The National Insurance Commission, NAICOM and the National Information Technology Development Agency (NITDA) are set to partner on ways to activate the process of institutionalizing cyber insurance in the country.
The move according to a statement signed by the Spokesperson of NAICOM, Mr. Rasaaq Salami, is aimed to strengthen the digital ecosystem in Nigeria.
The statement noted that the agreement was reached when the Management of the National Information Technology Development Agency (NITDA) led by its Director General/CEO, Kashifu Inuwa Abdullahi, paid a courtesy visit to the Commission on Monday, in Abuja.
It Indicated further that the team was received by the Commissioner for Insurance/Chief Executive Officer, Olorundare Sunday Thomas, and his Management team.
The statement in part reads:
“The purpose of the visit is to activate the process of institutionalizing cyber insurance to help strengthen the digital ecosystem in Nigeria.
‘The two Agencies discussed the enormous benefits to the nation and have agreed to partner to ensure it is realised”.