GOXI Microinsurance Pays N160.65m in Claims, Expands CSR

GOXI Microinsurance Company Limited has paid N160.65 million in claims between January and July 2026, reaffirming its commitment to providing financial protection to individuals, families, and small businesses. This payment offers timely financial relief to policyholders affected by unforeseen losses.

Mr. Shina Gbadegesin, Managing Director and Chief Executive Officer of GOXI Microinsurance, stated that claims payment is central to the company’s mission of protecting vulnerable Nigerians from financial shocks. The recent claims build on over N821 million previously reported paid to traders, low-income households, and small business owners over six years.

In addition to claims settlement, GOXI has intensified its corporate social responsibility activities, including an environmental clean-up at Alade Market in Ikeja, Lagos State, and a visit to female clients on International Women’s Day 2026. The company also supported the Modupe Cole Memorial Child Care and Treatment Home in October 2025, demonstrating its commitment to community engagement and support for vulnerable groups.