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

Rising Foreign Direct Investment Signals Renewed Interest in Nigeria’s Insurance Sector

October 24, 2024

Nigeria’s recent rise in Foreign Direct Investment (FDI) signals renewed interest in its insurance sector. This presents opportunities for growth, innovation, and increased financial inclusion, helping to address the nation’s economic challenges.

Africa’s Top Women in Insurance to Converge in Lagos for Landmark Conference

October 23, 2024

The Africa Insurance Women Association (AIWA) will host an international conference from November 2-6, 2024, in Lagos, focusing on innovation, gender diversity, and key trends shaping the future of insurance across Africa.

New Insurance Scheme Ensures Crop Protection Without Upfront Payments for Farmers

October 23, 2024

“Pay-At-Harvest,” a new insurance scheme, offers Nigerian farmers coverage against climate risks like floods and droughts. Farmers can defer premium payments until after harvest, ensuring financial stability while protecting their crops.

Why is Insurance Unpopular Among Nigerians?

September 27, 2024

This article explores why insurance remains unpopular in Nigeria despite its benefits. Factors include dependence on divine protection, lack of trust in insurance companies, economic constraints, limited awareness and education, unfamiliarity with insurance products, and complex processes. The industry is working to address these challenges.

The Importance of Regular Insurance Policy Reviews and Updates

September 25, 2024

This article emphasizes the importance of regularly reviewing and updating insurance policies to ensure they remain relevant and adequate. It highlights key reasons for reviews, such as changes in personal circumstances, inflation, and regulatory shifts, and outlines steps and best practices to keep coverage aligned with current needs.

Corporate Social Responsibility in the Nigerian Insurance Industry: Driving Growth and Sustainability

September 25, 2024

This article explores the role of Corporate Social Responsibility (CSR) in the Nigerian insurance industry, highlighting its significance in enhancing reputation, managing risks, and promoting market growth. It discusses notable CSR initiatives, challenges faced by insurers, and strategies for integrating CSR into business operations to drive growth and sustainability.