To cope with challenges posed by the outbreak of the coronavirus especially in Nigeria, operators in the insurance industry have adopted Information Technology (IT) systems to reach out to more Nigerians for market penetration. With the federal and some state governments entrenching physical and social distancing rules to limit human physical contacts to curb the spread of the virus, The Guardian gathered that insurers opted to leverage online channels to increase the sale of policies and pay claims emanating from insured risks. Under the arrangement, a prospective policyholder can link up to the website of their insurer, provide the necessary information, pay the premium and get policy document printed without visiting the insurance office.

Source: The Guardian June 02, 2020 03:22 UTC