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

Insurance Reform Bill Proposes Stiff Penalties for Unlicensed Operations

NAICOM and NFIU Strengthen Collaboration to Enhance Financial Regulations

July 24, 2024

NAICOM and NFIU are enhancing collaboration to strengthen financial regulations. During a recent visit, both agencies emphasized progress in meeting FATF standards and improving Nigeria’s AML/CFT framework.

NAICOM Affirms Commitment to Align Insurance Sector with Economic Growth Goals

July 24, 2024

NAICOM reaffirms commitment to align insurance sector with President Tinubu’s economic reforms, aiming to grow Nigeria’s economy to $1 trillion by 2030, during Yetunde Ilori’s investiture as CIIN president.

Barrister Oluwaseun Faleye Assumes Leadership of NSITF, Promises Reform and Efficiency

July 23, 2024

Barrister Oluwaseun Faleye, newly appointed MD of NSITF, promises reforms and enhanced efficiency. He aims to address past challenges, improve staff welfare, and build on recent progress in the agency.

The Benefits of Investing in Endowment Insurance

July 3, 2024

This article explains the advantages of endowment insurance, highlighting its combination of savings and life coverage. It details benefits such as financial security, savings discipline, maturity benefits, tax advantages, loan facilities, low-risk investment, and customizable terms, emphasizing how endowment insurance can secure one’s financial future and protect loved ones.

Understanding Liability Insurance and Its Applications

June 27, 2024

This article explains liability insurance, covering its definition, types, and applications. It highlights its importance for businesses and professionals in Nigeria, offering protection against unforeseen claims and legal actions. It also guides on selecting the right liability insurance to ensure financial stability and growth.

The Role of Insurance in Estate Planning

June 26, 2024

This article discusses the vital role of insurance in estate planning, detailing how it provides financial security, liquidity, tax efficiency, and protection for beneficiaries. It highlights various types of insurance, their benefits, and strategies for incorporating them into an estate plan to ensure a secure legacy and equitable distribution of assets.