The National Insurance Commission (NAICOM) has expressed hope that the insurance industry is on track for a transformative leap with the introduction of AdvantageConnect.
The confidence was expressed by Mr Olorundare Sunday Thomas, the Commissioner for Insurance and CEO of NAICOM, during the unveiling ceremony of AdvantageConnect, conducted by Enterprise Life, highlighting its potential to accelerate the revolution the insurance sector eagerly anticipates.
Describing AdvantageConnect, a digital solution hailed by many as a game-changer, it as a significant milestone for Nigerians in the insurance landscape. Mr Thomas said the digital solution can revolutionise financial planning and enhance insurance accessibility across the nation.
He commended Enterprise Life for embracing digitisation, aligning with the Federal Government’s vision to fully digitise the insurance sector in Nigeria.
He said, “This is a truly innovative solution, and it aligns with our vision at the Federal Government to fully digitise insurance in the country. I commend the vision of Enterprise Life for leading in this area. With AdvantageConnect, I believe more people will have access to insurance and be brought into the financial net.”
AdvantageConnect depicts a comprehensive digital insurance channel, utilising geo-location technology to facilitate seamless interactions among customers, agents (LifePlanners), and Enterprise Life.
The app boasts features like instant cover purchases, policy management, claims handling, and premium payments, all consolidated into one convenient platform.
The CEO of Enterprise Life, Funmi Omo, underscored the company’s dedication to providing Nigerians with a user-friendly and efficient solution for their insurance needs.
She said: “AdvantageConnect is more than just an app; it’s a revolutionary platform connecting individuals with nearby LifePlanners, ensuring tailored life insurance solutions specific to their needs. We’re honoured to receive the endorsement of the Commissioner for Insurance, affirming our dedication to enhancing financial inclusion and security in Nigeria.”
Nigerians can now download AdvantageConnect on iOS and Google Play store, offering a unique opportunity to take control of their financial wellbeing with the guidance of skilled LifePlanners.
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