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Introduction

Gulf Insurance Brokers Limited started operation in 1995 as a consultancy outfit. Due to the increase in the volume of business, which led to an expansion in our operation, the company was subsequently registered as insurance brokers to transact general, life and pension insurance business under the Insurance Decree Number 1 & 2 of 1997.

We have discovered that the long-term survival of a service company like ours depends, to a great extent, on ability to cultivate and maintain a loyal and dedicated Clientele.

To that extent, we have developed a customer-oriented service system in which we recognize our clients as partners in progress, the unique need of each client is taken into consideration in our service delivery and relationship management. While we place great emphasis on cultivating sustainable beneficial relationships, we are eager to deliver.

Our management staff are reputed for their expertise in the development of new insurance products, risk management programme design and implementation, packaging tailor made insurance policies for large and medium scale manufacturing, construction and commercial risks, and making positive contribution to the market generally.

Our Company

Our company is owned by Nigerian investors who are people of proven abilities and accomplishment in their respective fields of endeavour. This together with highly qualified and experienced personnel has positioned us to render qualitative insurance services expected of a world-class broking outfit to organisations such as yours. 

Gulf Insurance Brokers Limited has access to major international insurance markets including Lloyds of London for risk placements. We have access to CKRe Limited (International Reinsurance Brokers), London United Kingdom and Royal Shield Ltd Dubai UAE as our reinsurer and international technical partners. CKRe Limited, London and Royal Shield Limited Dubai are registered Lloyd’s brokers and authorized/ regulated by the Financial Services Authority London, and Dubai Financial Services Authority UAE. 

These access affords us the opportunity to provide the latest and most comprehensive cover for any risk and makes competitive pricing possible. It also provides us with a pool of global professional expertise. 

We run a near flat and lean organizational structure devoid of long chains of command. This ensures that information /transactions are promptly processed without undue delay.

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OUR VISION

To become Africa’s leading players
of world class standard in the
business of insurance broking and
related services

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OUR MISSION

To provide qualitative insurance and risk management services using the best available technology and highly motivated, resourceful and productive workforce thereby creating values for all stakeholders

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Our Core Values


 Leadership

 Integrity

 Professionalism

 Exceptional Service

OUR UNIQUE OFFER

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We have existing working relationship with local insurance companies who have requisite experience in varying fields of operation.

You do not need to run all over town, read a hundred brochures or spend hours online searching for alternative products and services, we would be there for you, hence, engaging our services will save you both time and money.

Access to professional advice of our international brokers CK Re London and Royal Shield Limited Dubai with full representation at Lloyds.

As a professional Broker, we are more familiar with current events in the industry, because all of the insurance companies we deal with forward to us their informational updates and newsletters. We are familiar with what each of them has to offer in terms of coverage, capacity, competence, and abilities to adequately meet your specific needs.

We do not require any additional payment from you to perform these functions. By standard industry practice, a Broker earns his commission from the premium payable to the insurance company. You may also note that you would have paid the same premium if you deal directly with the insurer, without the benefits of the Broker’s expert advice.

The fear of receiving a biased review or opinion of a particular insurance company or product is greatly reduced when you appoint us as your insurance broker. Since the majority of insurance companies pay the same commission to Broker, there is no advantage to us as a Broker to steer you towards one particular company or product.

You should expect us to carry out your instructions with utmost good faith and to make policy recommendations based solely on the benefits the policies will offer you.

You should also expect us to keep your personal information secure and not shared with any third party without your consent.

All insurance disputes arising from insurance policies issued by the insurers such as undue delay in settlement of genuine claims, denial of liability and other matters relating to the discharge of obligations by insurance companies will be attended to in such a manner to ensuring that you achieve a satisfactory claim settlement in a timely manner.

We shall station a key staff to liaise with you on a regular basis with a view of delivering qualitative and effective service.

The designated staff is also to facilitate prompt documentation.

