NAICOM, FintechNGR to develop a Fintech-Insurtech adoption Roadmap

By Favour Nnabugwu

 

The National Insurance Commission, NAICOM has approved the request for FintechNGR to work with NAICOM and the ecosystem to develop a Fintech/Insurtech Adoption Roadmap for the insurance sector in Nigeria.

Recall that the Association successfully played a similar role in developing a Fintech Adoption Roadmap Policy for the Nigerian Capital Market in 2019 which has played a revolutionary role in how SEC is outstandingly regulating the sector.

The 2019 Fintech Roadmap Policy for the Capital Market has given birth to other regulations such as crowdfunding and virtual asset rules and many others that are still in the pipeline at the Commission

Cassim Hansa, Continental Re’s Head Underwriting & Claims retires June 30

By Favour Nnabugwu

 

Seven years of manning the underwriting and claims department of Continental Reinsurance Plc, Continental Re, Mr. Cassim Hansa, Group Head of Underwriting and Claims, is retiring on 30 June 2022.

Hansa is a civil engineer with an MBA from the University of the Witwatersrand (South Africa). He has over 30 years of experience in insurance and reinsurance underwriting and claims management.

Mr. Cassim Hansa is a professional civil engineer and MBA graduate (University of Witwatersrand, Jhb.) with experience in both the Engineering and Insurance Industries; in both the USA and SA. He joined Continental Reinsurance in 2014.

He has been in the insurance industry since 1989 and now has 27 years [two years of which were spent in the USA] of reinsurance/insurance underwriting and claims handling experience.

Prior to his intra-company transfer from Munich Re to the USA, he held the position of Chief Engineer carrying responsibility for all the Engineering Insurance business south of the Sahara. In the USA (2001 to 2003), he led Munich-American Risk Partner’s Property-Engineering Insurance unit in Princeton, New Jersey.