NAICOM approves GOXI as State Composite Microinsurance coy

In its drive to ensure insurance market development through enhanced access points for Insurance services in Nigeria, the National Insurance Commission (NAICOM) has granted approval to GOXI Microinsurance Company Limited to operate as a State Composite Microinsurance firm transacting Life and General Micro insurance business in Lagos state only. 

This is one of several applications received in the Commission from individuals and corporate entities requesting approval for registration as Micro Insurance operators. 

Assistant Director, Corporate Affairs of NAICOM, Salami Rasaq in a statement on Tuesday in Abuja said GOXI Microinsuranoe Company Limited thus becomes the first full fledged standalone Micro Insurance Operator in Nigeria. 

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