The National Insurance Commission (NAICOM) is among key insurance regulators in Africa that will play key role at the inaugural ‘Insurance Penetration West Africa Summit’ taking place, this October in Dubai.
This summit aims to bring together industry professionals interested in the West African Insurance scene. With recent acquisitions by companies such as AXA, Old Mutual and Sanlam, and a refocus by the government of countries like Ghana and Nigeria to stimulate non-oil sectors like insurance, there is substantial scope for future development of insurance in West African countries where insurance penetration ratios are still very low.
Organisers of the event has prepared an exceptional program and speaker line-up for the IPWA Summit with case studies, presentations, panel discussions focusing on the latest developments in the West African Insurance industry such as insights into the West African consumer, the growth of micro insurance, doing business in West Africa among others.
The event will assist stakeholders discover more about the proliferation of Takaful and Micro insurance across West Africa, understand the Regulators directly on their most up-to-date plans for their respective insurance markets and hear from industry professionals operating successful insurance businesses in West Africa despite the numerous challenges.