Stanbic IBTC Insurance Brokers has launched a fresh campaign to raise awareness among Nigerian businesses about the benefits of marine and goods-in-transit insurance, as firms grapple with mounting supply chain risks.
The firm announced on Saturday that it will host a webinar on Wednesday, themed “Smart Insurance for Savvy Businesses: Understanding Marine and Goods-in-Transit Insurance.” The session aims to equip business leaders with practical strategies to protect their goods in transit against theft, accidents, delays, and damage—risks that continue to trigger heavy financial losses across industries.
Chief Executive of Stanbic IBTC Insurance Brokers, Anselem Igbo, said the initiative is designed to encourage proactive risk management at a time when uncertainty has become a constant feature of the business environment.
“Uncertainty is a reality that businesses cannot ignore, especially when goods are in transit or crossing borders,” Igbo noted. “We believe companies should not merely react to disruptions but anticipate and prepare for them. This webinar will show business owners how the right insurance solutions can safeguard operations, protect assets, and build resilience.”
The event will feature Austin Omoike, Administrative Manager at Boldars Plus Nigeria Limited, as guest panellist. He is expected to share first-hand insights into the challenges businesses face in transporting goods locally and internationally, and how insurance cover can serve as a financial buffer.
With the rise of e-commerce and the growing reliance on logistics, Stanbic IBTC said many small and medium-sized enterprises remain exposed to avoidable risks due to limited awareness of insurance solutions. This knowledge gap, the firm stressed, has left many enterprises vulnerable to shocks that could stall growth or threaten their survival.
The session is open to entrepreneurs, SMEs, corporate executives, and professionals across sectors interested in strengthening their operations through effective risk management.