DIGITAL TRANSFORMATION AND SUSTAINABLE GROWTH IN THE NIGERIAN INSURANCE SECTOR

Alli Noah

doi:10.51727/tbj.1970181

TR EN

DIGITAL TRANSFORMATION AND SUSTAINABLE GROWTH IN THE NIGERIAN INSURANCE SECTOR

Öz

Alli Noah Gbenga (frequently published as Noah Gbenga Alli) is a Nigerian academic, researcher, and author specializing in insurance, risk management, and business studies. He is a faculty member in the Department of Insurance within the School of Business and Management Studies at The Federal Polytechnic, Offa, located in Kwara State, Nigeria. His research spans the socio-economic dynamics of the Nigerian corporate and agricultural landscapes, focusing heavily on operational risk frameworks, modern innovations, financial literacy, and policy impacts.

Anahtar Kelimeler

Digital transformation, sustainable growth, insurance industry, Nigeria, panel data, insurtech, NAICOM, premium income, ; underwriting performance

Kaynakça

Adewusi, A. A. (2025) Developing an Effective Business Strategy for Microinsurance Demand in Nigeria, Walden University (Doctoral Dissertation), https://scholarworks.waldenu.edu/dissertations/17496
Ahmad, S., & Saxena, C. (2022) Internet of Things and Blockchain Technologies in the Insurance Sector, In: 2022 3rd International Conference on Computing, Analytics and Networks (ICAN), IEEE.
Alamba, C. S. (2023) Effect of Insurance Receivables on Economic Growth in Nigeria, Nigerian Journal of Management Sciences, 24(2a).
Balasubramanian, R., Libarikian, A., & McElhaney, D. (2018) Insurance 2030—The Impact of AI on the Future of Insurance, McKinsey & Company.
Barney, J. (1991) Firm Resources and Sustained Competitive Advantage, Journal of Management, 17(1), 99–120.
Chen, C., Zhang, Y., & Wang, S. (2023) Digital Transformation and Firm Performance: A Case Study on China's Listed Companies (2009–2020), Digital Economy and Sustainable Development, 1(1), 18, https://doi.org/10.1007/s44265-023-00018-x
Eckert, C., Eckert, J., & Zitzmann, A. (2021) The Status Quo of Digital Transformation in Insurance Sales: An Empirical Analysis of the German Insurance Industry, Zeitschrift für die gesamte Versicherungswissenschaft, 110, 133–155, https://doi.org/10.1007/s12297-021-00507-y
Eckert, C., Neunsinger, C., & Osterrieder, K. (2022) Managing Customer Satisfaction: Digital Applications for Insurance Companies, The Geneva Papers on Risk and Insurance—Issues and Practice, 47(3), 569–602.
EFInA (2021) Access to Financial Services in Nigeria Survey Report, Enhancing Financial Innovation and Access, Lagos.
Etale, L. M. (2019) Insurance Sector Development and Economic Growth in Nigeria: An Empirical Analysis, International Journal of Development and Economic Sustainability, 7(4), 34–48.

Fashagba, M. O. (2018) The Impact of Insurance on Economic Growth in Nigeria, Afro Asian Journal of Social Sciences, 9(1), 1–10.
Fatunmbi, T. O. (2024) Artificial Intelligence and Data Science in Insurance: A Deep Learning Approach to Underwriting and Claims Management, Journal of Science, Technology and Engineering Research, 2(4), 52–66.
Finance in Africa (2025) Insurance Adoption Trends in African Countries: Penetration and Growth Insights, https://financeinafrica.com/guide/insurance-adoption-trends-in-african-countries/
Freeman, R. E. (1984) Strategic Management: A Stakeholder Approach, Pitman.
Gartner (2021), Digital Transformation Definition and Context, Gartner IT Glossary.
Global Legal Insights (2024) Fintech Laws and Regulations: Nigeria (6th ed.), Global Legal Group, https://www.globallegalinsights.com/practice-areas/fintech-laws-and-regulations/nigeria/
Guo, L., & Xu, L. (2021) The Effects of Digital Transformation on Firm Performance: Evidence from China's Manufacturing Sector, Sustainability, 13(22), 12844.
Gupta, S., Ghardallou, W., Pandey, D. K., & Sahu, G. P. (2022) Artificial Intelligence Adoption in the Insurance Industry: Evidence Using the Technology–Organization–Environment Framework, Research in International Business and Finance, 63, 101757, https://doi.org/10.1016/j.ribaf.2022.101757
Hair, J. F., Black, W. C., Babin, B. J., & Anderson, R. E. (2019) Multivariate Data Analysis (8th ed.), Cengage Learning.
Imo, O. I., & Chilekezi, O. (2025) Leveraging Fintech and Insurtech to Bridge Nigeria's Insurance Penetration Gap: The Mediating Role of Regulation, Trust, and Digital Access, African Journal of Management and Business Research, 19(1), 371–385, https://doi.org/10.62154/ajmbr.2025.019.01028
Intelpoint (2025) Nigerian Insurance Industry Trends: 1990–2024 Evolution and Analysis, https://intelpoint.co/blogs/nigerian-insurance-industry-trends/
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NAICOM (2025) Press Release: NAICOM Issues Guidelines for InsurTech Operations in Nigeria, https://naicom.gov.ng/2025/08/14/press-release-naicom-issues-guidelines-for-insurtech-operations-in-nigeria/
Nairametrics (2025) NAICOM, Fintech Players Join Forces to Increase Insurance Penetration in Nigeria, https://nairametrics.com/2025/09/15/naicom-fintech-players-join-forces-to-increase-insurance-penetration-in-nigeria/
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Ayrıntılar

