By Rosemary Iwunze

CBI Partnering Insurtech Limited, the first web aggregator licensed by the National Insurance Commission, NAICOM, has said that its target is to make insurance accessible to all Nigerians.

To this end, the company, which is a subsidiary of Baywood Holdings Limited, has unveiled an app-driven, web-based marketplace built to dismantle the traditional bottlenecks of the local insurance sector.

Speaking at a media briefing, Executive Chairman of the company, Emperor Chris Baywood Ibe explained that the platform was designed with the modern mobile consumer in mind, ensuring that insurance is easy to discover, purchase, and manage from anywhere.

Ibe said: “Whether you are at home, in the office, or traveling across the country, insurance should be entirely accessible via your mobile devices.

“For decades, adoption in Nigeria has been constrained not by an absence of products, but by accessibility, complexity, and a lack of customer confidence. We are changing that by bringing the entire ecosystem onto a single digital interface.”

While stating that CBI Partnering Insurtech Limited will provide the platform for insurance operators to reach all Nigerians, Ibe stated: “We are going to provide them with a whole lot of technology backups, and as a technology company, we have built our own Application Programming Interfaces (APIs). So not only are we providing platform, we are going to support them and do a handholding. So in today’s world, if you are not embracing technology, you are almost dead. So whether you are an individual seeking help, travel or life insurance, a growing business looking to protect operations or a large corporate organization, managing complex insurance requirements, the platform has been designed with you in mind. Whether you are at home, in the office, traveling across the country, insurance should be accessible even with your mobile devices.

“Our goal is simple, to make insurance easier to discover, easier to purchase, easier to manage, and ultimately, easier to claim.

“Long before receiving approval, we invested in building technology, developing infrastructure, and preparing for scale. Scale is here today. As we move forward, our focus remains clear. Deepen insurance adoption, strengthen insurance partnership, support faster and more seamless claims experiences, and make protection more accessible to millions of Nigerians.”