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Insurance Brokers Plead For Government Patronage

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Insurance brokers, under the auspices of the Nigerian Council of Registered Insurance Brokers (NCRIB) has pleaded with the federal, states and local governments to insure their assets and workforce through registered insurance brokers in the country.

Speaking at the 2018 CEOs Retreat of the association in Uyo, Akwa-Ibom State at the weekend, the president, NCRIB, Mr. Shola Tinubu, said the importance of insurance brokers in the value chain cannot be overemphasised.

He stated that insurance brokers, being the professional arm of the industry know the nitty-gritty of insurance business and their engagement gives the client opportunity to maximise their insurance placement without any extra cost to the client.

While imploring the government, especially, Akwa-Ibom State government to ensures the inclusion of brokers in all its business transactions, this step, he stressed, is in tandem with the NCRIB Act which makes for patronage of only registered insurance brokers.

Speaking on the theme of the conference, ‘‘The Future Broker’, he said, the theme was carefully chosen considering the recent advancement being faced by all professions around the world, urging the people to always patronise insurance brokers for all their insurances.

“One of the cardinal mandates of the Nigerian Council of Registered Insurance Brokers is to offer opportunity of continuous training and retraining to its members across all strata, towards making them more adaptive to the changing dynamics in their operations. It is in this vein that it has become a tradition to organize yearly Retreats for the top echelon of the Council under the yearly CEOs’ Retreat, rotated in cities across the Country,” he said.



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