Strategic
insurance advisory
We’re licensed to operate as an insurance broker under the provisions of the Insurance Act 2003.
Adequately licensed by:
National Insurance Commission (NAICOM)
the Nigerian Council of Registered Insurance Brokers (NCRIB)
/ Our Story
Established in 2011, MIB began operations with an initial paid-up capital of ₦5 million, which has since grown to ₦25 million — a strategic move aimed at expanding our operational capacity and service reach.
/ Strengths
Experienced Talent
Team of skilled professionals with deep industry knowledge and expertise.
Regulatory Compliance
Fully licensed by NAICOM and NCRIB.
Strong Capital Base
Paid-up capital stands at ₦25 million — 500% above the regulatory minimum.
Strategic Location
Head office located in Abuja, the Federal Capital Territory.
/ Opportunities
Expanding Market
Significant untapped potential in Nigeria’s growing insurance industry.
Economic Prospects
Signs of economic recovery and increasing demand for financial protection.
Professional Collaborations
Opportunities for strategic partnerships and expert engagements.
Innovation-Driven Growth
Scope for creative product development tailored to evolving client needs.
Supportive Policy Landscape
A stable political and regulatory environment encouraging sector growth.
/ Growth Areas
Brand Maturity
As an emerging brand, we are focused on building a strong track record through consistent service excellence.
Market Awareness
We see opportunities to improve insurance literacy and trust among underinsured populations.
/ Market Considerations
Competitive Dynamics
Navigating a landscape with established players drives our commitment to innovation and service differentiation.
Evolving Regulations
We continuously align with changing policies to remain compliant, resilient, and agile
/ Our Staff
Board of directors
Oba Rufus Ogunwole
CHAIRMAN
Peter O. Ogunniran
Principal Consultant
Kayode S. Owolabi
Director
Dr Olufemi Oni
Director
Ready to Break the glass ceiling?
Competitive
Advantage
Purpose-Driven Excellence
A clear vision to operate as a model professional outfit—delivering unmatched insurance services in a client-centric environment, powered by a motivated workforce, with the ambition to consistently rank among the top 10 insurance brokerage firms in Nigeria in terms of efficiency and profitability.
Client-Centric Culture
Our business is structured around a deep commitment to client satisfaction, ensuring that every engagement is handled with care, responsiveness, and a personal touch.
Tailored Advisory Services
We offer personalized insurance brokerage and advisory solutions, delivered with speed and accuracy to meet the specific needs of each client.
Robust Risk Management Systems
Our internal risk control frameworks are designed to proactively identify and manage exposure, ensuring business resilience and client protection.
Business Continuity and Compliance
With well-established business continuity plans and a zero-tolerance approach to regulatory infractions, we ensure service stability and regulatory excellence.
Integrity and Confidentiality
We maintain the highest standards of transparency and confidentiality in all dealings, building trust and long-term relationships with our clients.
Efficient Claims Management
We ensure a stress-free, timely, and seamless claims process, helping our clients recover quickly from insured losses.
Strong Regulatory Relationships
We maintain excellent relationships with key industry regulators, including the National Insurance Commission (NAICOM) and the Nigerian Council of Registered Insurance Brokers (NCRIB).
Deep Industry Insight
Our extensive understanding of Nigeria’s insurance regulatory landscape and brokerage business environment enables us to offer strategically sound and compliant solutions.