Small businesses and vulnerable households in Nigeria are set to benefit from fresh ideas on how to expand access to microinsurance at Goxi Microinsurance’s Third Annual Conference in Lagos.
The event, holding next Wednesday at Radisson Blu Hotel, Ikeja, will be held in partnership with the microinsurance network, an international multi-stakeholder platform for experts to work on key development areas in inclusive insurance
The theme: “Reflection on Microinsurance in Nigeria for Inclusive Growth,” will drive discussions on how affordable insurance can shield low-income families, traders and MSMEs from unexpected financial shocks.
Goxi Microinsurance has a track record of paying out claims to victims of market fires, accidents, and social crises. In the last five years, the company paid over N636 million claims to vulnerable low income holds in Nigeria.
“Microinsurance in Nigeria has come a long way, but we must do more to ensure that vulnerable households and small businesses are adequately protected,” said Shina Gbadegesin, managing director.
Industry watchers note that many traders still operate without protection, leaving them exposed when disasters strike. The conference will explore digital solutions, gender-focused products, and community partnerships that can close this gap and support economic growth
“When a market fire or accident happens, insurance should not be a luxury. It should be a lifeline,” said Gbadegesin.
Goxi’s efforts have earned it recognition, with awards as Leading and Excellent Microinsurance in Nigeria.
This edition will bring together thought leaders and industry stakeholders for impactful sessions, exhibitions, and networking.
