Royal Golden Seal Insurance Brokers Ltd is an indigenous and a dynamic composite insurance brokerage company. As an emerging industry leader, Royal Golden Seal Insurance Brokers Ltd is at the thrust to provide professional Insurance support services to complement the foregoing economic reforms of the various governments, non-government and private sectors alike.

As a responsible corporate entity, we are at the forefront of driving public/private initiatives to achieve our goal of improving the lives of the citizens/organizations through the provision of insurance solutions. Thus, insurance plays a pivotal role in creating great values for all stakeholders in mitigating risk by deploying superior, efficient and effective risk management solutions and advisory services.

The Board of Directors is composed of eminent Nigerians who have distinguished themselves in field of financial adversary services, ICT, administration and Insurance advisory services. Our goal is to maintain a virile brokerage outfit in which our clients will be confident and comfortable with insurance coverage recommended for their lives and properties.

 

We operate under the authority of National Insurance Commission (NAICOM) and duly registered by the Nigerian Council of Registered Insurance Brokers (NCRIB) the umbrella trade association.

Insurance is a social service in which many people (insured) collectively contribute some amount of money (premium) into a pool. It is from the pool that the few that surfer losses are indemnified.

It is pertinent to note that while a minor loss may not affect a company’s operation significantly, a moderate misfortune can put a corporate entity out of business for some time, which could result to an unquantifiable loss of revenue. In addition, a serious misfortune may occur and a company forced out of business forever, if not insured.

It is for this reason that Banks /Financial institutions insist that some form of insurance be taken whenever loan facilities are granted to either individual or corporate bodies.

The primary function of insurance companies is to provide cover against specific risks (perils and liabilities) that are likely to disrupt the smooth operation of a business concern. These risks have to be identified and minimized, before being transferred to the insurers. This makes insurance business highly technical. This is where our services are most required.

Royal Golden Seal Insurance Brokers’ team  of insurance experts and professionals possess the ability and experience to define risks accurately and comprehensively coupled with the skill needed to obtain the insurance contract of the most favourable terms and competitive rate without any form of prejudice to the quality of cover purchased or intended to purchase.

Therefore, we offer our clients skilled and up-to-date technical supports in addition to the following benefits:

• Provision advisory services in respect of all classes of insurance.
• Evaluation of present insurance coverage to determine adequacy.
• Make appropriate recommendation
• Negotiation of premium rates to ensure they are competitive and commensurate with risk exposures
• Placement of your insurance requirement with reputable insurers.
• Effective follow-up and processing of claim to ensure adequate indemnity is obtained.
• Proper record keeping of all insurance policies
• Regular reminder on due premium to avoid premium payment build-up
• Prompt renewal to avoid loss of cover.
• Professional and consistent consultancy on insurance matters

It is important to note here, that our services do not attract any additional cost to the various organizations that we deal with as we normally receive our remuneration from insurers in the form of commission.