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United Capital Securities Calls for Insurtech Adoption At CEO Roundtable Breakfast Forum

“United Capital Securities Ltd, a subsidiary of leading Pan-African Investment Bank and Financial Services company, United Capital Plc, recently hosted the second edition of its CEO Roundtable Breakfast Forum, focusing on ‘Insurtech Adoption.’ This forum brought together industry leaders, policy makers, and key regulators in the insurance sector to discuss and explore ways to leverage technology to accelerate the growth and development of the insurance sector in Nigeria.”

Themed “Technology as a Critical Driver of Growth and Transformation in the Nigerian Insurance Landscape”, the forum was designed to provide a platform for stakeholders to discuss and explore ways to leverage technology to accelerate the growth and development of the insurance sector in Nigeria.

The event commenced with a welcome address by the Group CEO, United Capital Plc, Mr. Peter Ashade who proceeded to introduce the keynote speaker, Mr. Sunday Olorundare Thomas, Commissioner for Insurance and CEO of the National Insurance Commission (NAICOM). In his keynote address, the Commissioner commended United Capital Securities Ltd for catalyzing the discourse on Insurtech and highlighted the strategic measures adopted by the commission to promote innovation in the sector. The duo subsequently engaged in a fireside chat where they explored the pivotal role of technology in driving efficiency, transparency, and inclusion in the industry.

The forum also featured a panel of thought leaders and subject matter experts who participated in an interactive discourse on the role of the government and regulators in fostering the adoption of innovative technologies in the insurance industry, strategies for mitigating cybersecurity risks in the age of digital transformation and leveraging technology to enhance financial literacy and insurance penetration among underserved communities. The panelists included Mr. Niyi Onifade, Chief Executive Officer, Heirs Life Limited, Professor Olayinka David-West, Associate Dean and Professor of Information Systems, lagos Business School | PanAtlantic University, Mr. Ayokunle Olubunmi CFA, Head, Financial Institutions ratings, Agusto & Co, and Mr. Gbenro Dara, Founder/CEO, Octamile.

Speaking about the forum, Mr. Peter Ashade, Group CEO, United Capital Plc said “At United Capital Plc, we are ardent proponents of the transformative power of technology and innovation, which are the anchor of all our initiatives. We believe that technology has the potential to revolutionize the Nigerian financial landscape, including the insurance sector, by making it more

accessible, affordable, and inclusive for all Nigerians. We are confident that the insights and ideas shared at this forum will catalyze the acceleration of technology adoption in the insurance industry and usher in a more vibrant and inclusive insurance landscape for all.”

About United Capital

United Capital Plc remains a leader in the financial and investment services space, with a mission to provide bespoke and innovative value-added services to its clients. The group aims to transform the African continent by providing innovative and creative investment banking solutions to governments, companies, and individuals.

The group is listed on the Nigerian Exchange Limited (NGX) and is at the forefront of becoming the financial and investment role model across Africa by leveraging on innovation, technology, and specialist skills to exceed client expectations, while creating more value for all stakeholders.

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