One rail. Every licensed insurer in Nigeria.
Triax (Partnership) Insurtech Ltd. is the digital distribution and policy infrastructure that connects banks, fleets, marketplaces, state agencies and everyday Nigerians to all 48 recapitalised insurers, 2 reinsurers and 5 takaful operators on the NAICOM register. Quote, bind, verify and settle claims across the entire market through a single integration.
We do not compete with insurers. We carry them.
Under NAICOM's Partner Insurtech framework, risk always sits with a licensed underwriter. Triax provides the rails: origination, pricing orchestration, policy issuance, premium collection, regulatory reporting and claims coordination, so each insurer reaches customers it could never serve alone.
Embedded everywhere
Insurance appears at the point of need: in vehicle licensing portals, ride-hailing apps, bank onboarding, fuel-station networks and marketplace checkouts. Compulsory covers become default, not afterthought.
One quote, whole market
A single request fans out to every eligible carrier. Customers compare like-for-like terms; insurers compete on price and service, not on who happened to have an agent nearby.
Trust by design
Every policy is written to the NIID-aligned registry, verifiable by police, lenders and regulators in seconds. Claims follow a published service standard, with escalation to NAICOM's complaints bureau built in.
Cover for the risks Nigerians actually carry.
Each line is underwritten by the partner insurers authorised for it. Compulsory classes are flagged so distribution partners can make them default at checkout.
Price a motor policy across the market.
Indicative pricing based on NAICOM's 2023 minimum third-party tariff and typical comprehensive rates. Final premiums are confirmed by the underwriting insurer at bind.
Every carrier on the register, on the rail.
All 48 insurers confirmed by NAICOM as compliant with the NIIRA 2025 minimum capital requirements (public notices of 31 July and 13 August 2026), plus both licensed reinsurers and the five takaful operators. Licence numbers are NAICOM's own.
| Licence | Company | Category | Head office | Website |
|---|
Is this policy real?
Fake motor certificates remain one of the industry's most common frauds. Every policy issued through the Triax rail carries a registry reference that can be checked by police, lenders, employers and regulators.
This page demonstrates the verification flow. For any policy in Nigeria you can also use NAICOM's own motor insurance checker at mycar.naicom.gov.ng/verify.
Five steps, published timelines.
Tap through what happens after a loss. Service standards are what Triax commits to coordinate with the underwriting insurer; statutory timelines under NIIRA 2025 still apply.
The post-recapitalisation industry, in numbers.
NIIRA 2025 reset the minimum capital floor and shrank the register to carriers that can pay. The result is a smaller, stronger market and a cleaner counterparty set for distribution partners.
Compliant carriers by licence class
Non-life 28 · Life 12 · Composite 8 · Takaful 5 · Reinsurance 2. Hover a bar for the carriers behind it.
NIIRA 2025 minimum capital
| Licence class | Previous floor | NIIRA 2025 |
|---|---|---|
| Non-life insurer | ₦3bn | ₦15bn |
| Life insurer | ₦2bn | ₦10bn |
| Composite insurer | ₦5bn | ₦25bn |
| Reinsurer | ₦10bn | ₦35bn |
Deadline for compliance was 31 July 2026. Carriers that did not meet the floor have been delisted from the NAICOM register and are not reachable through the Triax rail.
Insure the whole market with one API.
A single REST integration returns quotes from every eligible carrier, binds the policy the customer picks, collects premium through the Sterling-embedded wallet and writes the certificate to the registry. Sandbox keys are issued within one business day.
One request, all carriers authorised for the class and state. Results ranked by price, claims ratio and settlement speed.
Certificates carry a registry reference and QR, verifiable offline by police and lenders.
Renewal due, claim opened, assessor assigned, settlement paid. Build reminders and reconciliation on top.
# Request a market-wide motor quote curl https://api.triax.com.ng/v1/quotes \ -H "Authorization: Bearer trx_live_…" \ -d product=motor.comprehensive \ -d vehicle[value_ngn]=12500000 \ -d vehicle[year]=2019 \ -d vehicle[class]=private \ -d use_state=DE \ -d customer[nin]=…
{
"quote_set": "qs_01J9X…",
"carriers_queried": 36,
"offers": [
{ "carrier": "LIC 002", "premium_ngn": 593750,
"excess_ngn": 125000, "settlement_days_p50": 9 },
{ "carrier": "LIC 035", "premium_ngn": 612500, … }
],
"expires_at": "2026-10-14T16:07:00+01:00"
}
# Bind the chosen offer; premium is collected via wallet curl https://api.triax.com.ng/v1/policies \ -H "Authorization: Bearer trx_live_…" \ -d offer=of_01J9X… \ -d payment[source]=wallet:wlt_… \ -d deliver[certificate]=email,sms # → 201 Created { "policy": "TRX-MTR-2026-00418237", "status": "active", "registry_ref": "NIID-…", "certificate_url": "https://…" }
What people ask before they sign.
Does Triax underwrite risk itself?
No. As a Partner Insurtech, Triax distributes and administers policies on behalf of NAICOM-licensed insurers. The insurer named on your certificate carries the risk and pays the claim. A separate subsidiary, Triax Insurtech Limited, is pursuing a standalone motor insurance licence.
Which insurer will my policy be with?
You choose. Every quote shows the carrier, its NAICOM licence number, excess and expected settlement time. Distribution partners can also set a default carrier or let the rail pick the best-ranked offer.
How is premium collected and remitted?
Premium is collected into a ring-fenced collection wallet and remitted to the underwriting insurer under the "no premium, no cover" rule. Partners receive commission statements and reconciliation files automatically.
Can state governments and MDAs use the rail?
Yes. Triax already supports motor vehicle administration in Delta State and has proposals with several other states. The rail plugs into licensing and revenue systems so compulsory covers are confirmed at the point of registration or renewal.
What happens if a claim is disputed?
Triax coordinates between you and the insurer and tracks every claim against the published timeline. Unresolved disputes can be escalated to NAICOM's Complaints Bureau; we prepare the file for you.
Partner, integrate or insure.
0809 990 4555