About us

Company profile

CHI Microinsurance Limited is a wholly owned subsidiary of Consolidated Hallmark Insurance Plc. It was established in 2019 and is fully licensed by NAICOM to provide affordable insurance products that will protect low-income earners against specific perils for regular premium payment, proportionate to the likelihood and cost of the risks involved. With an authorized share capital of ₦200million, the company is led by a board of directors comprised of tested and experienced professionals of high ethical standards. Each member of the board was carefully elected to ensure, that they bring diversity and added value to the strategic direction of the company. The primary focus of the company is to drive a very professional microinsurance institution and deepen insurance penetration in Nigeria. The parent company, CHI Plc is reputed for professional insurance practice and this is being brought to bear on the management of CHI Microinsurance Limited.

Our Objectives

We are guided by our objectives to offer the best in class products to our customers.

  • Technology

    Leverage state-of-the-art technology to develop and sell microinsurance products targeted at the bottom of the pyramid population.

  • Microinsurance

    Evolve a microinsurance entity that will be among the leading pioneers of microinsurance in Nigeria.

  • Specialized products

    To contribute towards increasing financial inclusion through low-end insurance products.

Management team

Our team of experienced insurance professionals

Md/CEO

Karieren Pius

MD/CEO

Over 19 years working experience in Branch, Regional, and Retail Operations.

A Fellow of the Chartered Insurance Institute of Nigeria. Pius holds a B.Sc. from the University of Port-Harcourt and an MBA from the University of Lagos. With over 19 years working experience in Branch, Regional, and Retail Operations before been appointed Pioneer MD/CEO CHI Micro Insurance Ltd. Pius is currently Chairman of Offices Representatives Committee and Council Member of the Chartered Insurance Institute of Nigeria. He has attended both local and international trainings.

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Ekundayo Ajagun

Chief Financial Officer

Chartered accountant experienced in financing.

Ekundayo has vast experience in financing coupled with several financial trainings attended over the years. He is a graduate of Economics from University of Ilorin, Ilorin Nigeria, a member of accounting Technician of West Africa, and associate Member of Chartered Accountants of Nigeria.

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Marcus Olaitan

Head, Human Resources

MBA in human resources, associate member of CIPM of Nigeria.

Marcus attended The Federal Polytechnic Ado-Ekiti, Ekiti State where he obtained his Higher National Diploma in Business Administration & Management, an MBA – Human Resources from Ladoke Akintola University of Technology Ogbomosho, Oyo State. He is an Associate Member of Chartered Institute of Personnel Management of Nigeria and an Associate Member Nigeria Institute of Training and Development. He has undergone several developmental trainings to enhance his competencies.

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Olawunmi Owolabi

Audit, Risk Management and Compliance

An ICAN professional with over 10 years audit experience.

Olawumi obtained a Bachelor’s degree in Accounting from the University of Ado Ekiti, Nigeria, and has completed the professional training of the Institute of Chartered Accountants of Nigeria (ICAN). He has over 10 years audit experience and has undergone several developmental trainings to enhance his professional competences. He is also an ISO certified Internal Auditor.

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Blessing Rinlaye

Head, Administration

A graduate of Yaba college of Technology, Lagos and Federal Polytechnic, Offa Kwara State.

Blessing Rinlaye attended Yaba college of Technology, Lagos State and Federal Polytechnic, Offa Kwara State respectively, where she obtained her Higher National Diploma (HND) in Accounting. She has undergone several developmental trainings to enhance her competencies.

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Adebayo Adesoye

Head, Information and Communication Technology

Over 19 years experience in ICT infrastructure and team Management.

Bayo holds a Bachelors of Engineering degree B.Eng in Electrical Engineering from University of Ilorin and Masters of Information Technology degree (MIT) from Ladoke Akintola University of Technology, Ogbomoso. He is an IT Leader with over 5 years in management position driving organizational strategy and digital transformation using information and communications technology. Has 19 years of post-graduation experience with 11 years in the insurance sector. Capable of deploying technology innovations for the efficiency of the business process, and delivering efficiencies in support of business functions to deliver customers satisfaction

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Julius Oghie

Head, Technical

A Professional Risk Manager with over 10 years working experience...

A professional risk manager with over 10 years working experience, with an M.Sc in Marketing and an Associate of the Chartered Insurance Institute of Nigeria.

CHI Microinsurance Board

Mr. Karieren Pius

MD/CEO (Acting)

A Fellow of the Chartered Insurance Institute of Nigeria. Pius holds a B.Sc. from the University of Port-Harcourt and an MBA from the University of Lagos. With over 19 years working experience in Branch, Regional, and Retail Operations in an insurance company before been appointed Pioneer MD/CEO CHI Micro Insurance Ltd.

Mr. Obaro Marvel Osah

Independent Non-Executive Director

Mr. Obaro Osah possesses a Bachelor’s Degree in Finance from the University of Lagos and is also an Associate Member of the Chartered Institute of Bankers. He worked with United Bank for Africa Plc as Business Manager and as Acting Regional Director. He is presently the Regional Manager, South East, Bank of Industry.

Mrs. Ngozi Nkem

Non-Executive Director

She is a graduate of Banking & Finance from Abia State University. She currently manages Zopon Nigeria Ltd, a general merchant company. She is also a Director in the following companies: Transglobe Securities Nigeria Ltd, Zopon Nigeria Ltd, Binez Hotel Ltd and Abia State Hotels Ltd.

Mrs. Mary Adeyanju

Non-Executive Director

Mrs. Mary Adeyanju, possesses a Masters Degree in Business Administration from Lagos State University as well as a B.A (Theatre Arts) and Diploma in Insurance from University of Jos and Ahmadu Bello University respectively. Mrs. Adeyanju is the Executive Director, Operations of Consolidated Hallmark Insurance Plc with oversight for Marketing and Technical operations of the Company.

Mr. Ediie Efekoha

Chairman

Mr. Efekoha is the MD/CEO of Consolidated Hallmark Insurance Plc, the parent Company of CHI Micro Insurance Limited. He is also the Chairman, Grand Treasurers Ltd, a finance company licensed by the CBN and a subsidiary company within th e Consolidated Hallmark Insurance Plc Group.

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