Seven insurance brokers remitted N148.01m to PFAs in 2017

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Insurance

MATTHEW OTOIJAGHA

AIICO Insurance Plc; Risk Analyst Insurance Brokers Limited and five other insurance brokers remitted over N148.01 million of their workers’ pension contributions to Pension Fund Administrators (PFAs) last year, it has been learnt.

According to the National Pension Commission (PenCom) the firms have been issued certificates of compliance to enable the firms pursue government’s contracts in line with the Pension Reform Act 2014.

The statement noted that AIICO Insurance Plc, which has 264 staff in 2017, contributed N135.11 million. It was followed by Solid Trust Insurance Brokers Limited with nine staff and contributed N5.03 million.

Risk Analyst Insurance Brokers Limited has nine employees and contributed N2.42 million; Prorisk Insurance Brokers Limited has 9 staff, contributed N2.42million and Image Brokers Limited has 16 employees and contributed N1.51 million.

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