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Nigeria: Expert urges insurance commission to cut fees

September 2, 2014 - 6:00am

RiskGurad Africa Insurance Brokers Ltd.'s managing director, Yemi Soladoye, asked the National Insurance Commission to reduce its high fees, reported Nigerian Tribune.

Mr. Soladoye said he has seen "a lot of enthusiasm from the operators on the side of retail insurance and micro insurance," adding that NAICOM should encourage them to do well.

Mr. Soladoye said insurers could use platform like National Insurance Correspondents to sell insurance.

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