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

NDIC Moves to Recover Heritage Bank Loans, Promotes Financial Literacy

November 11, 2024

NDIC initiates loan recovery for defunct Heritage Bank and asset liquidation to settle liabilities while promoting financial literacy among students in Gombe and Sokoto during World Savings Day 2024 celebrations.

NAICOM Urges Insurers to Support Training of One Million Youths in Insurance

November 11, 2024

NAICOM partners with CIIN and Sapphital to train one million Nigerian youths in insurance, aiming to increase awareness and industry inclusion through a comprehensive education program supported by seasoned professionals.

NAICOM Sets December 31 Deadline for Insurers to Clear Outstanding Claims

November 8, 2024

NAICOM sets December 31, 2024 deadline for insurers to clear outstanding claims, urging compliance. The Insurers’ Committee also restructured sub-committees to align with the industry’s 10-year roadmap for growth.

The Benefits of Micro-Insurance for Small Business Owners

October 31, 2024

This article discusses how micro-insurance provides affordable, accessible, and essential coverage for small business owners in Nigeria. It explains the benefits, types, and challenges of micro-insurance, highlighting how it protects businesses against risks, fosters growth, and strengthens economic resilience, particularly for low-income entrepreneurs and informal business sectors.

2025: A New Horizon for Insurance—Key Trends and Opportunities to Watch

October 28, 2024

In 2025, the insurance industry will grow through sports coverage, cyber insurance, automation, and climate risk solutions, embracing innovation to meet evolving demands in a competitive global market.

Understanding Voluntary vs. Compulsory Excess in Insurance

October 25, 2024

This article explains the difference between voluntary and compulsory excess in insurance. It discusses how each type affects policyholders, premiums, and claim costs. It also highlights the benefits and drawbacks of each, helping individuals make informed decisions when choosing their insurance policies.