The Nigerian Insurers Association NIA has inaugurated its 2025 Innovation Lab, a facility designed to accelerate digital solutions and reshape the insurance industry in the country.
The Innovation Lab is conceived as a hub where insurers and startups can bring ideas to life. Built as an intensive six-week accelerator, the programme will support startups from concept through to scale, guiding them in developing solutions tailored to the needs of the Nigerian market.
Speaking at the launch, NIA Chairman, Mr Kunle Ahmed, described the initiative as a turning point for the industry. He recalled that at his inauguration in October 2024, he pledged to introduce an innovation challenge that would drive the adoption of technology in the sector.
