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Brand IQ > Blog > Economy > Goxi Microinsurance conference to explore solutions for low-income households
Economy

Goxi Microinsurance conference to explore solutions for low-income households

Joshua
Last updated: October 28, 2025 12:20 pm
Joshua
2 weeks ago
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Goxi Microinsurance Limited has announced plans to host its third annual conference focused on advancing inclusive insurance for low-income households and small businesses in Nigeria.

In a statement made available to our correspondent on Monday, the event, scheduled for November 12, 2025, at the Radisson Blu Hotel, Ikeja, Lagos, will be held in partnership with the Microinsurance Network, a global platform dedicated to expanding access to affordable insurance services worldwide.

This year’s theme, ‘Reflection on Microinsurance in Nigeria for Inclusive Growth’, will highlight new strategies to improve protection for vulnerable households, traders, and micro, small, and medium enterprises against financial shocks.

The Managing Director of Goxi Microinsurance, Shina Gbadegesin, said the conference aims to deepen conversations on how affordable insurance can serve as a safety net for Nigeria’s most vulnerable groups.

“Microinsurance in Nigeria has come a long way, but we must do more to ensure that low-income earners and small businesses are adequately protected. When a market fire or accident happens, insurance should not be a luxury; it should be a lifeline,” Gbadegesin said.

Over the past five years, Goxi Microinsurance has paid more than N636m in claims to traders and low-income families affected by market fires, accidents, and other emergencies across the country.

Industry experts say the conference will also explore digital innovations, gender-sensitive insurance products, and community-based partnerships that can enhance coverage and resilience among small business owners.

Goxi’s commitment to empowering vulnerable Nigerians has earned it several awards, including recognition as one of the leading microinsurance providers in the country.

Organisers expect the 2025 edition to attract key stakeholders from the insurance industry, regulators, and development partners, with the goal of generating actionable recommendations to strengthen financial inclusion and support economic growth.

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