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
NCRIB Partners with ICAN to Educate Brokers on Sustainability Reporting
NCRIB-LAC and ICAN organized a workshop to educate insurance brokers and underwriters on sustainability reporting, emphasizing the importance of compliance and capacity building for business sustainability.
Insurance Industry Debunks Claims of Inadequate Capacity to Underwrite Aviation Risks
Nigerian insurance leaders assert the industry’s capability to underwrite evolving aviation risks, refuting government concerns and emphasizing collaboration, capacity building, and adherence to prudential guidelines.
NAIC Vows Swift Payouts to Flood Victims, Urges Insurance Amid Climate Threats
NAIC pledges to urgently settle flood-related insurance claims to help victims resume their lives. The corporation emphasizes the importance of insuring assets amid growing climate change risks in Nigeria.
Opinions
Understanding Solvency Regulation in the Insurance Sector
The article explores the critical role of solvency regulation in ensuring the financial stability and reliability of insurance companies. It delves into the framework of rules established by governments to maintain insurers’ ability to meet obligations to policyholders. Key considerations such as capital adequacy, reserve adequacy, and liquidity management are discussed, emphasizing a proactive approach to preventing systemic risks.
Chronicles Of Insurance Commissioners In Nigeria: Their Highs and Lows
The article delves into the rich history of Nigeria’s insurance sector, exploring the pivotal role of the National Insurance Commission (NAICOM) and its successive commissioners. From Chief Eugene Okwor’s pioneering efforts to Mr. Olusegun Ayo Omosehin’s vision for transformation, each leader’s tenure is scrutinized, highlighting triumphs, challenges, and the evolving landscape of insurance regulation in Nigeria.
Toward Addressing The Immediate Challenges Of Regulation And Supervision Of Insurance Industry In Nigeria
The article sheds light on the dire situation at Nigeria’s National Insurance Commission (NAICOM), which has ceased regulatory activities since January 2024. It discusses the industry’s challenges, including inefficiency, funding issues, and political interference. Urgent solutions are proposed to prevent the collapse of the insurance sector.
Events
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
