AXA Mansard Unveils Fully Digital, Flexible Health Insurance Solution


By Winifred Bosa

The Chairman of Nigerian Exchange Group (NGX), Alhaji (Dr.) Umaru Kwairanga, has called for accelerated adoption of Artificial Intelligence (AI) in Nigeria’s financial services sector to boost operational efficiency, enhance customer satisfaction, and position the nation at the forefront of global financial innovation.
Dr Kwairanga who made the call at the SUPERNEWS Artificial Intelligence Confab’25 recently in Lagos emphasized the game-changing potential of AI, likening it to historic breakthroughs such as the steam engine and the Internet.
He commended SUPERNEWS for spotlighting AI as the central theme of this year’s conference, aptly titled “Power of AI: Enhancing Efficiency and Customer Satisfaction for Better Financial Services Experience.”

“The services sector is the engine of Nigeria’s economy, and the financial services sub-sector stands as its most vibrant component,” Dr. Kwairanga noted. “While commendable progress has been made, there remains vast room for improvement—improvements that artificial intelligence can deliver.”
He highlighted AI’s potential to not only streamline operations but also address Nigeria-specific challenges such as unreliable power supply, limited data infrastructure, and funding constraints.

According to him, leveraging AI could unlock new efficiencies and elevate the customer experience across banking, insurance, pensions, and other financial services.
The event was attended by high-level stakeholders from across the industry, with an interactive panel comprising operators, consultants, and consumers, who shared practical insights on AI deployment in the sector.
Dr. Kwairanga urged the audience to take active roles in shaping a future-ready Nigerian financial ecosystem powered by intelligent technology.
Earlier in his presentation, the keynote speaker at the event, Mr Johnson Chukwu, highlighted some of the ways that AI can benefit the financial sector.
On consumer credit, Chukwu said, “Today, consumer credit is everywhere in this country because the machines are able to determine your income level and what you spend on. If you
know the information available to the telco companies, they know who you make payment to and where you went to smoke. Once you make a payment, they track it, so they know your consumption pattern; they know how much comes to your account, so they can actually say, I can give Johnson a N50,000 loan. The loan is automated; you apply and get it in minutes.”
On boosting customer experience, Chukwu said the use of AI has led to “enhanced personalisation. One million customers, and each of them treated as an individual. You’re not a part of the crowd. The system knows you as an individual, knows your face, knows your eyes, knows your fingerprint, and knows where you’re coming from. In that case, it also narrows your demand to what fits your purpose.”
He added that it would also lead to faster complaint resolution, “Because the machine has so much data, when you make your complaint, it will be able to know what is best to do to address your complaint.”
He concluded by saying, “There are seven C’s to implementing AI. Capacity: you must have the capacity, you must have the capability, you must collaborate, you must have creativity, and you must have cognition, continuity, and control.
“On that note, I feel artificial intelligence will define the future of human engagement, interaction, and experience. Companies that fail to adopt AI will not only be uncompetitive but will also become obsolete in the near future.”
The Publisher/CEO, SUPERNEWS Nigeria, Ngozi Onyakusi, said, SUPERNEWS’ choice of the theme was borne out of its quest to contribute its quota in equipping Nigerians with requisite knowledge in embracing tech innovations.
She noted that Artificial intelligence (AI) adoption has the capacity to transform the Nigerian financial sector.
“AI technology, according to experts, has gained so much popularity in businesses that analysts put global business value earned through artificial intelligence at $3.9 trillion in 2022, from $1.2 trillion in 2018.
The technology is believed to be capable of facilitating financial inclusion, thus bridging the gap between the masses and financial services, helping to bring these services closer to the people seamlessly.
AI offers an unprecedented opportunity to reach more customers, reduce operational costs and enhance customer experience”, she opined.

By Amaka Obiefuna

In many homes today, being financially responsible for others is the norm, not the exception. From paying hospital bills to sending younger ones to school many people are carrying more than just our own weight, and we do it graciously.
But what happens when life throws an unexpected curveball?
On Thursday, June 26th, 2025, Coronation Life Assurance Ltd. invites you to a pertinentwebinar titled: “The Burden We Share: Protecting Loved Ones with Life Insurance”
Time: 10:00 AM – 12:00 Noon
Platform: Zoom (Free Registration)
Register Here: https://bit.ly/
This conversation is for anyone who has ever been the ‘go-to’ person in their family, the solution provider when there’s an emergency or a need. It’s for breadwinners, caregivers, young professionals, and even retirees who want to look out for those they love.
Why You Should Join:
• This webinar will speak on real challenges: the black tax, medical emergencies, unexpected loss, and financial pressure.
• Our expert panel will break down how life insurance can help lighten the load, protect the people you love, and give you peace of mind.
• You’ll learn how to make smarter choices today that secure your tomorrow – with products designed for different life stages.
This is not just a financial conversation. It’s a cultural one.
So, whether you’re a young professional, a parent, a business owner, or somewhere in-between, this webinar is for you.
What to Expect
• Real-life accounts of families protected—and those blindsided—by financial shocks.
• Industry professionals break down the myths, facts, and real value of life insurance.
• A discussion rooted in our shared experiences – like “black tax” and multigenerational support.
• Clear, affordable steps to get started with Coronation Life Assurance’s range of products.
Register Here: https://bit.ly/
You don’t have to carry it all alone.
Join us and find out how Coronation Life Assurance can help ease the burden.


