How to Get Approval for Insurance Company in Nigeria

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Get Approval for Insurance Company in Nigeria By Yourself

  • The applicant must visit the Nigerian Insurance Commission to apply in person for approval of an Insurance Company.
  • Below is the contact link address
  • The applicant must prepare a Letter of Intent as a preliminary step and send it to the NAICOM Office.
  • The commission will respond to the letter by asking for a list of documents and information. These can be found under the “Required Documents” section on this page.
  • The applicant must then visit the office to obtain a Registration Form from the appropriate department.
  • Please complete the registration form as directed and submit it to the office with any required documents.
  • Next comes the verification stage, where the commission verifies the financial stability of the company and its technical competence.
  • The Commission will therefore require documents that demonstrate the criteria above.
  • After all the information provided by the applicant has been deemed sufficient, the application will be subject to a Pre-registration interview.
  • The notice of registration becomes public after that.
  • If there is no opposition to the notice, a letter of success will be sent to the applicant. The applicant will then be asked to pay the registration fees.
  • The applicant must pay the fee and bring the receipt to the office. Upon receipt of the payment proof the applicant will be issued the Certificate of Registration.

Documents Required For Get Approval for Insurance

For requirements, see the following page: – Required documents list

Find Office Locations and Contacts

National Insurance Commission. Plot 1239.
Ladoke
Akintola Boulevard
Garki II Abuja.
Email: contact@naicom.gov.ng
Website Link


Contact link

What are all the Eligibility

Any organisation that wants to offer insurance services in Nigeria can apply.

Fees

Information about fees can be obtained from the office.

Requirements Information

  • First and last names
  • Mobile number and email address
  • Date of birth
  • Applicant Identification document number
  • Register number
  • Address of the office
  • LGA and the State
  • Premises Registration Number
  • Particulars about the directors
  • Year of establishment
  • Bank details

You will need the document

A company that wants to offer insurance services in Nigeria must get approval from the National Insurance Commission.

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