OUR BOARD

MR. LAYI IPAYE (HND, MBA, ACIIN. AM Inst.O.D)
IN MEMORIAL – PIONEER MANAGING DIRECTOR 1969 – SEPT.2005

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MR. BIMBO SIYANBOLA (B.SC., MBA, FCII (LON.), FCIIN , FIOD)
Vice Chairman

Mr. Bimbo Siyanbola holds a Bachelor of Science (Honours) degree from the University of Lagos in Insurance and Masters degree in Business Administration of the University of Ife now Obafemi Awolowo University, Ile-Ife. He is a fellow of the
Chartered Insurance Institute of London, Associate Member of Nigerian Marketing Association, and an Associate of the Chartered Insurance Institute of
Nigeria. A dynamic, intelligent, and highly resourceful professional. He has acquired a proven track record of excellent performance in Nigeria French Insurance Co. Ltd, where he worked as AGM (Marketing Operations) for many years before his appointment as Executive Director (Technical) of Great Nigeria Insurance Company in August 1997 and later rose to the position of Managing
Director/CEO until September, 2005 when He was seconded to E & O Power & Equipment Leasing Co. Ltd (A subsidiary of Odu’a Investment Company Ltd) as Managing Director/CEO. He was later reappointed as the Managing Director/CEO
of Great Nigeria Insurance Company in December 2006. He is presently the Executive Vice Chairman Gulf Insurance Brokers Limited.

MR. AYOOLA OJO (HND Insurance, MBA, MNIM)
Managing Director

Mr. Ayoola Ojo is a Graduate of Insurance from The Polytechnic Ibadan, he holds a Masters in Business Administration from Ladoke Akintola University of
Technology Ogbomosho, a member of the Nigerian Institute of Management and a member of Chartered Insurance Institute, Nigeria. Mr. Ayoola Ojo started his insurance career with the Risk Management Department of Cadbury Nigeria Plc,
one of the leading multinationals in Nigeria today. After a brief career at Cadbury Nigeria Plc, he joined Equity Indemnity Insurance Company Limited in 1997 as an Underwriting Executive, and in 1999 he joined the Marketing team of Great Nigeria Insurance Company Limited, as one of the team leaders. He later joined Alliance & General Insurance Company Limited as Marketing Manager from where he proceeded to Sun Insurance Nigeria Plc and rose to the position of Controller/Head of Marketing. He left Sun Insurance Nigeria Plc to join the new team of Admiral Insurance Company Limited as Group Head Multi-Clients Group.
He has attended several courses and conferences in insurance and Management (both local and international) including Lagos Business school. He joined Gulf Insurance Brokers Limited in 2005 as Managing Director. 

MR ITUAH IGHODALO (FCA, FCTI, ANIM)
DIRECTOR

Mr. Ituah Ighodalo holds a Bachelor of Science (Combined Honours) degree in Economics and Accounting from the University of Hull, England. He is a fellow of the Institute of Chartered Accountants and also an Associate Member of Nigerian Institute of Taxation and Nigerian Institute of Management.  He is a chartered accountant of repute. He started his career with Price Waterhouse, a firm of chartered accountants in 1984. In 1987, he founded Ighodalo & Co, a professional public accounting firm where he is currently the senior partner. He is on the board of several thriving Companies. He was once a Pastor in Redeemed Christian Church of God before he was called to establish his own church Trinity. 

ALHAJI (DR.) ABBA AHMAD (FIBMA, B.S.C, DIP. PUBLIC HEALTH)

.Alhaji (Dr) Abba Ahmad (Ma’ajinWatarin Kano) holds a Bachelor of Science
degree in Health Education with specialty in Epidemiology. He is an Alumni of
American University of Beirut, Lebanon and London school of Hygiene.
He started his career in 1962 as Health Inspector and gathered wide experience
spanning over a decade before he rose to the position of Executive Director, Abuja
Environmental Protection Board until 1998. Alhaji Ahmad is a seasoned
administrator and was one time Chairman of Refuse Management and Sanitation
Board, Kano state.
He is a member of Royal Society of Health, London, member World Quality
Control Society, New York, USA, and fellow of the Institute of Business Managers
and Administration of Nigeria (Ibadan).
He was turbaned by his Royal Highness Emir of Kano as Ma’ajinWatarin Kano in
1993. He is on the board of many thriving companies. 

