Building the Infrastructure for a Digitally Enabled Insurance Industry | NIA Innovation Lab Panel Session

This robust conversation was held at the inaugural Nigerian Insurers Association Insurance Innovation Lab Demo Day held on the 9th of December, 2025 at Victoria Island, Lagos.

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Nigeria’s insurance industry is at a critical turning point, with NIIRA 2025 and NAICOM’s digital compliance directives pushing the market toward unified data standards, interoperable systems, and transparent digital processes. Yet without shared rails—such as industry-wide eKYC, claims data exchange, and common APIs—the sector cannot truly scale digital insurance.

This panel session, held during the NIA Innovation Lab Demo Day, explores the essential digital foundations the industry must prioritize now and how the Nigerian Insurers Association (NIA) Innovation Lab is already advancing this vision by co-creating practical solutions with insurers, developing industry-wide prototypes, and demonstrating what a collaborative digital future for insurance can look like.

Speakers
Adetola Adegbayi - Founder, Mutual Specialists & Chair, NIIRA 2025 Digitalization Working Group
Abel Adebayo - Head, Information Technology at SanlamAllianz Nigeria
Lekan Oguntunde - Head of Information Technology at Sovereign Trust Insurance Limited
Rashidat Adebisi - Ex Country Manager at AXA Nigeria
Adedamola Oloko - Chair of NIA Innovation Lab Sub-Committee (Moderator)

Check out our free resources on InsurTech ecosystem and innovation in the African Insurance space here https://linktr.ee/insurtechbusinessseries

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