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

PTAD to Begin Pensioners’ Verification for Federal Mortgage Institutions

July 25, 2024

PTAD starts verifying pensioners from Federal Mortgage Finance Limited and Federal Mortgage Bank of Nigeria on July 29, 2024. Verification can be done at local centers; mobile service is available for the infirm.

Nigerian National Bureau Enhances Regional Cooperation with ECOWAS Brown Card Insurance Scheme

July 25, 2024

The Nigerian National Bureau strengthened cooperation within the ECOWAS Brown Card Insurance Scheme through a strategic visit, addressing challenges, enhancing operational frameworks, and fostering collaboration with Ghana, Togo, and Benin bureaux.

NAICOM Urges Insurance Practitioners to Rebrand Industry for Better Public Understanding

July 25, 2024

NAICOM urges insurance practitioners to rebrand the industry for better public understanding, highlighting leadership, professionalism, and collaboration to support Nigeria’s economic growth and align with President Tinubu’s agenda.

Understanding the Concept of Subrogation in Insurance

July 17, 2024

This article explains subrogation in the Nigerian insurance industry, detailing how insurers can recover claim costs from third parties responsible for the loss. It covers the legal framework, process, types, importance, challenges, and best practices for policyholders to facilitate effective subrogation.

Understanding the Difference between Insurance Brokers and Agents

July 8, 2024

This article explains the differences between insurance brokers and agents, highlighting their roles, responsibilities, and loyalties. It outlines how brokers represent clients with access to multiple insurers, while agents represent insurance companies. The article also covers regulation by NAICOM, choosing between the two, and their respective benefits.

A Guide to Insurance for Startups and New Businesses

July 4, 2024

This article is a comprehensive guide for startups and new businesses, highlighting the importance of insurance, the types needed, and tips for choosing the right policies. It emphasizes risk mitigation, legal compliance, and business continuity, offering practical advice for securing adequate coverage and ensuring long-term success.