2026 Inaugural Annual Insurance Week at NAU, Awka on Tuesday

The Nigerian Council of Registered Insurance Brokers has identified exclusion of pensions and micro insurance drivers, lack of technology as well as ignorance as reasons for low insurance penetration in Nigeria.

2026 Inaugural Annual Insurance Week at NAU, Awka on Tuesday

The President, NCRIB, Mrs Ekeoma Ezeibe, raised the concerns on Tuesday at Nnamdi Azikiwe University, Awka, Anambra State during the 2026 Inaugural Annual Insurance Week.

She regretted that insurance penetration of other countries, including South Africa and Kenya were far higher than that of Nigeria.