Why Us

Why MINET

should come in as your insurance brokers

Insurance business just like any other business or profession has its own peculiarities in the sense that it has its own tricks, conditions, manipulations, principles etc. which non-insurance professionals might not understand.  The product is an intangible, transient one, which means apart from the “value” that results from a claim, there is no permanence in the sense of goods.  What is sold by the Insurers is a simple promise to do certain things to the insureds (pay, reimburse, replace or rebuild) when certain event occurs.

And the only physical evidence of such contract that exists between the insureds and the insurers is the Policy Document which contains the written and unwritten elements.  The written elements may not be easily understood by you (the insured) not to talk of the unwritten aspects which are governed by the principles that do not appear in the written document (the implied terms/conditions).

As professional interpreters, we translate your requirements or needs into technical language of the Industry and provide after sales service especially where claims require negotiation and satisfactory settlement.

Other benefits derivable from the employment of Brokers’ Service include:

Maximum Cover at Minimum Cost
When an insurer deals directly with a non-professional person, there is tendency for the insurer to offer minimum cover at maximum cost, but this situation can be reversed if a professional adviser is involved.

Despite the fact that the premiums of some classes of Insurance are based on tariff, a Broker can still find its way to reduce the premium payable by introducing some special rating, discounts and bonuses.
Prompt and Efficient Claims Handling
The value of Insurance is mostly appreciated when a claim occurs and same is satisfactorily settled without any delay. This is exactly Minet’s priority. Apart from assisting in the handling of straight-forward claims, we can also be of useful assistance in the event of a controversial claim arising.
Extensive Knowledge of the Insurance Market
The Insurance Market consists of the Insureds, the Insurers and the Brokers. The Brokers have the entire market at their disposal and know best each Insurer’s strengths and weaknesses. MINET does substantial business with virtually all of them and can say or determine those ones that can actually fulfill the needs of its individual clients. We assess the financial security of the Insurers to whom we entrust our clients’ Insurance Portfolios, with regard to both their financial capacity and Reinsurance arrangements.
Advisory and Personalised Service
Minet provides free advisory and personalized service to its clients by regularly reviewing their Insurance needs, providing analysis and reports on their risk exposures, and by regularly visiting them to keep up-to-date with their requirements.
Distinctive Strength of MINET
Minet is versatile in the provision of Insurance Broking Services and our track record over the years of our operations is a proof of our high level of professionalism. The distinctive strength of MINET can be demonstrated in the following areas:

i) International Resources
The Company maintains and employs close and bilateral links with the Overseas Brokers so that Clients receive the benefit of off-shore securities where these are indicated. Among our major connections are:-

LONDON
- Sterling Hamilton Wright (UK) Limited
- Sutton-Winson Insurance Brokers
- Rickard Lazenby Brokers

PARIS
- C. E. C. A. R
- Hugh Wood Inc.

BOSTON
- Alexander and Alexander Inc.

For your security the Company maintains professional Indemnity and Errors and Omissions Insurance locally in Nigeria up to the Naira equivalent of US$200,000. The Company maintains access to very substantial International protection for all losses in excess of US$200,000. Such cover exceeds all potential losses which may be sustained by Nigerian Clients. Needless to say these securities have never had to be invoked in the history of Minet Nigeria Limited.

ii) Risk Management Services
Risk management refers to the process of identification, analysis and economic control of those risks which can threaten the assets or earning capacity of an enterprise. Apart from purely restricting our operations to the provision of corporate protection against unforeseen contingencies by means of Insurance, we also extend our services to include the broad area of risk management where our advice is geared towards managing risks in the most cost-effective manner.


Considering the aforementioned, you would agree with us that the services of a professional and reliable Broker like MINET cannot be dispensed with.

Office address:

Lagos:- 10 Alhaja Oluwakemi Street Off Ajike Faronmobi Street Anthony - Village Nigeria

Abuja:- No 29 Aswan Street Wuse Zone 3 Abuja.

Phort Harcourt:- No 9 Woluchor Rumukalagbo Waterlines, Port Harcourt Rivers State. Nigeria

Call for help:

+234-1-02013429017
+234-907-673-7882

Mail for information:

info@minetinsurancebrokersltd.com contact@minetinsurancebrokersltd.com