MANAGEMENT STAFF

MR. AYOOLA OJO (HND Insurance, MBA, MNIM)
Managing Director

Mr. Ayoola Ojo is a Graduate of Insurance from The Polytechnic Ibadan, he holds a Masters in Business Administration from Ladoke Akintola University of Technology Ogbomosho, a member of the Nigerian Institute of Management and a member of Chartered Insurance Institute, Nigeria. Mr. Ayoola Ojo started his insurance career with the Risk Management Department of Cadbury Nigeria Plc,
one of the leading multinationals in Nigeria today. After a brief career at Cadbury Nigeria Plc, he joined Equity Indemnity Insurance Company Limited in 1997 as an Underwriting Executive, and in 1999 he joined the Marketing team of Great Nigeria Insurance Company Limited, as one of the team leaders. He later joined Alliance & General Insurance Company Limited as Marketing Manager from where he proceeded to Sun Insurance Nigeria Plc and rose to the position of Controller/Head of Marketing. He left Sun Insurance Nigeria Plc to join the new team of Admiral Insurance Company Limited as Group Head Multi-Clients Group.
He has attended several courses and conferences in insurance and Management (both local and international) including Lagos Business school. He joined Gulf Insurance Brokers Limited in 2005 as Managing Director. 

MR. AKINSANYA TAIWO ONIFADE (ACII, MBA, B.SC)
Associate Director Marketing

Mr Akinsanya Taiwo Onifade is a graduate of Geography from University of Ilorin, and holds a Masters of Petroleum Economics from University of Ado Ekiti and a
Masters in Business Administration (MBA) from Ladoke Akintola University of Technology Ogbomosho. He is a Certified Leasing Practioner/Individual member of
Equipment Leasing Association of Nigeria (ELAN), an Associate of International Insurance Society, USA, Associate member Nigerian Institute of Management (Chartered), Associate Chartered Insurance Institute of Nigeria and an Associate
member National Institute of Marketing of Nigeria.
He is an aggressive, dynamic, seasoned and tested professional, who have put in about 26 years in Insurance and Risk Management. He has a wide experience in corporate transformation, risk management, marketing, strategic planning and
general administration.
He was an erstwhile Managing Director of Capital Trust PCA Insurance Brokers, a subsidiary of Capital Trust Group, former Acting General Manager/Chief Executive
officer of GNI Life Assurance Ltd, a subsidiary of Great Nigeria Insurance Plc for 8 months where he successfully nurtured the company from inception to stability. He just exited as The Executive Director Operations, GLANVILL ENTHOVEN GROUP, before partnering with GULF INSURANCE BROKERS LTD as Associate Director Marketing and Business Consultant.

OTUNBA RICK OLADELE (ACII, MBA, HND Accounting)
Chief Operating Officer

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MRS BOLA AYODELE (NCE, BA Edu.)
Director Northern Operations

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VICTOR UWAKINA ( B.SC Accounting)
Client Service Executive

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MR FRANCIS NZEH
Abuja Regional Director

HND Accounting, he holds Post Graduate Diploma in Public Administration from ABU Zaria, a member Chartered Institute of Treasury Management of Nigeria and
Fellow, Chartered Institute of Loans and Risk Management of Nigeria. 

OUR SERVICES

    Identifying areas of risk exposure

    Development of appropriate insurance coverage to
       meet identified risk exposures.

    Negotiating competitive terms with financially
        strong and reputable insurance companies.

    Reviewing periodically insurance coverage to meet
        our clients’ changing values and environment.

    Ensuring that our clients’ claims are promptly and
        equitably settled.

    Providing insurance education as may be required
        by our clients in their day-to-day operations.

    Providing allied services, which are considered part
        of our calling.

