Casava, Nigeria's pioneering fully digital insurance company, has been announced as a proud sponsor and Official Insurer of the highly anticipated "Insurance Meets Tech 2023" (IMT 2.0) conference. Scheduled to be held on September 28 - 29, 2023, at the Civic Centre, Ozumba Mbadiwe, Victoria Island, in Lagos, Nigeria, the IMT conference is set to bring together leaders and innovators at the intersection of insurance and technology.
Casava will automatically extend a special health cash coverage offer to all IMT 2.0 delegates and participants in this remarkable partnership, fostering peace of mind for an entire month. This initiative underscores Casava's unwavering commitment to the well-being of conference attendees and its dedication to making insurance accessible and beneficial to all.
Bode Pedro, CEO of Casava, expressed his enthusiasm about the conference and the insurance coverage offering: "Casava is not only proud to sponsor the IMT conference but also excited to take our commitment to the well-being of our community one step further. As the Official Insurer of this prestigious event, we are pleased to offer health cash coverage to all registrants for a full month. It's a testament to our dedication to improving lives through innovative insurance solutions.
Odion Aleobua, the Convener of Insurance Meets Tech Conference, commented on the collaboration: "We are delighted to have Casava as the Official Insurer of the IMT conference. Their commitment to the well-being of our attendees aligns perfectly with our mission to create a positive and enriching conference experience. This health cash coverage offering adds significant value to our participants."
IMT 2.0, which has already onboarded delegates from 25 organisations in insurance, tech, telecoms and other ancillary sectors, will feature a diverse lineup of keynote speakers, panel discussions, and workshops focusing on emerging trends, challenges, and opportunities in the insurance and technology sectors. Attendees can now gain valuable insights and enjoy the added security of health cash coverage courtesy of Casava.
Casava's sponsorship and health cash coverage initiative demonstrates its commitment to fostering innovation, collaboration, and excellence within the insurance industry while making a meaningful impact on the lives of conference attendees. Casava joins the league of prestigious sponsors for the event, including - Microsoft, Leadway, Old Mutual, and aYo Nigeria.
For more information about the "Insurance Meets Tech" conference and to register for the event, visit insurancemeetstech.com/register or call 07083439552.
Leading Tech and Insurance Companies Collaborate to Elevate Insurance and Insurtech at this landmark West African Tradeshow
The stage is set for the most significant convergence of insurance, insurtech, regulators and tech stakeholders in West Africa as leading tech and insurance brands - such as Microsoft, Leadway Assurance Company Limited, aYo Nigeria, and Old Mutual have been onboarded as sponsors, while partnership discussions are advancing to onboard more brands and organisations ahead of the eagerly anticipated INSURANCE MEETS TECH (IMT) Conference. This prestigious event is poised to take place over two days, featuring influential speakers, live demonstrations, masterclasses, and unparalleled networking opportunities.
The conference is scheduled to be held at the Civic Centre, Ozumba Mbadiwe, Victoria Island, Lagos, drawing in over 3000 participants, including industry leaders, tech innovators, thought pioneers, and policy influencers. From September 28 to September 29, 2023, the venue will come alive with insightful discussions, groundbreaking product showcases, and an electrifying collaborative learning atmosphere.
Odion Aleobua, the Convener of INSURANCE MEETS TECH (IMT), expressed his excitement about the monumental collaboration of these industry giants. He stated, "We are thrilled to have Microsoft, Leadway, aYo Nigeria, and Old Mutual already as our esteemed sponsors for this year's event. Their participation underscores the growing importance of the convergence with technology in revolutionising Nigeria's insurance landscape. This conference is a unique platform that brings together visionaries, experts, and enthusiasts to chart the future course of insurance and insurtech in West Africa."
With more than 50 distinguished speakers, 20 live demos, and insightful masterclasses, attendees can anticipate a transformative experience. The event will showcase cutting-edge insights and innovations at the intersection of insurance and technology. Power-packed plenary sessions, captivating waterfront exhibitions, VIP networking lounges, and innovation hubs will provide an all-encompassing journey through the evolving landscape of the insurance industry.
This year, INSURANCE MEETS TECH (IMT) aims to foster collaboration, inspire innovation, and facilitate dynamic discussions that will shape the future of insurance and insurtech in the region. Attendees can register for the event by visiting insurancemeetstech.com and securing their spot at this transformative movement's forefront.
"We are excited to bring together the brightest minds from both insurance and technology to explore how these industries can collaborate for mutually beneficial outcomes. The registration process promises to be seamless and user-friendly, ensuring that interested individuals and organisations can easily join this transformative gathering.
Meanwhile, already confirmed Official Media Partners for this year’s edition of INSURANCE MEETS TECH (IMT) are Nigeria’s leading financial newspaper, BusinessDay; Nairametrics; Techpoint Africa and Tech Economy.
For media inquiries, sponsorship opportunities, and further information, please get in touch with Odion Aleobua at 0902 222 2226, Precious at 0708 343 9552 or email inquiries@insurancemeetstech.com.
50+ Speakers; 20+ Demos and Masterclasses, and about 3,000 participants expected
As the highly anticipated second edition of Insurance Meets Tech (IMT 2.0) scheduled to take place on September 28 and 29, 2023, at the Civic Centre Victoria Island, Lagos, approaches, the event's organisers have announced the official commencement of the registration phase for participants.
According to Modion Communications, the two-day Conference and Exhibitions conveners, the registration portal will officially open to prospective delegates on Friday, August 18, 2023, on IMT.20 official website https://insurancemeetstech.com/.
