PROFESSIONAL ADVISORY SUPPORT

Regulatory and certification bodies in Nigeria stipulate prequalification and practice licensing requirements for professional services providers. Solicitors, medical doctors, insurance brokers, stockbrokers, financial advisors, fund managers and auditors are required to take appropriate professional malpractice and indemnity insurance covers up to stipulated minimum limits.

We also work with consulting engineers, architects and other professions to provide ample insurance protections for their operations.

IBN Professional Service Support Practice Group helps evaluate the risks facing professional bodies and individuals to meet and exceed appropriate compliance requirements.

We advise clients on:

• Professional indemnity insurance needs


• Evaluate Directors & Officers liability exposures and recommend appropriate insurance protection limits


• Evaluate transactional Liabilities


• Employee Crime and Surety bonds


• Cyber and IT Crime Risks


• Regulatory requirements and compliance


• Contractual requirements

We evaluate each client’s operational uniqueness and develop insurance products that suit them at competitive prices.

We find local and international insurance markets best suited for our individual and corporate clients in the professional service sector.