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 2.0 official website.  

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 2.0 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 IMT2.0 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, Odion Aleobua, the Convener, Insurance Meets Tech, 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 partnerships, sponsorships, and other inquiries, contact inquiries@insurancemeetstech.com.

Insurance Meets Tech Conference 2022 is a multi-sector discourse platform that converges leaders in the insurance and tech industries to foster strategic partnerships hinged on technological innovations and the deepening of Nigeria’s insurance penetration.  

Insurance Meets Tech 2022, which holds at Ecobank’s pan-African Center at Ozumba Mbadiwe, Lagos, is designed to evolve a marketplace of not only public and private sector players but also to showcase ideas, innovations, and policies that can be pivotal in advancing the business of insurance in Africa.

It will be a one-of-its-kind summit, highlighting the issues in product development, access improvement, process optimisation, payment and reconciliations, customer services delivery, and engagement whilst showcasing various tech solutions to attract potential stakeholders across the ecosystem. 

Impressively, Insurance Meets Tech 2022 has already been favourably received by leading players in Nigeria’s insurance, finance, and tech ecosystems, with top executives such as the Managing Director, Ecobank, Jubril Mobolaji Lawal; Group Chief Executive Officer, aYo Holdings Ltd (South Africa), Marius Botha; Country Manager, Microsoft Nigeria, Ola Williams; CEO, AXA Mansard, Kunle Ahmed; CEO, ETAP, Ibraheem Babalola; Managing Director Endeavor Nigeria, Tosin Faniro Dada; Founder & CEO, Caladium Consulting, Ayo Bankole Akintujoye, amongst others, confirmed their participation.  

Speaking on the significance of this conference, the Convener, Odion Aleobua, Chief Executive Officer, Modion Communications, expressed optimism about the impact of the conference, citing that it enables industry leaders in insurance and tech to much-needed collaborative deliberations aimed at bolstering the Nigerian insurance ecosystem and deepening its penetration.  

“Nigeria’s insurance industry is ranked 62nd globally, a figure in extreme contrast with the nation’s population and economic size. As a result, the unfortunate reality of insurance in Nigeria is that its penetration rate is so low that less than 2% of all Nigerian adults, which only amounts to 4 million of its total population, have insurance coverage. 

“Having consulted for the insurance industry for over the last decade, we understand that the low uptake of insurance in Nigeria can be disrupted through technological innovation that will bolster access, customer engagement, customer onboarding and convenient adoption of insurance policies in the country.  

“This is where the incorporation of tech and insurance comes to play. We believe that just as there has been a disruptive turnaround in enabling access to banking services, through the exponential growth in digital technology and mobile telephony in Nigeria, with fintech enabling financial inclusion, insurtech can do the same for insurance. It is on this conviction that we built the rationale for convening Insurance Meets Tech 2022 conference”, he added.   

Insurance Meets Tech 2022 is expected to feature a special presentation from Microsoft Nigeria to the industry, while the Group Chief Executive Officer, aYo Holdings Ltd (South Africa), Marius Botha, whose organisation has presence in five African countries, will share learnings on how tech has enabled their growth and adoption across the continent. 

The Marketing World Awards recognise creativity and innovation among Public Relations, creative and communications agencies, brands, and personalities within the West African region.

For Modion Communications, the win is its third international recognition in 2022 after the agency clinched two SABRE Awards Certificates of Excellence for its’ # ZOLAEffect’ campaign for ZOLA Electric Nigeria and ‘Stand Back, Don’t Touch Me’, an in-house creative media relations tactic to support AriseTV Correspondent, over Police brutality in the course of her work.

Commenting on the award, Odion Aleobua, the Chief Executive Officer, Modion Communications,  said, “We thank the organisers of the Marketing World Awards for considering our creative endeavours deserving of this honour. This is our second Marketing World recognition in four years, now underpinned by other international, continental and regional recognitions befitting our status as an African ideas’ powerhouse.”

He added, “We are very proud as this win demonstrates our capacity to deliver superior, winning, creative and communications solutions to our growing clientele who have trusted us for their strategic communications solutions.”

In his remarks, Chief Executive Officer of Instinct Waves, the organisers of the award, Mr. Akin Naphtal, said, “Modion Communications have consistently demonstrated how disruptive the agency could be with their ideas and excellent capacity delivery. The agency is deserving of this recognition as proof of their inventiveness in the sector.”

Since commencing operations in 2015, Modion Communications has continued to provide cutting-edge public relations and marketing communications advisory to leading brands, organisations, small businesses, and government agencies across variegated sectors, including financial services, mobility, insurance, aviation, oil and gas, manufacturing, and renewable energy.