Chuks Udo
Okonta
Old Mutual
Nigeria Life Assurance Limited will host the April 2014 edition of the Members'
Evening of the Nigerian Council of Registered Insurance Brokers (NCRIB) billed
for Tuesday, April 29, 2014 at the Insurance Brokers House, 58, Moleye
Street, Alagomeji, Yaba, Lagos, starting from 3. 00pm.
A release by
the Director of Communications of the NCRIB Tope Adaramola, said the bi-monthly
event is to be utilized by the host company to enlist the support of insurance
brokers for the market expansionist strategy of the company.
Adaramola
noted that the Members' Evening has remained a veritable platform for
networking between insurance underwriters and insurance brokers under the aegis
of the NCRIB to grow the market strength of the former.
It is a common belief that the Nigerian
insurance market is a Brokers- market, considering the fact that no fewer than
70 per cent of insurances underwritten by insurance companies are placed
through Brokers. This is the reason why many underwriters take advantage of the
Members Evening to grow their market share through Brokers, he said.
Adaramola
disclosed that Old Mutual will utilize the platform to apprise brokers with its
market initiatives and curry their support for progress.
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