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Standard Insurance Consultants Limited

*** Insurance Solutions Provider ***

Having SICL As Your Insurance Broker

Assumed us an Advisory Role that keeps you on the progressive path of growth

Gives you the best coverage at the optimal price

Puts your hand in ours to jointly help you take smart decisions

Our History

Our History

YEAR OF INCORPORATION 1979

INITIAL STAFF STRENGHT 7

CURRENT STAFF STRENGHT Over 52 Professionals and 130 Sales Canvassers

GROWTH Support of Clientele

SERVICES Professional Insurance/Reinsurance Consultancy Services

RECOGNITION NAICOM, NCRIB, CIIN, DPR, NIPEX

LOCATIONS (Globally) Headquartered in Lagos, Nigeria with Branch Offices in Ibadan, Abuja & Port HarcourtUK Office and Now in Gambia

SICL Locations

SICL Locations

The Gambia

Nigeria

United Kingdom

Professional Summary

Professional SummaryLICENSE TO PRACTICE General Insurance, Aviation & Space, Marine, Life & Pension,

Oil & Gas and Special Risks.

MEMBERSHIP OF PROFESSIONAL BODIES Membership of NCRIB, CIIN and other professional bodies.

PARTNERSHIP WITH INTERNATIONAL REINSURANCE BROKERS WILLIS Limited at Lloyds, London.

EXPERTISE IN MAJOR INSURANCE DISCIPLINES

* Oil & Gas* Marine Hull & Cargo* Aviation & Space* Personal Accident Insurance* Life Insurance generally* Electronics & Computer All Risks Insurance* Automobile Insurance* Householders, Fire/Special Perils* Construction & Engineering* Political Risks* Risk Managements* Treaty Reinsurance Generally

Our Resources

Our Resources

TECHNOLOGY TEAM ABC OMEGA INFORMATION TECHNOLOGY at our disposal.

www.abcomega.com

GENERAL CLAIMS SERVICES Acid Test of any good Insurance Company is settlement of Claims

as at when due.

MANAGEMENTNEGOTIATIONCLAIMS ADMINISTRATION

HUMAN RESOURCES ABC HUMAN DEVELOPMENT CONSULTANTSwww.abchdconsulting.com

STAFF TRAINING Places a great Premium on Staff Training & Development.

Core Service Team

Core Service Team

Energy TeamConstruction/Operational

Upstream/Downstream

Ahmed Salawudeen

Dan Oghonemu

Isiaka Tijani

Samuel Aiyela

Aishat Umar

ICT Team

Felix Adegboyega

Segun Onifade

Oladele Zacchaeus

General Business Team

Fred Ishie

Rabiu Adamu

Victor Adewole

Bernard Nwankwo

Moses Atengweye

President/Chief Executive

Mallam Ahmed O. Salawudeen

EXECUTIVE DIRECTORSChief Tokunbo Orimobi

Mr. Samuel Olalemi

Claims Team

Bernard Nwankwo

Isiaka Tijani

Celestine Nwankpa

Marine/Aviation

Isiaka Tijani

Dan Oghonemu

Bernard Nwankwo

EXECUTIVE DIRECTORSChief Tokunbo Orimobi

Mr. Samuel Olalemi

President/Chief Executive

Mallam Ahmed O. Salawudeen

EXECUTIVE DIRECTORSChief Tokunbo Orimobi

Mr. Samuel Olalemi

General Business Team

Fred Ishie

Rabiu Adamu

Victor Adewole

Bernard Nwankwo

Moses Atengweye

President/Chief Executive

Mallam Ahmed O. Salawudeen

EXECUTIVE DIRECTORSChief Tokunbo Orimobi

Mr. Samuel Olalemi

ICT Team

Felix Adegboyega

Oladele Zacchaeus

General Business Team

Fred Ishie

Rabiu Adamu

Victor Adewole

Bernard Nwankwo

Moses Atengweye

President/Chief Executive

Mallam Ahmed O. Salawudeen

EXECUTIVE DIRECTORSChief Tokunbo Orimobi

Mr. Samuel Olalemi

Business Development Team

Alhaji AbdulRahman Idris

Zainab Bunmi SalawudeenBola Okunowo

Olusegun Onifade

Management Team

Management Team Mallam Ahmed O. Salawudeen, ACII (London) - President/Chief Executive

Fred O. Ishie - Executive Director - Technical

Daniel T. Oghonemu, BSc, ACII, MBA, AMNIM - Chief Operating Officer

Samuel Aiyela, ACII - Asst. Chief Operating Officer

Alhaji Abdulrahman Idris, BSc - Executive Director (Business Development)

