First Dominion Insurance Brokers Ltd was incorporated in May 1987 and Licensed by the National Insurance Commission (NAICOM) to provide brokerage services in both life and general insurance business. The company is registered with a share capital of N50million and made fully paid-up. With a professional indemnity cover for N250Million, far in excess of the N5Million minimum recommended, we guarantee Indemnity against legal liability to pay any claim attributed to professional negligence that may result from the activities of our employees.
Provide guidance
Marketers of an insurance company provide guidance on that company’s insurance products. But because brokers are usually not aligned to anyone company, they can usually explore a range of products and services available in the market and offer tailored advice.
Skilled managers
Brokers are skilled risk managers who can advise you on the risks you face, and how to manage them. Insurance is just a part of the overall risk management strategy in that it transfers risk to another party (the insurer) at an agreed premium. Bluydincg a risk management program which puts some of the responsibility for risk prevention and loss minimization on you or your business, you can reduce premium costs.
Adequate coverage
Oftentimes clients will make a decision based purely on the lowest price. And that can backfire in the event of a claim if you find out you are not adequately covered or even not covered at all for the loss that occurred.
Cost effective
The services of a Broker are free because insurance brokers get paid a commission by the insurance companies. So it does not cost more to use a broker.
Adequate compensation
Our Professional Indemnity Cover of N250 Million guarantees you indemnity against legal liability to pay any claim attributed to professional negligence that may result from the activities of our employees.
Adequate support
Brokers are aware of the terms and conditions, benefits and exclusions and costs of a wide range of competing insurance policies. So they can help you find the most appropriate cover for your own circumstances.
Invaluable services
That is where our invaluable services are best proven.
Additional benefits
Additional Benefits: Training and Appointment of underwriter.
