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 units. 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 heads our Business Development & Strategy unit. She has over 19 years’ experience in Finance Management. Prior to joining Ark in 2023, she oversaw the finance department of Eko Hotels Limited as Financial Controller .
Fadia holds a bachelor’s degree in Banking and Finance from the State University of New York International Program (SUNY).
Folake Adedamola
Folake heads our Technical and Relationship Management units. She is a seasoned professional with over 20 years’ experience in the insurance industry. Folake joined Ark in 2000 and has been instrumental in driving the company’s growth by fostering strong relationships with clients and
stakeholders.
She is an alumnus of 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 holds a B.Sc. and a M.Sc. in Economics from Ogun State University and the University of Lagos respectively.
Omotosho Oduola
Tosho is a Senior Client Manager, with over 12 years of experience. 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.
Tosho is an Associate member of the Nigerian Institute of Management (NIM) and the Chartered Insurance Institute of Nigeria.
Ruth Osasah
Ruth heads our Energy unit. She has over 16 years’ experience across Business Development and Claims functions in the insurance industry. Prior to joining Ark in 2014, Ruth worked with Consolidated Hallmark Insurance Plc.
She is an Associate Member of the Chartered Institute of Public Managers and an Associate Member of the Chartered Institute of Personnel Management. Ruth holds a B.Sc. in Sociology from the University of Abuja and an MBA in Strategic & Consultancy from Paris Graduate School of Management.
Folake Adegbite
Folake heads our Accounts unit. She has over 27 years’ experience in accounting, administration and finance management. Prior to joining Ark in 2019, she worked with Springbrand Nigeria Ltd and Kay-Ess Insurance Brokers Ltd.
Folake is an Associate member of the Nigerian Institute of Management (NIM) and an Associate Member of Institute of Chartered Economists of Nigeria (ICEN). She holds an HND in Accounting from Yaba College of Technology.
Oyebade St. Matthew-Daniel
Bade heads our Legal & Compliance unit. She has over 10 years’ experience in complex legal frameworks and risk management strategies. Prior to joining Ark in 2018, she worked with CandideJohnson Law (formerly known as Strachan Partners).
A Certified Compliance Officer (CCO), Bade holds a Bachelor of Laws from the University of Essex and a Master of Laws in Financial Regulation & Compliance from BPP University Law School.
Bubu Ogwuazor
Bubu heads our Special Projects unit, collaborating with the executive management team to streamline and optimize workflow across the organization. She has over 12 years’ experience across Underwriting, Risk Assessment and Management, Claims Administration and Reinsurance functions.Prior to joining Ark in 2023, she worked with REX Insurance (formerly Royal Exchange) and Coronation Insurance.
Bubu is an Associate member of the Chartered Insurance Institute of Nigeria (CIIN) and has professional certifications in Energy & Aviation Insurance from Swiss Re and several others. She holds a B.Sc. in Information Science from Delta State University and an M.Sc. in International Affairs and
Diplomacy from Ahmadu Bello University.
Olatunbosun Shittu
Tunbosun heads our Risk Engineering unit. He has over 16 years’ experience in Facilities Engineering, Construction and Design Engineering and Subsea Engineering. Prior to joining Ark in 2020, he had extensive experience working with DeltaAfrik Engineering Ltd, Fab-Rank Nigeria Ltd and Surveillant Fire Ltd as Project Engineer.
He is a Certified Member of the Council for the Regulation of Engineering in Nigeria (COREN), a Member of Nigeria Society of Engineers and a Member of the Nigeria Institution of Mechanical Engineers. ‘Tunbosun holds a B.Sc. in Mechanical Engineering from Lagos State University and an M.Sc. in Engineering Project Management from Coventry University
Oluwatosin Akingboye
Tosin heads our Human Resources and Admin units. She has over 11 years’ experience in talent acquisition & management, performance management, people management strategies, office administration and organizational change management. Prior to joining Ark in 2024, she worked with Arkounting Business Concepts, LoanBook Ltd and GetEquity Ltd.
Tosin holds a B.Sc. in Biochemistry from Bowen University. She is an Associate Member of the Chartered Institute of Personnel Management, Nigeria (CIPM) and has a certified license as Senior Professional in Human Resources from the HR Certification Institute, USA.
Olusegun Onabade
Segun heads our Claims unit. He has over 18 years’ experience in the insurance industry across Underwriting and Claims functions. Prior to joining Ark in 2021, ‘Segun worked with Coronation Insurance (formerly Wapic Insurance), Cornerstone Insurance and Triple Alliance Risk Solutions.
He is an alumnus of Lagos Business School and an Associate Member of the Chartered Insurance Institute of Nigeria (CIIN). Segun holds a B.Sc. in Economics from the University of Lagos and an M.Sc. in Economics from Ogun State University.
Afolabi Ganiyu
Ganiyu heads our Reinsurance unit. He has over 30 years’ experience across Reinsurance and Claims functions in the insurance industry. Prior to joining Ark in 2014, he worked as head of Reinsurance and Claims with Cornerstone Insurance, Oasis Insurance Plc, and Great Nigeria Insurance Plc.
An Associate Member of the Chartered Insurance Institute, Ganiyu holds an HND in Insurance from Lagos State Polytechnic and an MBA from the University of Ado-Ekiti.
Stanley Evans
Stanley is our Chief Marketing Officer. He has over 30 years’ experience across various industries. Prior to joining Ark in 2022, he worked with Boulos Enterprises Ltd, Suzuki Nigeria; MCL Group, UK; ITOCHU Group and Porsche, India.
Stanley founded the British Business Group in Chennai, India, and Lagos, Nigeria. He holds a Diploma in Medical Electronics and was awarded an MBE in the 2022 by Her Majesty Queen Elizabeth II.
Matthew Diyaolu
Matthew is our Lead Risk Analyst. He has over 8 years’ experience across Reinsurance and Risk Analytics functions. Prior to joining Ark in 2020, he worked with Cornerstone Insurance.
Matthew is an Associate member of the Chartered Insurance Institute of Nigeria (CIIN) and an Associate Member of Institute of Chartered Accountants of Nigeria (ICAN). He holds a B.Sc. in Economics from the University of Ibadan, an MBA from the University of Lagos and a Master’s degree
in Economics from the University of Arkansas.