The Nigerian Council of Registered Brokers on Tuesday endorsed Heirs Insurance Limited and Heirs Life Assurance Limited as reliable partners for brokers to collaborate with.
The council’s President, Dr. Bola Onigbogi, announced this at the bi-monthly members’ evening of the council.
It was hosted by Heirs Insurance and Hiers Life Assurance in Lagos.
Onigbogi explained that the endorsement was as a result of the two newly launched companies’ offers of progressive array of products and promise of excellent service.
She said: “I have no iota of doubt in my mind that Heirs Insurance and Heirs Life are companies to watch out for in the market.
“A critical examination of your workforce and your enthusiasm to host this members’ evening at a time like this is a pointer to a greater business exploit you are poised to accomplish.
“I guarantee you of your endorsement by my professional colleagues and assure you that going forward, your business will never be the same.”
Onigbogi charged the council’s members to always critically examine the viability of an underwriter before placing business with them, following the expulsion of three insurance companies by the Nigeria Insurance Association as its members.
She said: “We are not resting our oars and will still forge ahead by ensuring that no insurance policy will be placed without the contribution of the brokers.
“Until the public understands the role of brokers, the allegation of non-payment of claims and other consequential image challenges will remain.”
In her address, the acting Chief Executive Officer, Heirs Insurance Limited, Dr. Adaobi Nwakuche, acknowledged NCRIB as an important stakeholder in insurance business by liaising between customers and insurance firms.
Nwakuche told the brokers that the insurance firm was on a mission to democratise insurance and make it accessible to everyone.
She said: “To achieve this, we paid careful attention to the needs of every customer across all the social circles while building our products.
“We are pleased to say that we have simple and affordable insurance plans for everyone and we are confident that with the support from NCRIB, we will deliver on our promise of excellent service delivery to the public.”
In his remark, the Chief Executive Officer, Hiers Life Assurance, Niyi Onifade, said the newly launched underwriter was bringing simple and affordable products to the market.
Onifade noted that collaboration with NCRIB would advance both companies’ ambition of providing customers with insurance service that is simple, quick, accessible and reliable.
He said: “Our mandate is to provide excellent service to customers, and we understand that to achieve it, we need to collaborate with bodies that believe in a similar vision of always putting the customers first.
“The NCRIB represents this and with them as partners, we can jointly move the business of insurance forward.”
Over 300 brokers across the country were at the event.
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