Insurance

Linkage Assurance strengthens tie with brokers for bigger market share

From left: Deputy President, Nigerian Council of Registered Insurance Brokers, Shola Tinubu, President, Kayode Okunoren and Managing Director, Linkage Insurance Plc, Pius Apere at the event in Lagos.

Determined to increase its market share and compete effectively for growth, Linkage Assurance Plc has moved to strengthen its relationship with insurance brokers.

Brokers according to industry statistics control over 70 percent of the market share, particularly in the corporate private and public sector business.

Linkage says coming to work with brokers more closely is in line with its vision to increase visibility, deepen penetration and provide insurance to nook and crannies of the country.

Dr Pius Apere, Managing Director, Linkage Assurance Plc speaking at the February 2017 Members Evening of the Nigerian Council of Registered Insurance Brokers (NCRIB) said brokers have a big role to play in helping to ensure that insurance takes deeper root in the economy of Nigeria.

Dr Apere said insurance sector is the backbone of any economy, and that without insurance no economy can grow because insurance sector help other business to survive, particularly in a period of economic recession.

From left: Sola Tinubu, deputy president, Nigerian Council of Registered Insurance Brokers (NCRIB); Bola Onigbogi, vice president, NCRIB; Pius Apere, MD/CEO. Linkage Assurance Plc; Emmanuel Okunoren, president, NCRIB; Feyisayo Soyewo, past president, NCRIB, and Joyce Ojemudia, GM marketing, Linkage Assurance Plc during the February 2017 members evening of NCRIB hosted by Linkage Assurance Plc in Lagos.

“Without insurance many businesses will die in this recession, that means we have a role to play by ensuring that we help businesses remain on the part of growth and sustainability, Dr Apere stated.

The Linkage boss further stated that the Company recently launched seven new products targeted at low income people, to enable them manage their risks and enhance their standard of living. There is economic recession, so these products have considered the plight of ordinary citizens such that they are affordable with a lot of benefits for individual and small businesses.

While thanking the brokers for their patronage in the past, he urged them to support the company to have an exciting and beneficial journey in 2017 and going forward.

Among the products recently launched by the Company are Linkage Purple Motor Plus; Linkage Third Party Plus; Linkage Shop Insurance; Linkage Event Insurance; Linkage Estate Insurance and Linkage SME Comprehensive.

Leave a Comment

Your email address will not be published. Required fields are marked *