Bluechip companies and reputable organisations from various sectors have signed up support for the hosting of SUPERNEWS Artificial Intelligence Confab’25 holding at Oriental Hotel, Victoria Island Lagos on Thursday June 19th 2025 starting at 10 am.
The organisations include the
Nigeria Liquefied Natural Gas (NLNG), Zenith Bank Plc., Leadway Assurance company Limited,
Sovereign Trust Insurance Plc,
Guinea Insurance Plc., Nigerian Council of Registered Insurance Brokers (NCRIB), International Energy Insurance Plc. (IEI), Ugooafunwa Investment Company Ltd,
Zonaish Global Resources, Dontex Ventures Nigeria, Big Gate Africa.
Appreciating the organisations, the Convener of the conference, the Publisher of SUPERNEWS Nigeria, Ngozi Onyeakusi equally thanked other organisations and individuals who have supported SUPERNEWS Nigeria over the years.
She commended the Nigeria Liquefied Natural Gas (NLNG) Limited, Leadway Assurance Company Limited and Sovereign Trust Insurance Plc for being consistent in supporting SUPERNEWS Nigeria Annual Conference.
The conference with the theme; Power Of AI: Enhancing Efficiency And Customer Satisfaction For Better Financial Services Experience has the Managing Director of Cowry Asset Management Limited, Mr Johnson Chukwu as its keynote speaker and Alhaji (Dr) Umaru Kwairanga as the Chairman.
The Commissioner for Insurance, the National Insurance Commission (NAICOM), Mr Olusegun Ayo Omosehin and the Director-General, National Pension Commission (PenCom), Mrs Omolola Oloworaran will be Special guests of honour at the event.
Guest Speakers for the conference include renowned experts like the Founder/CEO, ZER Consultating Africa, Mrs Adeolu Adewumi-Zer, the Fmr. Managing Director, Hilal Takaful Insurance Limited, Mrs Thaibat Adeniran, the National President, Bank Customers Association of Nigeria (BCAN) Dr Uju Ogubunka and the Head Financial Institutions Ratings, Augusto & Co, Mr Ayokunle Olubunmi.
Onyeakusi explained that this year’s confab focuses on how AI is redefining the financial services sector, accelerating
automation, customer engagement, risk management and fraud prevention.
The conference she said is a learning opportunity designed to enhance awareness, deepen understanding of
participants on the imperative and use of AI in rendering banking, capital market, pension
and insurance services cheaper, faster and conveniently.
SUPERNEWS choice of the theme was born out of its quest to contribute in equipping Nigerians with requisite knowledge in embracing tech innovations.

Bluechip companies and reputable organisations from various sectors have signed up support for the hosting of SUPERNEWS Artificial Intelligence Confab’25 holding at Oriental Hotel, Victoria Island Lagos on Thursday June 19th 2025 starting at 10 am.
The organisations include the
Nigeria Liquefied Natural Gas (NLNG), Zenith Bank Plc., Leadway Assurance company Limited,
Sovereign Trust Insurance Plc,
Guinea Insurance Plc., Nigerian Council of Registered Insurance Brokers (NCRIB), International Energy Insurance Plc. (IEI), Ugooafunwa Investment Company Ltd,
Zonaish Global Resources, Dontex Ventures Nigeria, Big Gate Africa.
Appreciating the organisations, the Convener of the conference, the Publisher of SUPERNEWS Nigeria, Ngozi Onyeakusi equally thanked other organisations and individuals who have supported SUPERNEWS Nigeria over the years.
She commended the Nigeria Liquefied Natural Gas (NLNG) Limited, Leadway Assurance Company Limited and Sovereign Trust Insurance Plc for being consistent in supporting SUPERNEWS Nigeria Annual Conference.
The conference with the theme; Power Of AI: Enhancing Efficiency And Customer Satisfaction For Better Financial Services Experience has the Managing Director of Cowry Asset Management Limited, Mr Johnson Chukwu as its keynote speaker and Alhaji (Dr) Umaru Kwairanga as the Chairman.
The Commissioner for Insurance, the National Insurance Commission (NAICOM), Mr Olusegun Ayo Omosehin and the Director-General, National Pension Commission (PenCom), Mrs Omolola Oloworaran will be Special guests of honour at the event.
Guest Speakers for the conference include renowned experts like the Founder/CEO, ZER Consultating Africa, Mrs Adeolu Adewumi-Zer, the Fmr. Managing Director, Hilal Takaful Insurance Limited, Mrs Thaibat Adeniran, the National President, Bank Customers Association of Nigeria (BCAN) Dr Uju Ogubunka and the Head Financial Institutions Ratings, Augusto & Co, Mr Ayokunle Olubunmi.
Onyeakusi explained that this year’s confab focuses on how AI is redefining the financial services sector, accelerating
automation, customer engagement, risk management and fraud prevention.
The conference she said is a learning opportunity designed to enhance awareness, deepen understanding of
participants on the imperative and use of AI in rendering banking, capital market, pension
and insurance services cheaper, faster and conveniently.
SUPERNEWS choice of the theme was born out of its quest to contribute in equipping Nigerians with requisite knowledge in embracing tech innovations.

