Cynthia Ezekwe
The Nigerian Insurers Association (NIA) has launched the Unified Nigerian Insurance Industry Portal (NIIP), an online portal that offers a streamlined process for purchasing third-party insurance in Nigeria.
The Unified NIIP is an enhanced version of the existing Nigerian Insurance Industry Portal (NIIP), designed to enable members of the public to purchase third-party Motor insurance nationwide, ushering users into a new era of efficiency in the Nigerian insurance landscape.
A statement by the NIA explained that the key feature of the NIIP is its ability to enable users to purchase, renew, and report claims on their third-party motor insurance policies entirely online, eliminating the need to visit physical locations or interact with insurance agents.
The association noted that the portal’s user-friendly design and functionality make it difficult for fake insurance papers to circulate, as users are able to verify the authenticity of their insurance documents directly on the portal. This feature is also set to reduce the number of complaints from the public about fraudulent or invalid insurance papers, improving the reputation of the insurance industry in Nigeria.
NIA emphasised that the NIIP is inclusive and easy to use, noting that individuals can purchase third-party motor insurance covers for themselves or on behalf of others. Insurance brokers and agents who are registered and licensed by the National Insurance Commission (NAICOM) can also use the NIIP to sell insurance to their clients. This makes the NIIP a versatile and valuable tool for all parties involved in the insurance industry.
“Premium payments on the NIIP platform are seamless, offering multiple payment options, including mobile banking apps, fund transfer platforms, ATM cards, and Quickteller. Once payment is made, users can conveniently print or download their certificates directly from the platform, ensuring hassle-free access to essential documentation,” the association stated.
