The Conveners
EnterpriseNGR
The foremost member-led organisation representing Nigeria’s highly diverse FPS sector
Leadway Assurance
One of Nigeria’s foremost insurance service companies, with a reputation for service efficiency and customer reliability.
Lagos Chamber of Commerce and Industry
The representative organ of the business community, a leading voice of the Organised Private Sector in Nigeria
Nigerian Insurers Association
Contributing to government policies on the supervision of the insurance sector
Custodian
A leading Nigerian conglomerate that invests in growth-oriented companies providing investors with access to a strong and diversified portfolio
Olaniwun Ajayi LP
A leading corporate law firm with over 60 years of experience, renowned for advising on high-stake transactions across key sectors
Tangerine
A leading provider of insurance solutions, dedicated to enhancing the financial security of individuals and businesses across Nigeria
PwC Nigeria
Helping clients build trust and reinvent so they can turn complexity into competitive advantage
Meet the Facilitators
PURPOSE OF THE SESSION
The Insurance Sector Transformation Consultative Forum is a high-level, closed-door
engagement convened to drive transformative change in Nigeria’s insurance sector.
The session brings together C-suite executives, regulators, policymakers, and key
ecosystem stakeholders to develop consensus-driven solutions that will accelerate
sector growth, improve consumer trust, support sector reforms—particularly the new
Insurance Reform Act—and strengthen the industry’s contribution to the Nigerian
economy.
Despite gross premiums reaching ₦1.56 trillion as of 2024, the sector continues
to face significant challenges, including low penetration, limited consumer trust,
regulatory bottlenecks, slow innovation, and underperformance, with investible
funds remaining below ₦5 trillion. Increasing insurance penetration has remained a
persistent challenge, underscoring the need for viable and sustainable strategies to
unlock growth and enhance the sector’s economic impact.
This Forum seeks to move beyond diagnosis to coordinated collective action that will
accelerate reforms, strengthen consumer confidence, and drive sustainable industry
growth.
Session Objectives
Build a Unified Industry Voice
The Forum aims to align key stakeholders around shared goals for sector growth, including increasing insurance penetration from 0.44% to 1.5% within two years. This will require collective commitment and coordinated action
Present Evidence to Guide Discussion
Insights from desk research and stakeholder surveys will be shared to ensure conversations are based on data, real industry experiences, and identified gaps
Encourage Open Discussion on Key Challenges
The session will encourage honest dialogue on major issues such as low trust, weak enforcement, limited innovation, and distribution constraints that continue to limit growth
Facilitate Dialogue
Enable open discussions on key challenges hindering sector growth and development.
Define Priority Goals
Establish five clear priority goals with timelines and accountability measures.
Collaborative Framework
Build sustained engagement between operators, regulators, and policymakers.
Forum Objectives
- Build a Unified Industry Voice
- Present Evidence to Guide Discussion
- Encourage Open Discussion on Key Challenges
- Agree on Practical Solutions
- Set Clear and Time-Bound Priorities
- Establishing ongoing collaboration
- Providing Actionable Recommendations
Meeting Agenda
Date
Thursday, 5th March 2026
Time
9:00 AM - 2:00 PM (WAT)
Venue
Victoria Island, Lagos
9:00 AM
Arrival, Registration & Breakfast
10:00 AM
National Anthem
10:05 AM
Opening Remarks
Aigboje Aig-imoukhuede CFR Chairman, EnterpriseNGR
10:15 AM
LIFC Documentary
10:20 AM
Keynote Address
Special guest of honour – Senator Adetokunbo Abiru, Chairman, Senate Committee on Banking, Insurance and other Financial Institutions
10:30 AM
Special Remarks
Guest of honour – Olusegun Ayo Omosehin Commissioner for Insurance (NAICOM)
10:40 AM
Goodwill Messages
Yetunde Olubunmi Ilori, FIIN President/Chairman of Council (CIIN)
10:45 AM
Platinum Sponsor Address 1
10:50 AM
Plenary 1
Jonathan Aluju (Partner) Olaniwun Ajayi LP
11:10 AM
Platinum Sponsor Address 2
11:15 AM
Plenary 2
PwC
11:35 AM
Platinum Sponsor Address 3
11:40 AM
Breakout Group Discussions
12:40 PM
Breakout Group Presentations
Group Rapporteurs
1:10 PM
Plenary Alignment & Consensus Session
EY (Moderator)
1:45 PM
Closing Remarks
Obi Ibekwe CEO, EnterpriseNGR
2:00 PM
Closing, Lunch & Networking
All Participants
Impact at a Glance
Training and Placements
Over 2,400 young graduates trained, with a 90% placement rate — connecting talent to high-value, career-launching roles across leading organisations
Mentorship
120+ seasoned professionals have volunteered as mentors, providing personal guidance and professional insight that accelerates interns' growth
Employer Network
A trusted network of 40+ top-tier employer partners across finance, insurance, and professional services — demonstrating strong industry confidence in the programme
Employment Outcomes
60% of YOE alumni are in paid employment — with 71% securing roles beyond YOE partners and 29% retained by their internship employers
Young Nigerian Professionals
For more inquires kindly reach out to insuranceproject@enterprisengr.com
