ARK Insurance
WHO WE ARE
BRIEF History
In 1972, Prince Francis O. Awogboro, with the aim of disrupting conventional practices in the insurance broking industry, founded Ark. Through the years, Ark has successfully transitioned from a domestic insurance broking company to a globally recognized organization specializing in insurance and reinsurance broking, risk management and analytics, risk advisory, claims management amongst other value-added services.
As an insurance broker duly licensed by the National Insurance Commission, we leverage on our investments in human capital, Insurtech, deep client relationships, and leading market innovations to enable our clients avoid, control, mitigate and transfer risks effectively.
Being the only Nigerian broker accepted as a member of the Worldwide Brokers Network; the largest network of independent brokers in the world, and deploying Nigeria’s only broker platform for its clients, Ark is well positioned to offer the benefits of its domestic market expertise, combined with global insurance knowledge to its diverse clientele.
We are headquartered in Lagos with branch offices in Abuja and Port-Harcourt. Across geographies, industries and specialties, Ark provides its local and multinational clients with foolproof resilience against risk.
Presently, we employ several talents from Nigeria and beyond and with determination and innovation, we continue to push the boundaries of possibilities within the insurance industry.
Vision
To be the preferred Insurance Broker for domestic and international clients on all insurance businesses.
Mission
To transact the business of Insurance Broking in a professional manner, through world class service delivery, thereby ensuring maximum value creation and wealth conservation for our clients.
Core Values
Professionalism – We stay ahead by being professional. In our interactions with clients and colleagues, we uphold high ethical standards, competence, and accountability as is expected of an industry leader.
Client Value Creation – The number of renewing clients we have yearly is a testament to the bespoke services and benefits we offer our clients that continually exceeds expectation.
Responsiveness – When it comes to our clients, we recognize the value of their time and ensure delivery of services promptly, effectively, and proactively, addressing their needs and concerns.
Passion – We are passionate about what we do! From the management to all employees, we go the extra mile to deliver exceptional results to our clients.
Innovation – Innovation is crucial for staying ahead of the curve in today’s rapidly changing business landscape. We prioritize and encourage innovation, experimentation, and collaboration. At Ark, we believe that every failed experiment is a step closer to success.
Integrity – We pride ourselves in being morally and ethically principled in all aspects of our business operations. This value is reflected in our policies, practices, and processes within the organization and with our clients.
Our History
One of the first locally owned independent insurance brokers in Nigeria’s history. Ark has transitioned from a domestic insurance brokerage
The firm is fully licensed by the National Insurance Commission and a member of the Nigerian Council of Registered Insurance Brokers.
Ark has a long history of enabling clients
Our Locations
Our company has its headquarters in Lagos (Nigeria) with 2 branch offices in Abuja and Port-Harcourt. Across geographies, industries and specialisms, ARK provides its local and multinational clients with intellectual resilience against risk.
Head Office, Lagos
Victoria Island,
P.O.Box 3771 Marina,
Lagos, Nigeria.
Tel: +234 8090855551
+234 8024247914
email: enquiries@arkinsurancegroup.com
Abuja
1st Floor, Front Entrance,
Millenium Court,
Plot 74 Ralph Sodeinde Street,
Central Business District,
Abuja
Tel: 09-2913094
+234 8023967937
email:abuja@arkinsurancegroup.com
Port-Harcourt
20, Daniel Kalio Street,
(Formerly Ohaeto Street),
D/Line, P.M.B 5525
Port Harcourt
Tel: +234 813 665 6966
+234 805 603 2406
email: portharcourt@arkinsurancegroup.com
Our Clients
Our corporate client base is spread across all industry sectors. The major ones are infrastructure, manufacturing, oil and gas operations, petrochemicals, power production and distribution, agri-business, hospitality, logistics
A number of our clients have multinational parents and Ark offers the benefits of a strong understanding of the local market combined with global insurance standards. This allows us to
We also deploy our bespoke online platform, which allows clients to take control of their insurance portfolio and monitor claim performance.
As the only Nigerian broker accepted as a member of the Worldwide Brokers Network, the largest network of independent brokers in the world, we are uniquely placed to access international capacity where allowed by regulation. With over 45 years in the domestic industry, we understand the importance of service standards, transparency, local capacity and compliance with
Our Clients
Our corporate client base is spread across all industry sectors. The major ones are infrastructure, manufacturing, oil and gas operations, petrochemicals, power production and distribution, agri-business, hospitality, logistics
A number of our clients have multinational parents and Ark offers the benefits of a strong understanding of the local market combined with global insurance standards. This allows us to compliment the risk management teams of our clients and satisfy both local and international stakeholders.
Ark employs over 75 insurance professionals and manage over USD 180m premium annually. We also deploy our bespoke online platform, which allows clients to take control of their insurance portfolio and monitor claim performance.
As the only Nigerian broker accepted as a member of the Worldwide Brokers Network, the largest network of independent brokers in the world, we are uniquely placed to access international capacity where allowed by regulation. With over 45 years in the domestic industry, we understand the importance of service standards, transparency, local capacity and compliance with regulation.
EXECUTIVE MANAGEMENT
Olukayode Awogboro
Kayode is the Managing Director of Ark Insurance Brokers Limited. He joined Ark in 2010 and was
instrumental in developing Ark’s leading position in energy and complex risks. Prior to joining Ark, he
spent 8 years working as a marine and energy broker in the London Market. Kayode holds a BA in
Economics and International Relations from Boston University and an MSc in Insurance and Risk
Management from Cass Business School.