When open, Delegates and VIP Delegates would be able to seamlessly register and pay the Conference Early-bird fee of N20,000 and N50,000, respectively, on the portal.
According to Precious
Ubah, IMT Conference and Tradeshow Director, the event will feature
50+ Speakers, 20+ Demos and Masterclasses, and about 3,000
participants expected to grace the tradeshow.
She added that IMT.20 would converge policymakers, regulators, keynote speakers, and sector leaders in six robust panel discussions. There will be VIP and Delegates Lounges, Water-front Exhibitions, Masterclasses and Demo Day Hubs to share ideas and innovative solutions for leveraging technology to drive insurance penetration and improve the insurance industry's efficiency and effectiveness.
Thought leaders and regulators at the events would share comprehensive insights on data analytics and artificial intelligence that will bolster product development, improve underwriting and claims management processes, help curate cyber security risks, and define the role of web aggregators in the industry's value chain.
"We are excited to bring together the brightest minds from both insurance and technology to explore how these industries can collaborate for mutually beneficial outcomes. The registration process promises to be seamless and user-friendly, ensuring that interested individuals and organisations can easily join this transformative gathering.
"We therefore urge prospective delegates to register early and secure their spots by taking full advantage of the opportunity of the Early bird offering ahead of the event that promises rich networking opportunities with thought leaders, pioneers and peers in the ecosystem", Precious Ubah added.
Also commenting, the Convener, Insurance Meets Tech, Odion Aleobua, stated, "Insurance Meets Tech is more than just a meeting place for institutional stakeholders, industry professionals and innovators in the Life, General, Health Insurance, Insurtech, and other allied sectors. It is a crucible for innovation, where cutting-edge solutions would significantly impact the actualisation of Nigeria's holistic financial inclusion target", he added.
For more information and registration details, please visit insurancemeetstech.com/register
For partnerships, sponsorships, and other inquiries, contact: inquiries@insurancemeetstech.com.
… 50+ Speakers; 20+ Demos and Masterclasses and about 3,000 participants expected
The second edition of the Insurance Meets Tech (IMT) conference is set to take place on September 28 and 29, 2023, at the Civic Centre Victoria Island Lagos, to address prevailing concerns in Nigeria's insurance industry and on the continent.
Riding on the theme "Unlocking Policy and Tech Bottlenecks Hindering Disruptive Insurance Penetration", IMT 2.0 will converge prominent players in government, finance, health, tech, and telecom sectors, as well as the prime sub-sectors players in insurance and insurtech, to brainstorm, untangle, and evolve viable solutions to the challenges of insurance penetration in Nigeria and across Africa.
The two-day conference will feature policymakers, regulators, keynote speakers, and sector leaders in panel discussions, exhibitions, specialised masterclasses, and product and service demos, providing a platform for stakeholders to share ideas, insights, and experiences on how to leverage technology to drive insurance penetration and improve the insurance industry's efficiency and effectiveness, such as its use of data analytics to improve underwriting and claims management processes; cyber insurance; and the role of web aggregators in the industry's value chain.
The conference will culminate in a gala and awards evening to recognise excellence and outstanding contributions to the industry. With the COVID-19 pandemic and enabling government policies accelerating the adoption of digital technologies, IMT 2.0 is expected to be a catalyst for the digital transformation of the insurance industry in Nigeria and across Africa.
According to the convener of the conference, Odion Aleobua, 'IMT 2.0 will be a game-changer for the insurance industry in Nigeria and across Africa. This second edition will build on the successes of the first and provide stakeholders with more opportunities to network, collaborate, and explore innovative solutions to the challenges facing the industry.
“Since the inaugural edition of the conference in September 2022, the Nigerian insurance and insurtech sectors have made visible strides. The National Insurance Commission (NAICOM) affirmed that Nigeria's insurance industry recorded a 36.3% quarter-on-quarter growth and a 17.8% year-on-year rise in gross premium income at N726.2 billion in the fourth quarter of 2022, compared to the previous year.
“Data provided by Statista in May 2023 revealed that the value of gross life insurance premiums written in Nigeria exceeded €600 million for the first time. In 2022, life insurance premiums amounted to €677.3 million, up from €545.2 million in the previous year. The growth margins can be attributed to various factors, including increased awareness of insurance products, the expansion of distribution channels, and insurance companies' gradual adoption of technology.
“Statista also stated that ‘In 2022, the value of gross property and casualty (P&C) insurance premiums written in Nigeria amounted to almost 800 million euros. This figure is believed to be the highest value since 2000 as P&C premiums increased by 100 million euros between 2021 and 2022.’
“These figures are, however, dwarfed in comparison to the country's South African counterparts, where the value of gross property and casualty insurance premiums written amounted to approximately €5 billion in 2022, and P&C premiums peaked in 2021 when they reached €9.35 billion. The gap is further broadened when considering global insurance industry figures, which, according to McKinsey and Company's Global Insurance Report 2023: 'Closing the Personal P&C Protection Gap', surpassed $6.5 trillion in GWP in 2022, with P&C representing almost one-third of total revenues!
“We have thus carefully selected our speakers and panelists from industry leaders, tech giants, and government regulators to ensure that conference delegates get the best insights and experiences on how technology can unlock policy and tech bottlenecks hindering disruptive insurance penetration. IMT 2.0 promises to be bigger, better, and more impactful”, Odion added.
For more information and registration details, please visit insurancemeetstech.com/register
For partnerships, sponsorships, and other inquiries, contact: inquiries@insurancemeetstech.com.