Thursday, 24 April 2014

Old Mutual hosts brokers


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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