OUR CLIENTELE

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 Rano Air Limited
 Nigeria Police Academy, Wudil Kano
 Wole Olanipekun & Co. Solicitors
 Nigeria Postal Services
 National Center for Agric Mechanization
 University Of Ilorin Teaching Hospital
 Diocese Of Kano/ St Louis secondary School
 Diocese Of Kano St Charles Catholic Church
 Bayero University Kano
 Oyo State ALGON
 Federal School of Survey Oyo
 Setana Energy Ltd (Oil & Gas)
 Covenant Resource Ltd (Oil Services Consultant)
 Nakem Oil & Gas (Tank Farm)
 Skarf Nig. Limited.
 Trussnet Nig. Limited.
 Yone Travels & Tours Limited
 Criswel Equity Nig. Limited.
 Kollysam Logistics.
 Formscape Ltd
 Technosarplast Engineering Ltd
 Freequest Agro-Allied Nigeria Ltd
 Ogunsola & Ogunsola & Co
 New Apostolic Church in Nigeria
 Sarplast (West Africa) Limited
 Lifesign Healthcare Nigeria Ltd
 Salenab Nigeria Ltd
 Meadoil Limited
 Infinity Concepts Int’l Ltd
 First Maxivalue Nigeria Ltd
 Bright Eminent Int’l Nig. Ltd
 Balita Aluminum Nig. Ltd
 Gusau Sweet Factory
 Helpline Telecoms Nig. Ltd
 K&H Industry Ltd
 Blings By Patrick Ayanski Ltd
 Anchor Insurance Co. Ltd
 Carinthia Construc_on Nig Ltd
 Owel-Linkso Consortium
 Leophine Residency Hotel
 Steady Lane Nigeria Ltd
 Havilah Integrated Security Solutions Ltd
 First Upland Ventures Ltd.
 Central Bank of Nigeria
 Anchor Telecoms Ltd
 ECOGAS Energy Resources Ltd
 Bambini School
 Sax Innovative Network Ltd
 Hgotet Oil Nigeria Ltd
 Ezzential Global Services Ltd
 Remax Realtors Ltd
 Lovonus Microfinance Bank
 Fitzau Ltd
 Greatland Consults Ltd
 Habgito Nigeria Ltd
 Project Design Consultant Ltd
 Anchoria Investments and Securities Ltd
 Anchoria Assets Management Ltd
 Anchoria Bureau De Change Ltd
 Boundless Solicitors
 RCCG Dew of Heaven Parish
 Dormai Signs Ltd
 Cedarview Communications Ltd
 All Tribes Hotel Ltd
 Church of God Mission
 Clamps Engineering Solutions Ltd
 Tyllium Nigeria Ltd
 A2A Shipping and Logistics Ltd
 Ar-Saeed International Resources Services Ltd
 Lafiya Surgery
 Dikko and Mahmoud


OUR PRODUCTS

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Performance, Advance Payment,
Bid, Retention Bonds
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Construction (or Erection) All Risks
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Cash In Transit/Safe
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Oil & Energy
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Marine (Hull and Cargo)
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Aviation
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Fire & Special Perils
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Consequential Loss
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Burglary & Housebreaking
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Public & Products Liability
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Professional Indemnity
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Plant All Risks
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Boiler & Pressure Vessel
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Computer All Risks
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Goods In Transit
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Fidelity Guarantee
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Automobile
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Agricultural
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Machinery Breakdown
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Employers Liability / Workmen
Compensation

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Personal Accident (Individual &
Group)
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Household
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Other Forms of Insurance

Contact us

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HEAD OFFICE
3, Adeboye Solanke Street,
Off Allen Avenue,
Ikeja
Lagos.
Tel: 234-805-509-3072

NORTHERN AREA OFFICE
Suite D-06, Design District Plaza,
Plot 750 Cadastral Zone
Wuye-Abuja
Tel: 08034543004

WESTERN AREA OFFICE
8, Awolowo Road,
Oke Ado,
Ibadan.
Tel: 08056557356, 07041263948

KANO AREA OFFICE
2B Post Office Road,
Kano.
Tel: 08038911390 ,08051040495



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