The importance of brokers in the insurance value chain cannot be overemphasized, Nigerian Council of Registered Insurance Brokers (NCRIB) President, Mr. Shola Tinubu has said. He stated this at the council’s CEOs’ Retreat with the theme, “The future broker” held in Uyo, the Akwa Ibom State capital.
He explained that brokers were in the professional arm of the industry, who understands the nitty-gritty of the business, adding that their engagement gives the client opportunity to maximise their insurance placement without any cost to the client.
Tinubu said they had carefully chosen a theme in line with the vision of the administration. The theme would not have come at a better time, considering the advancement being faced by professions around the world, he said.
He appealed to the Akwa Ibom State Government to ensure the inclusion of insurance brokers in its business transactions. “This step is definitely in tandem with the NCRIB Act which makes for patronage of only registered insurance brokers. We will appreciate that our choice of Uyo for the retreat will be the beginning of mutual and beneficial relationship between the Council and the Akwa Ibom State Government.’’