Less than 3 per cent of Nigerians are insured – Cubecover Survey

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According to a recent Cubecover poll, less than 3% of Nigerians are now enrolled in insurance coverage.

The company recently revealed this during a gathering aimed at increasing Nigerians’ access to insurance services.

In response, Cubecover’s CEO, Deji Macaulay, stated that the company is prepared to bridge the gap preventing access to insurance services in Nigeria, the most populous nation in Africa.

“Insurance should be accessible to everyone, not just a privileged few. Our platform simplifies the process, making insurance easier, user-friendly, and cheap for Nigerians to get the coverage they need,” he said.

Sam Ishie, the organization’s chief technical officer, highlighted the findings of a poll that the business conducted, emphasizing that less than 3% of Nigerians are currently insured.

“This is the driving force behind the strategic partnerships Cubecover has initiated to improve insurance penetration by connecting service providers, network providers, and financial institutions.”

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