Brokers reiterate commitment to partner with firms

The Nigerian Council of Registered Insurance Brokers (NCRIB) says its members will continue to partner with insurance companies to accelerate development of the industry.
President of NCRIB, Mr Shola Tinubu, who made this known in a statement on Friday, in Lagos, said such partnership would push development in the industry as long the council continued to hold its “NCRIB Members’ Evening”.
“The NCRIB Members’ Evening, is the coming together of an underwriting firm and an insurance broker, that gives the firm opportunities to extend its business frontiers and break new grounds,” Tinubu explained.
According to him, Linkage Assurance Plc, has agreed to host to February’s edition of the outing.
“It would be a win-win event for both Linkage Assurance Plc, and insurance brokers, as it would facilitate harmonious relationship between both parties.
“It is a known fact that insurance brokers constitute a crucial chain in the insurance industry in Nigeria, given the enormous clientele they control.
“This invariably, has a positive impact on the Nigerian Insurance Industry as the sector’s services and products will be extended and delivered,” he said.
According to the president, the partnership will also boost the industry’s contribution to the nation’s Gross Domestic Product (GDP).
“Through Linkage insurance Plc’s alliance with reputable financial institutions and its growing investment in human resources and information technology, it maintained the professional mien required of a global insurance company.’’
This month’s edition of NCRIB Evening would be held in Lagos on Feb. 26, Tinubu said in the statement.