Nigeria's first government-mandated, technology-driven building insurance programme.
In a city of 22 million, every fire, collapse and accident is uninsured. The cost falls on owners, occupants, and the State.
Source: Google Open Buildings & OpenStreetMap
The Nigerian Insurance Industry Reform Act 2025 makes building insurance compulsory for all public, commercial, and under-construction buildings.
Lagos State has formally appointed Veda Technology Limited, in partnership with Casava, to deliver compulsory building insurance.
"Hereby appointed as the Digital Insurance Service and Compliance Provider for Buildings in Lagos State."
Office of the Special Adviser, eGIS & Urban Development · October 2025
5-year renewable contract signed with Lagos State Building Control Agency (LASBCA)
Fire, special perils and occupiers liability for commercial and residential buildings.
Contractors all-risk for buildings being built. Captured at the LASBCA permit gate.
Specialist liability cover for fuel retail. Tied to DPR / NMDPRA licence renewal.
Identify every building from space
LASBCA letter to building owner
No insurance, no permit
Owner pays via app, ATM or USSD
Sealing & fines for non-compliance
Settlement in weeks, not months
End-to-end, agent-led, technology-enforced.
Self-service web and mobile. Three products, one journey, certified by LASBCA in real time.
We'll pull floors, plots, business type, and replacement value from Lagos State records.
We've pulled what we can from Lagos records. Check the details and adjust if needed.
This helps underwriters price accurately for your specific risk.
Group staff by role. Your policy includes workers' compensation — if employees are injured on the premises, we pay medical bills and up to 25% of their annual salary.
Two layers of protection — your building, and your liability to others.
All three charge the same NAICOM-regulated rate. Tap to see each insurer's profile before choosing.
✓ Same price · regulated rateTwo pilot LCDAs activate at launch. Below: a close-up of the Eti-Osa pilot zone — Victoria Island, Ikoyi and Lekki Phase 1. Every commercial, residential and under-construction building geocoded and ready for the platform on 29 May 2026.
Brokerage commission on every policy placed, plus coinsurance income across the 10-insurer panel.
Health · motor · home contents · professional indemnity. Sold into a captive customer base. Underwritten by Casava directly.
Casava aggregates Nigeria's leading insurers into a single panel. Same regulated rate. One quote engine. Customers get choice; insurers get a steady channel; the consortium captures the spread.
Casava is the broker that aggregates and the technology partner that runs the platform — one infrastructure for the entire panel.
A georeferenced registry of every building in Lagos. Licensed to banks, fintechs and government agencies.
A replicable model. Federal mandate, state-by-state rollout. Casava as the technology and underwriting partner.
Parametric flood and fire. SME property cover. Climate-linked products built on accurate building data.
Founded in 2022 to bring insurance to the millions of Nigerians who couldn't afford it. Beyond microinsurance, our Credit Insurance line has been compounding at over 100% year-on-year, with Device & Asset Insurance growing 30% annually — proof the platform scales across categories. LagBIS is the moment that infrastructure meets compulsory demand.
LagBIS is the inflection point. Compulsory demand pulls us from microinsurer to nationwide infrastructure.
LagBIS doesn't just protect Lagos buildings. It hands us the customer base, the data infrastructure, and the distribution to scale Casava into the dominant insurance brand in Africa's largest market.