The National Insurance Commission (NAICOM), has explained that its reason for issuing operating licenses to micro insurance institutions was to ensure that Nigerians at the grass roots were not left out in the financial inclusion initiative of the federal government. The Commissioner for Insurance, Mr Sunday Olorundare Thomas, stated this at the financial inclusion strategy conference organised by the Oriental News Nigeria, a Lagos based finance news online. The conference was tagged, “Engaging with Critical Groups to Develop Effective Financial Inclusion Initiative.” Represented by the Deputy Director/Head Corporate Communications & market Development NAICOM, Mr Rasaaq Salami, Thomas said micro insurance provided the leeway to protecting people’s property, safeguarding belongings from damages or loss and ensuring the insured did not suffer loss when the unexpected damage or loss occurs. Also speaking, the Director General Securities and Exchange Commission (SEC), Lamido Yuguda stated his commitments towards ensuring that every segment of the society was covered in the ongoing financial inclusion initiative of the federal government. The Executive Vice Chairman, EVC, of the Nigerian Communications Commission (NCC), Prof. Umar Dambatta, noted that the best approach towards benefitting from globalised digital economy was to be financially inclusive.