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
- Transparency
- Reliability
- Accountability
- Equal opportunity
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
NAICOM-EFCC Planned Partnership – A Step in the Right Direction, But More is Needed
The planned partnership between NAICOM and EFCC is a positive step towards combating financial crimes in Nigeria’s insurance sector, but it needs stronger AML/CFT enforcement and proactive regulatory measures for lasting impact.
NAICOM Partners with EFCC to Strengthen Insurance Industry and Combat Fraud
NAICOM and EFCC have partnered to fight fraud in Nigeria’s insurance sector, aiming to strengthen regulatory oversight, protect policyholders, and promote industry stability through joint efforts and information sharing.
AIICO Refuses RPDC Oil & Gas Claim: Dares RPDC to Go to Court
AIICO Insurance’s refusal to settle a legitimate claim made by Rockmountain Petroleum Development Company (RPDC) following an oil well blowout. Despite regulatory intervention from NAICOM, AIICO remains adamant and challenges the insured to take legal action.
Opinions
The Risks of Underinsuring Your Assets: A Guide for Policyholders
This article highlights the dangers of underinsuring your assets, explaining why it happens, the financial consequences, and how policyholders can avoid it. It provides practical tips to ensure adequate coverage and protect against unexpected financial burdens due to underinsurance.
How Insurers Determine Market Value and Insured Value
This article explains how insurers determine the market value and insured value of assets, highlighting their differences and the importance for policyholders to understand them. It covers valuation methods and offers tips to help avoid underinsurance and overinsurance.
Regulatory Interventions in Insurance – A Call for Fair and Balanced Oversight
This article discusses the dispute between African Alliance Insurance Plc and NAICOM, emphasizing the need for fair, transparent regulatory oversight in Nigeria’s insurance industry to maintain public trust, protect policyholders, and ensure balanced, responsible governance.
Events
Press Conference
Press Conference
Subject: Addressing latest developments within the Nigerian insurance sector.
Time: 12pm
Date: 3rd May 2024
Become a member today and contribute to shaping the future of the insurance industry in Nigeria.
Our Partners
About Us
TPL is a membership based insurance sector-specific non-government organization in Nigeria.
Recent Articles
Contact Us
Plot 448A Lagos Crescent,Off Ladoke Akintola Boulevard, Garki 2, Abuja.
080 32 676 950
info@tplng.com
