Rand Mutual Assurance (RMA) has signed a memorandum of understanding (MoU) with the Nigeria Social Insurance Trust Fund (NSITF) to collaborate on digital transformation aimed at strengthening worker protection systems and support economic growth.
According to RMA, the agreement was concluded during a visit by its delegation to Abuja.
The partnership will focus on institutional capability development, modernising operating models, improving service delivery and sharing knowledge between the two organisations.
Through the partnership, RMA and NSITF will collaborate to strengthen institutional capability, modernise operating models, accelerate digital transformation and improve services for workers and employers.
The organisations will also explore opportunities for knowledge exchange and the adoption of best practices in social security administration.
RMA said the agreement forms part of its broader engagement with governments, regulators and social security institutions across Africa to support improvements in governance, operational resilience and service delivery.
"Our partnership with NSITF reflects much more than the signing of an agreement," said Mandla Shezi, group chief executive officer of RMA. "This partnership is not simply about sharing knowledge. It is about co-creating the next generation of African social security systems."
He added: "By combining our respective strengths, we can help build institutions that are more resilient, more responsive and better equipped to protect workers while supporting national development."
Shezi said the future of social security depends on integrated systems where prevention, insurance, healthcare, rehabilitation, technology, investment management and institutional capability work together.
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