NIA unveils new portal to drive third- party insurance

THE Nigerian Insurers Association ( NIA) has introduced a new Unified Nigerian Insurance Industry Portal ( NIIP) to increase the adoption of third- party insurance policies.

The digital platform aims to ease and streamline the process of buying third- party motor insurance while also addressing fake insurance certificates.

The unified NIIP is an enhanced version of the existing NIIP designed to enable Nigerians to purchase the policy nationwide.

It offers unparalleled convenience and security to both insurers and the insuring public, with a myriad of benefits poised to reshape the industry.

NIA said one of the key advantages of the unified NIIP is its ability to empower individuals to buy, renew and report claims on their respective third- party motor insurance policies from the comfort of their homes and offices around the clock.

The user- friendly portal not only enhances accessibility but also significantly reduces the incidence of fake insurance papers circulating.

Addressing common queries regarding the unified NIIP, the Director General of NIA, Yetunde Ilori, said Nigerians could purchase insurance coverage for themselves or on behalf of others, using the platform.

Insurance brokers and agents duly registered and licensed by the National Insurance Commission ( NAICOM) could also use the portal to sell insurance to their clients.

According to her, premium payments on the NIIP platform are seamless, offering multiple payment options, including mobile banking apps, fund transfer platforms, ATM cards and Quickteller.