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Nigeria: ‘Today almost every insurance company has a digital platform,’ says CEO of Venia Group

By Ruth Olurounbi
Posted on Thursday, 29 April 2021 17:23

Blockchain payments are made digitally AP Photo/Marcio Jose Sanchez

Adebowale Banjo, CEO of Venia Group, talks to The Africa Report about the increasing digital innovation within the Nigerian insurance industry.

The arrival of the pandemic in 2020 has been credited with jump-starting the rapid unrolling of digital technology, whether in health, banking or insurance.

Adebowale Banjo, the CEO of Venia Group, which developed AutoGenius back in 2014, was years ahead of the big push towards digitisation. He talks to The Africa Report about the growing trend and why it’s important, particularly in the insurance industry.

The Africa Report: Since you launched AutoGenius back in 2014, have you experienced or seen Nigerians beginning to embrace digital innovation within the insurance industry?