Insurance

Universal Insurance to host brokers meeting next week Tuesday in Lagos

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Chuks Udo Okonta

Universal Insurance Plc has announced plans to host members of the Nigerian Council of Registered Insurance Brokers (NCRIB) next week Tuesday in Lagos.

A statement by the firm’s Secretary & Head, Corporate Communications, Chinedu Onyilimba, stated that the meeting is the first in 2022 planned by the legacy insurer and will hold on April 26 2022 at the NCRIB House, Yaba, Lagos.

He submitted that the meeting is aimed at continually strengthening the company’s relationship with over 250 elite brokers body in Nigeria.

The Managing Director/Chief Executive Officer, Universal insurances Plc, Benedict Ujoatuonu, said insurance brokers are very important in driving the sales and penetration of insurance in Nigeria. 

The Universal Insurance Company Limited (UNISURE), now Universal Insurance Plc, was established by the then Eastern Nigeria Government, African Continental Bank Plc in 1961 through an association between Eastern Nigeria Development Corporation (ENDC) and Pearl Assurance Company Limited of London whereby ENDC acted as agents to the insurance company.

The Universal Insurance Plc. is one of the nation’s largest personal lines insurer. With over N8 billion in assets, it sells eight major lines of insurance, including auto, property and commercial.

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