Zainab Olubunmi Ahmed-Salawudeen, LLB, LLM- Company Secretary/Legal Adviser

Rabiu S. K. Adamu, HND, PGD, AMNIM - Chief Coordinator

Victor Adewole, B.ED - Manager, HR & Administration

Isiaka Olaitan Tijani , HND, Cert. CIIN - Finance/Compliance Manager

Oladele B. Zacchaeus, Bsc, MCP, HDNE - IT Business Specialist

Bernard Nwankwo - Underwriting/Claims Manager

Miss Aishat A. Umar, BSc, AMNIM - Marketing Executive

Dedicated AccountTeam

Dedicated Account Team

Ahmed SalawudeenPresident/CEO

Team Leader

Daniel Oghonemu

Chief Operating Officer

Bolanle OkunowoAishat Umar

Client Services/Marketing Team

Bernard NwankwoRabiu Adamu

Claims/Underwriting Team

Isiaka Tijani Adewole Adekola

Accounts/Administrative Team

Partnership

PartnershipAs a backup to our setup particularly in Oil & Gas Business, Aviation & Space, Marine Hull & Cargo, we have a cordial and harmonious relationship with Willis Limited in London over a period of time and this Partnership have been very productive over these years. This Partnership of ours among other things helps us to keep track of World Insurance Market Development particularly in the Energy Sector, Aviation & Space thereby enabling us to be abreast with the dynamic global trend maintaining a flexibility of operations in tune with the changes in the Global Insurance Market.

They also provide Technical Insurance Training Facilities for our Staff that are variously sent overseas for Induction Courses.

WILLIS Global Reach

WILLIS Global Reach

Willis owned officesWillis representation

Key Facts• 300 + Offices• 110 Countries• 15,500 Employees• 600 + Multinational Clients• Dedicated Network teams in each country• 2006 annual revenue US$2.3 billion• 2006 premium spend in excess of US$30 billion

SICL Energy Clients

SICL Energy Clients

AFAM INTEGRATED OIL & GAS PROJECTS AGBAMI FPSO STAR DEEP WATER PETROLEUM OKPAI POWER PLANT WEST AFRICA CONTAINER TERMINAL BONNY GAS TRANSPORTATION LIMITED ESCRAVOUS GAS TO LIQUIDS PROJECT AKPO FPSO USAN FPSO BONGA DEVELOPMENT PROJECT

Others

* The above are few of our many Clientele in the Energy Sector of Nigerian Economy *

General & LifeClients

General & Life Clients

FEDERAL MINISTRY OF FINANCE

STANDARD INSURANCE CONSULTANTS LIMITED provides Insurance Coverage and Risk Management Services through reputable CARRIERS in the Insurance market. As part of our Business, we identify, analyse and manage Risks. We deliver Professional Risk Transfer, Loss Management and Actuarial Services to Parastatals, Private Companies as well as Marine Superintendent.

With our knowledge, experience and technical expertise, we are able to offer a wide range of products and services to various organizations. The experience gained over the years has been drawn from business placement of a very diverse and challenging nature. Among many businesses that we have recently been involved are:

* AJAOKUTA STEEL COMPANY LIMITED* INTERCELLULAR NIGERIA LIMITED * NIGERIAN TELECOMMUNICATION LIMITED* UNIVERSAL BASIC EDUCATION * NATIONAL IRON-ORE MINNING PROJECT* OBAFEMI AWOLOWO UNIVERSITY* INSTTITUTE OF AGRIC RESEARCH & TRAINING* FEDERAL CAPITAL AREA COUNCIL* FEDERAL MINISTRY OF HEALTH * The above are few of our many Clientele in General, Life and other Classes of Insurance *

Aviation & Space

Aviation & Space

Our Aviation Business at the Local level is just developing and we rely on our Aerospace Technical Partner – WILLIS AEROSPACE who have been in the Aviation Business over the last 75 years.

With a Premium Income in excess of USD$1.8 Billion around the Globe, the Clients managed by WILLIS encompasses all areas of aerospace industry;

Airline Sector Airport and Related Services Companies Manufacturing Companies Space Organizations General Aviation

• SPECIAL PRESENTATION Willis Aerospace, London

AEROSPACE

SICL Reputation

SICL Reputation

• OUR CURRENT CLIENTS RETENTION RATE 95%

• METHOD OF ACHIEVMENT Client Focussed and Excellent Services

• DEDICATION OF STAFF & SUPPORT OF BOARD MEMBERS Business Development

“Our Clients Services has always been our Selling Point and over a period of time, our current Client Retention Rate is in the region of 95%.

