker that allows consumers to purchase insurance from multiple providers.
National Insurance Commission (NAICOM)MykaNigerian Council of Registered Insurance Brokers (NCRIB)Ventures PlatformNigeria Insurance Industry Reform Act 2025
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