Birincil Dil

İngilizce

Konular

İşletme , İş Sistemleri (Diğer)

Bölüm

Araştırma Makalesi

Yazarlar

Alli Noah ^*
0000-0002-8311-9634
Nigeria

Yayımlanma Tarihi

30 Eylül 2026

Gönderilme Tarihi

13 Haziran 2026

Kabul Tarihi

20 Eylül 2026

Yayımlandığı Sayı

Yıl 2026 Cilt: 7 Sayı: 15

DOI

https://doi.org/10.51727/tbj.1970181

IZ

https://izlik.org/JA99JA44FZ

APA

Noah, A. (2026). DIGITAL TRANSFORMATION AND SUSTAINABLE GROWTH IN THE NIGERIAN INSURANCE SECTOR. Turkish Business Journal, 7(15), 115-140. https://doi.org/10.51727/tbj.1970181

AMA

1.Noah A. DIGITAL TRANSFORMATION AND SUSTAINABLE GROWTH IN THE NIGERIAN INSURANCE SECTOR. TBJ. 2026;7(15):115-140. doi:10.51727/tbj.1970181

Chicago

Noah, Alli. 2026. “DIGITAL TRANSFORMATION AND SUSTAINABLE GROWTH IN THE NIGERIAN INSURANCE SECTOR”. Turkish Business Journal 7 (15): 115-40. https://doi.org/10.51727/tbj.1970181.

EndNote

Noah A (01 Eylül 2026) DIGITAL TRANSFORMATION AND SUSTAINABLE GROWTH IN THE NIGERIAN INSURANCE SECTOR. Turkish Business Journal 7 15 115–140.

IEEE

[1]A. Noah, “DIGITAL TRANSFORMATION AND SUSTAINABLE GROWTH IN THE NIGERIAN INSURANCE SECTOR”, TBJ, c. 7, sy 15, ss. 115–140, Eyl. 2026, doi: 10.51727/tbj.1970181.

ISNAD

Noah, Alli. “DIGITAL TRANSFORMATION AND SUSTAINABLE GROWTH IN THE NIGERIAN INSURANCE SECTOR”. Turkish Business Journal 7/15 (01 Eylül 2026): 115-140. https://doi.org/10.51727/tbj.1970181.

JAMA

1.Noah A. DIGITAL TRANSFORMATION AND SUSTAINABLE GROWTH IN THE NIGERIAN INSURANCE SECTOR. TBJ. 2026;7:115–140.

MLA

Noah, Alli. “DIGITAL TRANSFORMATION AND SUSTAINABLE GROWTH IN THE NIGERIAN INSURANCE SECTOR”. Turkish Business Journal, c. 7, sy 15, Eylül 2026, ss. 115-40, doi:10.51727/tbj.1970181.

Vancouver

1.Alli Noah. DIGITAL TRANSFORMATION AND SUSTAINABLE GROWTH IN THE NIGERIAN INSURANCE SECTOR. TBJ. 01 Eylül 2026;7(15):115-40. doi:10.51727/tbj.1970181

TBJ

Turkish Business Journal

ISSN: 2717-848X

DIGITAL TRANSFORMATION AND SUSTAINABLE GROWTH IN THE NIGERIAN INSURANCE SECTOR

NİJERYA SİGORTA SEKTÖRÜNDE DİJİTAL DÖNÜŞÜM VE SÜRDÜRÜLEBİLİR BÜYÜME

Öz

Anahtar Kelimeler

DIGITAL TRANSFORMATION AND SUSTAINABLE GROWTH IN THE NIGERIAN INSURANCE SECTOR

Öz

Anahtar Kelimeler

Kaynakça

Ayrıntılar

Birincil Dil

Konular

Bölüm

Yazarlar

Yayımlanma Tarihi

Gönderilme Tarihi

Kabul Tarihi

Yayımlandığı Sayı

DOI

IZ

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