Alex Aquereburu
Alex is an Executive Director at Ark. He joined Ark in 2015 to oversee the development of the retail, technology, and reinsurance business lines. Prior to joining Ark, he spent 14 years working as an actuary for several insurance companies. Alex is a Fellow of the Institute of Actuaries (England) and holds a BSc in Actuarial Sciences from Heriot-Watt University and an MBA from Columbia Business School.
Leadership Team
Our key personnel are accountable for meeting our strategic objectives and they act in the best interest of our clients. Here are our operations team
Fadia Khoury
Fadia is our Head, Business Development & Strategy. She holds a bachelor’s degree in Banking and
Finance from the State University of New York International Program (SUNY) and has worked in various
capacities in organizations both in Lebanon and Nigeria. Prior to joining Ark, Fadia oversaw the finance
department of Eko Hotels Limited as Financial Controller and has an excellent understanding of the
Nigerian business terrain, making her an invaluable asset to the Ark team.
Folake Adedamola
Folake is a Senior Client Manager & Head, Relationship Management. She holds a bachelor’s degree
and a master’s degree in economics from Ogun State University and University of Lagos respectively.
She has participated in the Advanced Management Program (AMP40) with the Lagos Business school
(Pan Atlantic University) and is an associate member of the Chartered Insurance Institute of Nigeria
amongst other notable affiliations.
Folake joined Ark in 2000 and has been instrumental towards its growth.
Omotosho Oduola
Omotosho is a Senior Client Manager. He holds a bachelor’s degree in history and a master’s in business
administration as well as several professional certifications from a few accredited organizations
including the Project Management Institute (USA) and the Nigerian Institute of Safety Professionals.
Omotosho is an Associate member of the Nigerian Institute of Management (NIM) and the Chartered
Insurance Institute of Nigeria.
Omotosho has over 12 years of experience and is a key member of our team.
Ruth Osasah
Ruth is the Head, Energy Unit. She holds a bachelor’s degree in sociology from the University of Abuja and an MBA in strategic & consultancy management from the Paris Graduate School of Management.
Ruth has over 10 years of experience in the industry and has participated in several local and international training courses on business interruption, liability insurance and claims management, marine, oil & gas and special risks.
Folake Adegbite
Folake is the Head, Accounts Unit. She holds a higher national degree in accounting from the Yaba
College of Technology, Lagos, Nigeria and is an associate member of the Institute of Chartered
Economists of Nigeria (ICEN) and the Nigerian Institute of Management (NIM).
Oyebade St. Matthew-Daniel
Bade is the Head, Legal and Compliance. She holds a bachelor’s and master’s degree in law from University of Essex and BPP University Law School respectively. ‘Bade is a member of the Nigerian Bar Association and a certified compliance officer and has several certifications in compliance, anti-money laundering from accredited institutions. Bade joined Ark on 1st August 2019, prior to joining Ark she worked with Strachan Partners.
Bubu Ogwuazor
Bubu is a Project Manager, collaborating with the management team to help streamline and optimize workflow across the organization. She has over 12 years of experience in Underwriting, Risk
Assessment and Management, Claims Administration and Reinsurance.
Bubu holds a bachelor’s degree in Information Science from Delta State University, Abraka, and an M.Sc. in International Affairs and Diplomacy from Ahmadu Bello University, Zaria. She is an Associate member of the Chartered Insurance Institute of Nigeria (ACIIN) and has professional certifications in
Energy & Aviation Insurance from Swiss Re and several others.
Olatunbosun Shittu
Tunbosun is our Head, Risk Engineering. He has over 13 years of relevant experience in Facilities Engineering, Construction and Design Experience, Detailed Engineering, Subsea Engineering and other aspects of Design Practices in the Oil and Gas Industry. He holds a B.sc in Mechanical Engineering from Lagos State University and M.sc in Engineering Project Management from Coventry University, UK.
Tunbosun is a COREN certified engineer and a member of several Institutions such as Nigerian Society of Engineers; Nigerian Institution of Mechanical Engineers; Institute of Piping Engineers; Nigerian Gas Association; amongst others.
Oluwatosin Akingboye
T osin is our Head, People and Culture. She holds a bachelor’s degree in biochemistry from Bowen
University, Osun State and has acquired several certifications from Exitum Consulting, Adullam
Consulting, and the HR Certification Institute. ‘T osin is also an Associate of the Chartered Institute of
Personnel Management (CIPM).
She has over 11 years’ experience and is passionate about talent acquisition & management,
performance management, people management strategies, employee relations/engagement,
business partnering, and organizational change management.
Olusegun Onabade
Segun is the Head, Claims Unit. He has over 19 years’ experience in the insurance industry and holds
a bachelor’s and master’s degree in economics from Ogun State University and University of Lagos
respectively. ‘Segun is an alumnus of the Lagos Business School (Pan Atlantic University) and an
associate member of the Chartered Insurance Institute of Nigeria (CIIN).
Afolabi Ganiyu
Afolabi is the Head, Re-insurance. Afolabi holds an MBA from the Ekiti State University and a Higher
National Diploma in Insurance Lagos State Polytechnic. He is an Associate member of the Chartered
Insurance Institute of London. He has been in the industry for over 30 years.
Stanley Evans
Stanley is our Chief Marketing Officer . Stanley was awarded an MBE in the Queen’s New Year’s
Honours. He was recognized for his considerable contribution to British business in Europe, India and
West Africa through the British Business Group.
Matthew Diyaolu
Matthew is our Reinsurance Analytics Manager . He holds a bachelor’s degree in economics from the University of Ibadan and an MBA from the University of Lagos. Matthew has several professional
certifications in project management, information and communication technology and investment foundations as well as a certification in environmental management and sustainability from Mississippi
State University.