SanlamAllianz General Insurance is granted a license by NAICOM.

SanlamAllianz General Insurance is granted a license by NAICOM.

Recently, SanlamAllianz Life and General Insurance Nigeria Ltd. in Abuja received new licenses from the National Insurance Commission (NAICOM).

The Commission’s dedication to fostering the expansion of insurance companies in the nation while maintaining stringent adherence to legal mandates was emphasized by Olusegun Omosehin, commissioner for insurance.

The Commissioner reiterated NAICOM’s dedication to removing unnecessary bottlenecks and improving the insurance industry’s overall performance. He expressed confidence that the merger would enhance the companies’ capabilities and contribute to the industry’s growth.

SanlamAllianz recently launched its operations in Nigeria, marking a significant step in the company’s Pan-African expansion.

The launch follows the merger of Sanlam and Allianz’s Nigerian operations, creating a new entity named SanlamAllianz Nigeria.

This joint venture aims to transform the Nigerian insurance landscape by offering enhanced customer experiences, innovative solutions, and improved financial inclusion

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