This economic phenomenon has already boosted fixed insurance sales substantially within NFIS
He further pointed out that the Government is already working on some of the drivers that the NFIS identifies to catalyze financial inclusion.
Empirical evidence suggests that, having a NFIS could double the pace of progress on financial inclusion targets.
In December 2007, NFIS hosted an insurance forum in Memphis, TN.
Plans are being made for the 2009 NFIS Summit to be held in Miami Beach for the top NEXT Financial Insurance Services producers.
He pointed out that the Government was already working on some of the drivers that the NFIS
identifies to catalyze financial inclusion In particular, digitization of payments is a priority area and resolute efforts have been taken to support the digitalization of payments and give depth to financial services among various segments of the population.
The NFIS coordination structure envisages three governance bodies, a NFIS Council, NFIS Steering Committee, and various Technical Committees.
The NFIS Council is chaired by the Federal Finance Minister to oversee the implementation of NFIS.
Feed for automation upgrade at FMDS Tender no: GT10102200 Description: Feed for automation upgrade at FMDS, FNDS, FSDS, FSP and NFIS