Nihilent Nigeria, a Lagos based leading global business consulting and solutions integration company, and a subsidiary of India headquartered Nihilent Technologies, in association with the Nigeria Insurance Association (NIA), recently organized a workshop on digital transformation for the insurance industry and the need for quality frameworks in the sector.

The event, held at the premises of NIA, Victoria Island, Lagos was well attended by top executives of Nigerian insurance companies. The day-long seminar had eminent speakers including Ravi Teja, VP of global consulting businesses at Nihilent, Suhas Oak and Martins Olajide, SMEs on IT governance frameworks, Vijay Zende, SME on insurance covering key talk points in the agenda. Ravi talked at length on the top trends in digital and explained with case studies, how insurance, like other critical sectors is being driven by Social, Mobile, Analytics, Cloud and Internet of Things. Vijay introduced the audience to Nihilent’s wide range of technology and consulting services delivered for Nigerian businesses, while Suhas and Martins dwelt on the importance of business frameworks like ISO 27001 and COBIT 5 for effective governance of information assets.

Oti Ikomi, Chairman, Nihilent Nigeria acknowledged NIA’s support in this knowledge sharing initiative. On the seminar, he had this to say: “The insurance industry in Nigeria is going through a paradigm shift in this digital era, and we realized the need for a comprehensive seminar on these lines”. He drew attention to the role of Nihilent in the insurance industry. “For the past 15 years, Nihilent has been driving change management using digital and Information Technologies in emerging markets such as South Africa, Tanzania, India and Nigeria, and has helped financial services and insurances companies, among many other verticals dramatically improve their service delivery and make a significant difference to the entire value chain.”

Members of NIA thanked the management and speakers from Nihilent for bringing their solutions and services to insurance companies in Nigeria, and also assured Nihilent of their full support in transforming this sector.

In closing, Mr. Shohel Noor, General Manager-West Africa of Nihilent briefed on various benefits insurance companies have achieved by engaging Nihilent globally. He also stressed that Nihilent would be keen on working with the Nigerian insurers to prepare them for the digital era and urged the audience to leverage the company’s global expertise and experience.
It may be recalled that Nihilent Nigeria had conducted a similar seminar for the banking sector last year, attended by the Central Bank of Nigeria, and was well received by CxOs from banks, non-banking financial institutions, payments, insurance and IT companies.

 About Nihilent

Nihilent Technologies is a global consulting and solutions integration company using a holistic and systems approach to problem solving. Headquartered in Pune, India, Nihilent’s executive team has over 500 person-years of experience in international consulting, IT outsourcing and IT services. They have made major intellectual contributions to the development of IT around the world. Nihilent’s operations span North America, Europe, Africa, Middle East, Asia and Australia. www.nihilent.com

About NIA

Established in 1971 as an umbrella organisation for all insurance companies in Nigeria, the NIA promotes and upholds the universally accepted standards of business ethics and professional integrity among its members, using modern technology in maintaining and disseminating information globally.
The goal of the Association is to protect and advance the common interests of Insurers in Nigeria by creating and sustaining a positive image for the Insurance industry and contributing to legislation, and decisions made by the Government and other public Authorities in the best interest of the industry in particular and the national economy in general.
For more information, visit www.nigeriainsurers.org