Making Insurance Work For Nigeria

Advocating for transparency, fairness, and accessibility in the insurance industry

Bridging Awareness

Educating individuals and businesses about the benefits of insurance coverage

Driving Development

Collaborating with government agencies and stakeholders to advance the insurance sector

Empowering Policyholders

Ensuring settlement of genuine claims

About Us

Transparent Protection Ltd/Gte is a non-profit organization promoting transparency, accountability, and accessibility in Nigeria’s insurance industry. Since 2012, we have been working to raise awareness about insurance, drive industry development, and advocate for policy changes.

Our motivation behind starting this organization is to facilitate widespread insurance adoption, ensure fair claims settlement, and empower individuals and businesses to make informed decisions about their insurance needs.

Our Core Values

Our Initiatives

Driving positive change through our initiatives

Awareness

Raising awareness about insurance education and coverage benefits

Advocacy

Influencing insurance policies and advocating for consumer protection

Partnerships

Fostering collaborations with government agencies and stakeholders for industry growth

Articles

Insurance News Beat

Great Nigeria Insurance Appeals N16 Million Court Judgment Over Insurance Claim

October 15, 2024

Great Nigeria Insurance PLC has appealed a court ruling that ordered it to pay N16 million to Ade Distribution and Investment Company over a burglary insurance claim, citing premium payment disputes.

NAICOM and Ministry of Youth Development Partner to Train One Million Youths in Insurance Sector

October 11, 2024

The Ministry of Youth Development and NAICOM have signed an MoU to train one million Nigerian youths in insurance, fostering entrepreneurship, raising awareness, and expanding employment opportunities across Nigeria’s 774 local government areas.

New Nigerian Bill Requires Tax ID for Insurance and Financial Services to Boost Tax Compliance

October 11, 2024

A new bill in Nigeria mandates individuals in insurance and financial services to provide a Tax Identification Number (TIN) for account operations, aiming to enhance tax compliance and streamline revenue collection.

8 Red Flags to Identify a Struggling Insurance Company

October 11, 2024

The article outlines eight warning signs that indicate a struggling insurance company, such as failure to pay claims, lack of transparency, and financial instability. It aims to guide readers in identifying these red flags to protect their financial security when selecting an insurance provider in Nigeria.

Common Pitfalls in Insurance Claims and How to Avoid Them

October 9, 2024

This article outlines common mistakes policyholders make during the insurance claims process and offers practical solutions to avoid them. It highlights the importance of understanding policy terms, timely notification, accurate documentation, and open communication to ensure a smooth and successful claims experience.

Understanding the Role of Legal Counsel in Insurance Disputes

October 9, 2024

This article explores the vital role of legal counsel in insurance disputes. It discusses how lawyers help policyholders and insurers with policy interpretation, legal rights, settlement negotiations, litigation, compliance, and protection against bad faith practices, ensuring fair resolutions in complex insurance claims and disputes.

Insurance Business Development Initiative Webinar

Transparent Protection Ltd/Gte and the House Committee on Insurance and Actuarial Matters are hosting a webinar on the topic of insuring government property in Nigeria.

The event features speaker Sam Chukwuka Onyeka and moderator Hon. Ahmadu Jaha.

Participants will include industry leaders and government officials, focusing on reviewing laws and advocating for a resilient insurance sector.

Date: May 14, 2024,
Time: 4:00 p.m.–6:00 p.m.

Editorial Team