NAICOM boss commends Enterprise Life on launch of AdvantageConnect App

The Commissioner for Insurance and Chief Executive Officer, National Insurance Commission (NAICOM), Mr. Olorundare Sunday Thomas, has commended the Enterprise Life for the launch of AdvantageConnect describing it as a significant game-changer for Nigerians in the insurance landscape.

The Commissioner’s endorsement comes as Enterprise Life launches its innovative digital AdvantageConnect, a digital insurance channel, which caught the attention of regulatory authorities, with Mr. Thomas expressing his enthusiasm for the platform’s potential impact on the nation’s insurance sector.

The Commissioner commended Enterprise Life for taking bold steps towards digitising and enhancing the accessibility of insurance products in line with the federal government’s vision.

 “This is a truly innovative solution, and it aligns with our vision at the federal government to fully digitize insurance in Nigeria,” stated Mr. Olorundare Sunday Thomas, the Commissioner of Insurance and Chief Executive Officer of the National Insurance Commission. “I commend the vision of Enterprise Life for leading in this area. With AdvantageConnect, I believe more people will have access to insurance and be brought into the financial net.”

AdvantageConnect is designed as a comprehensive digital insurance channel, leveraging geo-location technology to facilitate seamless interactions between customers, agents (LifePlanners), and Enterprise Life. The app offers features such as instant cover purchases, policy management, claims handling, and premium payments – all in one convenient platform.

Chief Executive Officer of Enterprise Life, Funmi Omo, emphasised the company’s commitment to providing Nigerians with a user-friendly and efficient solution for their insurance needs. 

“AdvantageConnect is more than just an app; it’s a revolutionary platform connecting individuals with nearby life planners, ensuring tailored life insurance solutions specific to their needs. We’re honoured to receive the endorsement of the Commissioner of Insurance, affirming our dedication to enhancing financial inclusion and security in Nigeria.”