Insurance sector,NIMC partner on data management

Th e National Identity Management Commission (NIMC), would be deploying the NIMC Verifi cation Service (NVS) to the insurance and pension sectors. Th e support followed successful implementation and adoption of the platform by most fi nancial institutions in the country. Separate presentation forums were organised by the Business Development and Commercial Services (BDCS) Department, at the Training Centre of the NIMC headquarters, Abuja recently to demonstrate the verifi cation procedures, had in attendance NICON Insurance Plc, Great Nigerian Insurance Plc, Joy Sovereign Trust Insurance Plc, Custodian Life Insurance Plc,Pension Transitional Arrangement Directorate (PTAD), SIGMA Pensions Ltd, Pension Alliance Ltd, amongst others. Th e Deputy General Manager of the BDCS Department, Mrs. Carolyn Folami, while making a presentation at both forums, noted that NIMC is fully committed to its mandate to be a onestop shop for identity management in Nigeria. While noting that NIMC is meant to regulate the identity sector and all transactions related to identity, she disclosed that part of NIMC’s mandate is to work in partnership with all institutions, including the Insurance sector in Nigeria, to ensure that the National Identifi cation Number (NIN), is used for all transactions. Th e DGM stressed the importance of the National Identity Management System, and the need to harmonise insurance companies’ databases with the National Identity Database (NIDB), adding that an insurance applet, although yet to be activated, is also included on the National e-ID Card. According to her, the Application program interface (API) for the NIMC Verifi cation Service (NVS) is already being deployed to institutions like the banks, who can query the system for over 17 million people who have enrolled for NIN and have had their details captured on the National Database. Th e team leader for software development, Mr. Olushola Amurawaiye, while making the NIMC Verifi cation Service (NVS) live presentation, said it has two client interfaces – the Standalone Desktop version and the online Web version. He explained that the NVS can be incorporated into the existing organisations owned software using the NVS’ Application ProgrammeInterface (API). “At the point of query, data generated by the NVS to the organisation making such request is limited by the access levels granted by NIMC, and the levels range from 1 to 5 depending on the kind and sensitivity of the identity data to be accessed.

Leave a Reply