We are a group of companies engaged in Insurance Consulting, Marketing and Training since 2002. Our company has in the past 10 years been involved in almost all the Insurance Market Development Initiatives undertaken in Nigeria by the Financial Services Regulators, The Regional Insurance Market Associations and the Multi-lateral Organisations. Some of these initiatives are: The Nigeria Financial System Strategy 2020 (FSS 2020 Insurance Sector Report), Country Diagnostic Study of Microinsurance and Takaful in Nigeria, Institutional Building Blocks for Insurance Development in Africa and Insurance Market Development and Restructuring Initiatives (MDRI), Nigeria.
Two years ago, we decided to confront the problem of Low Insurance Penetration in Nigeria (0.3% of GDP in 2014) having identified the need to develop the Relevant Products, Improve Customer Service, Expand Access and Usage, reduce Negative Image, enhance Customer Education, widen Customer Complaint Avenues and Enhance Customer Benefits relative to Cost. Our focus is to make the Nigeria Insurance Industry play its Strategic Role of stimulating the growth of other sectors of the economy like Mortgage, generate employment to the insdustry’s full capacity of about 800,000 jobs and serve as source of funds for projects of national development like SME and Infrastructure.
Today, Riskguard-Africa has developed 60 New and Relevant Retail Insurance Products for 4 Insurance Companies, pioneered Franchise Marketing of the Retail Products, embarked on creation of 110,000 New jobs within 4 years and has established the necessary structure for the Training and Career Growth of its nationwide Risk Management Officers and Technical Support Service Providers.
We are pleased to invite you to invest in Retail Insurance Distribution in Nigeria through our Contract Branch Network Management Programme (CBNMP).