The National Insurance Commission (NAICOM), in partnership with the National Information Technology Development Agency (NITDA) has disclosed that it is putting in place a cyber insurance framework for the country.
The disclosure was made in a statement released by the management of NAICOM in Abuja yesterday.
The statement revealed that the partnership was strengthened when the management of NITDA led by its Director General (DG), Kashifu Inuwa Abdullahi, paid a courtesy visit to NAICOM.
Abdullahi said, “The purpose of the visit is to activate the process of institutionalising cyber insurance to help strengthen the digital ecosystem in Nigeria.
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“The two agencies will fast track the framework due to its enormous benefits to the nation.”
Responding, the Commissioner for Insurance, Olorundare Sunday Thomas, said the development of the framework was part of Nigeria’s commitment to drive cyber insurance and compete globally.
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