The National Insurance Commission (NAICOM) has unveiled Operational Guidelines to serve as a working document to register, supervise and monitor web aggregators as Insurance Intermediary who maintains a website for providing information on products of different Insurers.
- In exercise of the powers conferred by the National Insurance Commission Act 1997, the Commission hereby issues Insurance Web Aggregators Operational Guidelines.
- This Guidelines comes into effect on the date of release to the insurance industry and the public.
- This Guidelines shall apply to all Web Aggregators and Insurers respectively carrying on insurance business in Nigeria.
- This Guidelines shall be read in conjunction with other relevant Legislation, Guidelines and Circulars as determined to be applicable to the newly inclusive distribution channels approved by the Commission.
- It is the responsibility of Web Aggregators to obtain any clarification required on the applicability of this Guidelines, and any other Regulations from the Commission.
