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

South African Life Insurers Pay R298 Billion in Claims and Benefits in First Half of 2024

October 10, 2024

South African life insurers paid R298 billion in claims during the first half of 2024, remaining financially robust despite high payouts, with concern over policy lapses due to economic pressures.

Ogun Pensioners Urge Governor Abiodun to Include Them in Health Insurance Scheme and Address Pension Increases

October 7, 2024

The Ogun State chapter of the Nigeria Union of Pensioners urges Governor Dapo Abiodun to include pensioners in health insurance schemes and address pending pension increases to alleviate health and economic hardships.

NAICOM and Ministry of Marine Collaborate to Boost Compliance in Nigeria’s Maritime Insurance Sector

October 7, 2024

NAICOM and the Ministry of Marine and Blue Economy are collaborating to enhance marine insurance compliance, including developing an online portal for policy verification, to strengthen Nigeria’s maritime regulatory framework

Legal Aspects of Insurance Claims: A Guide for Policyholders

September 5, 2024

This article provides a comprehensive guide on the legal aspects of insurance claims in Nigeria, including the legal framework, key concepts, and the claims process. It highlights common legal issues, available recourse options, and best practices for policyholders to ensure fair and effective handling of their claims.

Insurance Fraud: Detection, Prevention, and Legal Implications

September 4, 2024

This article discusses insurance fraud in Nigeria, covering its types, impact, and methods for detection and prevention. It also outlines the legal implications of committing insurance fraud, highlighting the importance of protecting the industry through technology, education, and strict legal enforcement.

How Reinsurance Supports the Nigerian Insurance Market

September 4, 2024

This article discusses the essential role of reinsurance in the Nigerian insurance market, highlighting how it supports risk management, capital efficiency, regulatory compliance, and economic stability. It also addresses challenges and explores opportunities for growth.