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

NAICOM Outlines Strategic Priorities to Transform Nigeria’s Insurance Industry

September 13, 2024

NAICOM has outlined strategic priorities to boost the safety, innovation, and accessibility of Nigeria’s insurance industry, emphasizing stronger regulations, financial soundness, risk-based supervision, and increased market penetration.

Nigerian Insurance Sector Hits Historic N1 Trillion Milestone Amid Economic Challenges

September 13, 2024

The Nigerian insurance sector reached a historic N1 trillion in gross written premiums in 2023, fueled by increased premiums and industry growth, despite significant economic challenges and rising inflationary pressures.

NAICOM’s New Chief, Olusegun Omosehin, Lays Groundwork for a Stronger Insurance Sector in First 100 Days

September 12, 2024

In his first 100 days, NAICOM Commissioner Olusegun Omosehin initiated reforms focused on restoring public trust, improving claims settlement, and strengthening Nigeria’s insurance sector through capacity building and stakeholder engagement.

Demystifying Insurance Jargon: A Guide to Understanding Key Terms

June 20, 2024

This article explains key insurance terms in simple language to help individuals understand and navigate insurance policies. It covers concepts like premiums, deductibles, coverage, and more, aiming to empower readers to make informed decisions about their insurance needs.

Understanding Microinsurance in Nigeria: An Inclusive Financial Safety Net

June 14, 2024

This post explains microinsurance in Nigeria, highlighting its purpose of providing financial protection to underserved individuals. It covers how microinsurance works, its practical applications, and the challenges it faces. The post emphasizes the need for awareness, cost management, and innovative solutions to enhance its adoption and effectiveness.

Essential Insurance Coverage Policies for Entrepreneurs

June 11, 2024

This article provides an overview of essential insurance policies for entrepreneurs, including property, goods in transit, money, all risks, motor, and liability insurance. It emphasizes the importance of consulting registered insurance brokers for tailored advice and highlights the role of Transparent Protection Limited (TPL) in assisting with insurance needs.