DANGOTE GROUPE-CAPTIVE INSURANCE COMPANY - CIM

PRIVATE CAPTIVE
I N S U R A N C E COMPANY

(CIC) - DANGOTE GROUP

Presented by:
Capital Investment & Management LTD

© 2017 Capital Investment & Management LTD

PRIVATE CAPTIVE INSURANCE
COMPANY (CIC) - DANGOTE GROUP

 The CIC , is a Financial services concept that was developed for
Large multi-national companies with many assets at risk that
necessitate Insurance , in order to save the owner the Operational
Costs , and have better control by the main share holders and or
Owner ( as is in Dangote’s case )

 The CIC that we propose to create for Dangote shall be owned by
Dangote and shall insure 100% of the Dangote’s Group assets world
wide, from a single Truck to a full Power Station, including the total
work force and their families INSTEAD OF the current situation ,
insuring Dangote’s assets with many different insurance companies
in many different countries ,under many different regulations , and
without Dangote’s Control and or Transparent management of
Dangote’s paid Premiums (Especially the large Commissions paid
now on the Premiums and re-insurance)

© 2017 Capital Investment & Management LTD

The benefits for Dangote

The CIC that we suggest to create for Dangote shall be
managed initially ( 5 YEARS) by a British Team in association
with Lloyds Brokers Directly under the Dangote Group’s
Chairman .

The Re- Insurance of the Risk of the CIC amounting to Billions of USD
A YEAR , EVRY YEAR ,shall be placed in Lloyds in London ,and the
Commission on the Re- insurance of the Risk, that can reach
hundreds of Millions of USD ,over the years, shall be paid by the
Lloyds Brokers Directly To Dangote ,thus ensuring T r a n s p a r e n t

handling of Dangote’s insurance Premiums and commissions.

The CIC managed by a British experienced and respected
Team, with Lloyds affiliation to British Regulators’ Standard ,
will enhance Dangote’s Position in the City Of London and
allow Any Planned IPO to have Better and successful
outcome then it is NOW !.

What insurance premiums do you pay?

Many large multi-national corporations have no
idea of their worldwide insurance expenditure

 Are your group insurances managed and coordinated
to provide the group with a consistent and cost
effective approach to insurance across all countries?

 Have Dangote considered a worldwide programme for
all its assets and liabilities?

 This would give central control and be best able to
manage and optimise risks.

© 2017 Capital Investment & Management LTD

WHAT ABOUT YOUR TAX EFFICIENCY ?

Would a tax efficient legal insurance
programme be of interest?

Large multi-national conglomerates often look in
to the possibility of establishing a subsidiary
Captive insurance company (CIC), is this worthy
of pursuing? (Mauritius is fast becoming the
captive centre for Africa)

© 2017 Capital Investment & Management LTD

HOW TO MAXIMISE DANGOTE

INSURANCE BENEFIT?

CIC use reinsurance Dangote’s CIC could
arrangements in Lloyds save money in direct
and other international insurance cost and make
markets that can money with reinsurance
generate commissions on commissions producing
these reinsurance deals TWO Bites at the Cherry
up to 20% (this is genuine,
LEGAL , no risk income (double benefit).
which we share with
Dangote ) © 2017 Capital Investment & Management LTD

THE BOTTOM LINE ………

 If Dangote Group has assets of $10 billion a year to
insure , then group insurance premium could be
upwards of $ 1 Billion over 20 years and
re-Insurance commissions about 200 M USD over
the same period , BUT , outside Nigeria , paid by
Lloyds Which can be used for Investments after
acquiring a City of London licenced Financial
Services Company ( Like Oracle Capital Group )

© 2017 Capital Investment & Management LTD

WHAT IS TO BE DONE ?

To meet Capital To commission Capital To contract Capital
Investment and their Investment and their investment and their
Lloyds associates to Lloyds associates to Lloyds associates to
carry out a Feasibility
discuss the CIC study to enable Implement the
PROJECT’S benefits Dangote to see the Feasibility Study and
establish Dangote’s
Benefits
CIC

Contacts: David Ericson at : [email protected]

© 2017 Capital Investment & Management LTD