B.C.MADIEBO & COMPANY INSURANCE BROKERS LIMITED is a duly registered insurance brokerage firm established since 1963. Our business has been built on trust and sustained by reputation.
We specialize in all classes of insurance in order to ensure that you are insured. With almost 60 years of being in business comes ample experience and with it comes knowledge. Whilst we have grown to understand the science of insurance, we have also learnt that people and not science are the reason that our business has continued to thrive.
This is why our customers are very important to us. Our customers are the core of our business and providing them with excellent services that meet their insurance needs and exceed their highest expectations is the basis of our business and the reason we remain first choice in minds of our customers.
We act as an intermediary between insurers and customers. We do so by offering, negotiating and purchasing policies on behalf of our clients.
We also provide advice in the interest of our clients and help them outline risk management strategies that are best suited to their profile; giving our customers the peace of mind they deserve when it comes to protecting their assets.
Working with us and taking advantage of our knowledge and experience in the Insurance industry enables our customers avoid unnecessary costs.
We are uniquely equipped to save you money on your insurance because our pricing is often more cost effective than direct insurance pricing.
Insurance companies provide us with lower rates because we often buy on behalf of a group of individuals/businesses and because we are professionally trained to accurately assess risk and as such help customers choose policies that adequately suit them.
Purchasing insurance through BCM will allow us evaluate your risk, lower your risk, lower your premium and as such reduce your liabilities.
We report, follow up and ensure that our customers claims are settled in a timely fashion by their underwriter leaving them with ample time to focus on other important aspects of their business.
In the area of risk management, we advise our clients on the risks that are uneconomically insurable or otherwise, e.g. In Burglary insurance we have had cases where our clients have arranged to include bulky items in their insurance policy and we have had to advise against it as these items cannot be easily lifted or stolen.
We go deep into our clients exposures, identify the risks and categorize them to the benefit of our client.
We ensure that our clients have the most appropriate insurance protection by assessing their risks and giving them only those policies that are best suited to their needs.
We also ensure that in placing their risks, we do so with with the most appropriate underwriters.
We are duly registered as an insurance Broker by the National Insurance Commission (NAICOM) under the new Insurance Decree of 1997 although we have long been a registered business since 1963.
We are a member of the National Commission Of Registered Insurance Brokers (NCRIB).
Our workforce comprises of experienced, dynamic and skilled professionals of diverse backgrounds with a high commitment to providing our customers with the highest level of service to enable us meet their needs and exceed their highest expectations.
WE ENSURE YOU ARE INSURED
Our Differentiators
As an independent insurance brokerage, we represent your interests, not the insurers’. We source, compare, and negotiate the best coverage terms tailored to your specific risks.
With extensive experience across multiple insurance classes, we understand the Nigerian business environment, regulatory requirements, and industry-specific risks.
We stand with our clients from notification to settlement, actively managing claims to ensure fair, timely, and transparent resolution.
Fully compliant with NAICOM regulations and industry best practices, we uphold the highest standards of professionalism, ethics, and corporate governance.
We design insurance programs that are practical, cost-effective, and aligned with your business objectives no one-size-fits-all policies.
We work with reputable and financially sound insurance companies, ensuring reliability, security, and long-term value for our clients.
Our clients enjoy prompt communication, dedicated account management, and ongoing support throughout the policy lifecycle.
We see insurance as a partnership, not a transaction. Our focus is on protecting your assets today while supporting your growth tomorrow.
AS PROVIDED IN THE 2003 INSURANCE ACT, BELOW ARE SOME OF THE CLASSES OF INSURANCE WE COVER: