Insurance

Prestige Assurance hosts brokers members’ evening

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Chuks Udo Okonta

To broaden its horizon and take advantage of the critical sector of the Nigerian insurance market, Prestige Assurance Plc will on Tuesday, April 25, 2017 host Insurance Brokers under the aegis of the Nigerian Council of Registered Insurance Brokers (NCRIB) in Lagos.

The venue is 58, Moleye Street, Alagomeji, Yaba, Lagos, starting from 3pm.
Prestige Assurance would through the hosting worm itself into the hearts of Insurance Brokers who are regarded as the most critical link in the insurance value chain.
The Nigerian Insurance market is often referred to as a Broker-Market in view of the wide sphere of control of brokers in securing insurance business for underwriters or Insurance companies.

At the moment, the Nigerian Council of Registered Insurance Brokers, which is the umbrella body controlling registered brokers in the country, has about 560 members spread across the nooks and crannies of Nigeria.

It is believed that the market penetration initiative of Prestige Assurance would witness a significant boost through the collaboration. The company will utilize the opportunity of the forum to intimate insurance brokers about the new policy direction of the company and its new products in order to expand the market share of the company.

The Members Evening of the NCRIB has remained a platform for the exchange of ideas between Insurance Brokers and Guest Underwriters in a bid to grow the insurance sector and engender harmony in the industry.

During the event, the President of the Council, Kayode Okunoren would also brief members on contemporary developments in the economy and the financial services sector as it affects the broking fraternity.

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