In addition, we have a full support of many of our Board Members who are basically honourable Business gentlemen and through their contact, we have been able to move forward in cultivation of Viable Businesses.

We are Client-Focussed and transparent.”

Ahmed Salawudeen – President/CEO

SICL & Carriers Security

SICL & Carriers Security

ACID TEST OF A GOOD UNDERWRITER Claims Settlement as at when due.

SICL KEY FACTORS TO DETERMINE A GOOD UNDERWRITER

Secure solvent and properly managed Ability to pay Valid Claims as at when there is an insured event Adequately Capitalized for the type and the amount of business assured Examination of Underwriters Reinsurance Programme.

“At SICL, we pay very strong attention to the financial strength or solvency of any Carrier utilized for placement of Risks of our clients. Thus STANDARD attach the highest priority to security issues and undertake to review every Insurance Company, Reinsurance Company, Underwriting Pool and Agency in use on an annual and on-going basis. To this end, certain standard has been set which must be met if Carriers are to be approved for use by us.”

Ahmed Salawudeen – President/CEO

“Periodically, we examine these Underwriters in so far as their security and financial strength is concerned on a regular basis and recommend such Underwriter for Risk Placement but of course subject to our clients approval, Businesses are placed with such Underwriters who meets our parameters as Indicated above.”

Ahmed Salawudeen – President/CEO

The strength, independence and global coverage of Standard Market Security functions make it a vital tool and differentiate our organization from our Competitors.

SICL Offices

SICL Offices

HEAD OFFICEStandard Group House130A, Association RoadDolphin EstateIkoyi, Lagos.Tel: +234 805 655 4455, +234 807 589 4008Email: info@standardinsgroup.com

IBADAN OFFICEStandard Villa, Forest HillNew Jericho GRA, JerichoIbadan, Oyo State.Tel: +234 807 589 4032Email: ibadan@standardinsgroup.com

ABUJA OFFICEFEBSON Mall, Suite T2 ( 3rd Floor)Herbert Macaulay WayWuse Zone 4, Abuja.Tel: +234 807 589 4021Email: abuja@standardinsgroup.com

SICL Offices

PORT HARCOURT OFFICE11B, Circular Road, Presidential EstatePort Harcourt, Rivers State.Tel: +234 80898 922 922Email: portharcourt@standardinsgroup.com

GAMBIASakung Sillah Building4th Floor, 52, Kairaba AvenueFajara KSMBThe Gambia.Tel: +220 449 463, +220 449 464Email: gambia@standardinsgroup.com

LONDON CORRESPONDENCE OFFICEE333, New Providence Wharf1, Fairmount AvenueLondon.E14 – 9PXTel: +44 207 093 1682Mob: +44 7939 616 827

Contact Details

SICL OfficesMALLAM AHMED O. SALAWUDEEN ALHAJI ABDULRAHMAN IDRISStandard Group House Russel Centre, Suite 72, 3rd Floor130A Association Road Herbert Macaulay WayDolphin Estate, Ikoyi, Lagos. Wuse Zone 4, Abuja.Email: ahmedniyi@standardinsgroup.com Email: idrisa@standardinsgroup.com

ahmedniyi2004@yahoo.com Tel: +234 802 818 4477 (M)

Tel:NIGERIA FRED O. ISHIE+234 805 655 4455 (M) Standard Villa, Forest Hill Estate+234 807 589 4000 New Jericho GRA, Jericho+234 702 762 9262 (D) Ibadan, Oyo State.+234 8098 922 922 (M) Email: fredishie@standardinsgroup.com

Tel: +234 803 388 4796

GAMBIA DANIEL T. OGHONEMU+220 336 3366 Standard Group House

130A Association RoadLONDON Dolphin Estate, Ikoyi, Lagos.+44 7939 616 827 (Mobile) Email: oghonemud@standardinsgroup.com+44 207 093 1682 (Landline) Tel: + 234 807 589 4008 (M)

+ 234 808 385 9494 (M)UAE GAMBIA+971 50397 3995 (Landline) +220

EGYPT+20 118 765 775 +20 011 651 9699

Further information can be obtained from our website

Our Website

Our Website

www.standardinsgroup.com

STANDARD IS COMMITTED

WE WOULD REALLY VALUE YOUR BUSINESS

Mallam Ahmed O. SalawudeenMallam Ahmed O. SalawudeenGROUP President/CEO – STANDARD GROUP

The End