Hooba Insurance Brokers Limited

is one of the leading Insurance companies in Nigeria and the West African sub-region. With over 20 years experience in the Nigerian insurance space, we remain unrivaled in the General Insurance business market. We provide only the best insurance service, cultivated from our deep underwriting expertise, superior claims handling and market experience.

We offer a selection of customized Insurance products in collaboration with our Intermediaries and Technical Partners all over the world.

Our clients(The insured) receive a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured, or their designated beneficiary or assignee. The amount of money charged by the insurer to the policyholder for the coverage outlined in the insurance policy is called :

• The premium.

If the insured experiences a loss that is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster. A mandatory out-of-pocket expense required by an insurance policy before an insurer will pay a claim is called a deductible (or if required by a health insurance policy, a copayment). The insurer may hedge its own risk by taking out reinsurance, whereby another insurance company agrees to carry some of the risks, especially if the primary insurer deems the risk too large for it to carry.