The National Insurance Commission (NAICOM) has granted an operational license to CBI Partnering Insurtech Ltd, marking a significant milestone as it becomes the first fully licensed partnering insurtech company in Nigeria. This decision aligns with the country's evolving insurance regulatory framework, aimed at fostering innovation within the sector. NAICOM's initiative underscores its commitment to adapting to technological advancements in the insurance industry while ensuring compliance with regulatory standards. The licensing of CBI Partnering Insurtech Ltd is expected to enhance the landscape of insurance services in Nigeria.
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