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NIA Moves to Sanitize Operations with Unified NII

Underwriters under the aegis of the Nigerian Insurers Association (NIA) have unveiled the Unified Nigerian Insurance Industry Portal (NIIP) in a bid to reform third-party insurance purchase, eliminate complaints and ward off fake insurance certificates issued by dubious elements.

The innovative digital platform, launched recently, aims to ease and streamline the process of purchasing third-party motor insurance cover at the same time address fake insurance certificates issued by duplicitous persons in the market.

The Unified NIIP is an improved version of the existing Nigerian Insurance Industry Portal (NIIP), designed to enable members of the public to purchase Third-Party Motor insurance across the country, which offers unequal convenience and security to both insurers and the insuring public, with lots of benefits embedded to revamp the industry.

A key benefit of the Unified NIIP, according to NIA, is its ability to empower individuals to buy, renew, and report claims on their respective third-party motor insurance policies from the comfort of their homes, offices, schools or any other location 24/7 using the internet services.

The group, in a statement, said the user-friendly portal not only enhances accessibility but also largely reduces the incidence of fake insurance papers circulating in the country, adding that, among its array of benefits is that the portal is poised to eliminate or substantially reduce complaints from the public.

Addressing common queries regarding the Unified NIIP, NIA emphasised its inclusivity and ease of use. Individuals can purchase Third-Party Motor Insurance covers for themselves or on behalf of others as insurance brokers and agents duly registered and licensed by the National Insurance Commission (NAICOM) can also use this portal to sell insurance to their clients.

“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 hitch-free access to essential documentation,” they affirmed.

Believing that the portal will have a highly transformative impact on the insurance market, NAI added that, with the platform’s innovative features, the Unified NIIP is designed to enhance customer experience and usher in a new era of efficiency in the Nigerian insurance outlook.

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