Sanlam, Africa’s biggest non-banking financial services powerhouse, and Allianz, one of the world’s most recognised global insurer, have announced a significant milestone in their Pan-African expansion strategy with the successful merger of their operations in Nigeria, one of Africa’s leading economies.
The merger, now branded as SanlamAllianz Nigeria, was officially announced on Thursday, June 5, 2025, during a high-profile launch event at the Oriental Hotel, Victoria Island Lagos. Executives, regulators, partners, and the media gathered to witness the unveiling of the new brand.
SanlamAllianz Nigeria is part of a broader initiative by both parent companies to create Africa’s leading non-banking financial services group in different markets. By leveraging Sanlam’s extensive continental footprint and achievements and Allianz’s global reputation and technical expertise, this new entity aims to offer enhanced customer experiences, innovative insurance solutions, and improved financial inclusion in Nigeria.
Speaking at a press briefing on the event day, Tunde Mimiko, MD/CEO of SanlamAllianz Life Insurance Nigeria, said, “Today marks a transformative chapter for Sanlam and Allianz but, even more importantly, the Nigerian insurance industry. Our joint venture, SanlamAllianz, is the fusion of complementary strengths, global expertise, rich underwriting heritage, and local insights designed to expand access to world-class insurance solutions for millions of Nigerians.
“At a time when Africa’s economic evolution demands more than traditional products, SanlamAllianz is committed to empowering individuals and businesses to build resilience, plan confidently, and drive inclusive growth. By embedding innovation and collaboration at our core, we aim to navigate the complexities of Nigeria’s market with integrity and excellence, setting a new benchmark for the insurance industry and securing the future of our people and businesses.”
At the heart of SanlamAllianz’s mission is a steadfast commitment to fostering Confidence in Nigeria. In an often-uncertain market, this partnership aims to be a beacon of stability and reliability for Nigerians and businesses. By delivering transparent, customer-centric solutions and upholding the highest standards of governance and ethics, SanlamAllianz seeks to build enduring trust, empowering individuals and enterprises to face the future with confidence.
Commenting on the merger’s significance for Nigerian economic development, Yomi Onifade, MD/CEO, SanlamAllianz General Insurance Nigeria, stated, “The emergence of SanlamAllianz Nigeria is timely and significant, especially as Nigeria has boldly announced its ambitions to achieve a $1 trillion economy. Such an ambitious goal requires the backing of a financially solid underwriter and exceptional risk management expertise.
“We understand that building confidence in the market involves more than just offering insurance products; it requires strict adherence to governance, transparency, responsiveness, and excellence in service delivery. At SanlamAllianz, we recognise the unique challenges that businesses and industries face and are well-positioned to provide tailored solutions that inspire trust and deliver real value.”
Sanlam and Allianz have already merged their businesses in several African countries, including key markets like Kenya, Morocco, Ghana, Uganda, Côte d’Ivoire, and now, Nigeria. This integration combines decades of experience across insurance and asset management, aligning operations to serve local markets better while streamlining product delivery and regional expansion.
With Nigeria’s low insurance penetration among its vast population, SanlamAllianz is strategically positioning itself at the right moment to transform the Nigerian insurance landscape. By embracing innovation, fostering financial inclusion, and expanding accessible coverage, the company aims to build lasting trust in insurance as a vital tool for long-term financial security.
About SanlamAllianz
SanlamAllianz is a leading Pan-African financial services entity, established in September 2023 through a joint venture between Sanlam, Africa’s largest non-banking financial services provider, and Allianz, one of the world’s foremost Insurers and Asset Managers. Operating across 27 African countries, SanlamAllianz combines over two centuries of collective experience to offer a comprehensive suite of services, including life and general insurance, asset management, assistance, third-party administration, and retail credit.