Solabomi Oreagba has been named the new Chief Operating Officer (COO) of , the parent company of Casava Microinsurance Limited, Nigeria’s first digital insurance provider. She is to resume office immediately.
Her appointment puts Casava in a strong position to expand its business and meet the rapidly growing demand for insurance solutions that prioritize digital technology, further solidifying its position as a market innovator. With more than 17 years of executive leadership experience, she brings to the position a track record of success in financial management, operational excellence, and strategic transformation.
Oreagba’s focus on promoting digital transformation and creating robust operational frameworks has set her career apart. She will have to supervise every aspect of the business’s operations and make sure Casava’s long-term goals are carried out smoothly.
According to Casava’s Founder and Chief Executive Officer (CEO), Bode Pedro: “The future of insurance is not just about technology; it’s about building operational resilience that can adapt to rapid market changes and consumer needs.
“Solabomi’s expertise in streamlining complex systems and her deep understanding of business transformation are precisely what we need to scale our mission. Her leadership will be instrumental in not only managing our growth but in defining the operational gold standard for the African insurtech landscape,” the CEO added.
Continuing, the new insurance bill in Nigeria opens up previously unheard-of possibilities for online insurers like Casava, so this appointment also comes at a critical moment. According to the bill, the market will grow faster from its current size of N2.2 trillion to an estimated N8 trillion by 2030 thanks to provisions that strengthen the role of technology in distribution and broaden the categories of mandatory coverage. Casava is in a unique position to take advantage of this opportunity because of its established scale and digital-first model.
In Oreagba illustrious career, her most recently served as General Manager, Fulfillment & Corporate Services at Viathan Group, where she oversaw important business divisions and effectively supported digital transformation projects that raised employee engagement and customer satisfaction levels. She has held prominent positions at Rensource Distributed Energy, CHC/Atlantic Aviation, and Aero Contractors in the past, where she spearheaded business development and financial planning.
Speaking on her new appointment, she had this to say: “I have always believed that true innovation is only as effective as the operational foundation that supports it. I am honored to join Casava, a company that is not only revolutionizing the insurance industry but is also making a tangible difference in the lives of everyday Nigerians. My focus will be on building scalable processes and fostering a culture of continuous improvement, ensuring that we can deliver on our promise of accessible and delightful insurance experiences as we enter this next phase of hyper-growth.”
BrandSpur news brand reports that Oreagba has a B.Sc. in Insurance from the University of Lagos, Nigeria, and an MSc in Corporate Risk Management from the University of Salford, UK. She also has a Columbia Business School certificate in Business Excellence. To strengthen its operational core and get ready to accelerate its market expansion and completely reshape the insurance industry in Nigeria and beyond, Casava strategically appointed Oreagba.
