African Alliance, Insurance Brokers to Fortify Ties for Deeper Penetration

By Dipo Olowookere

African Alliance Insurance Plc is looking to further fortify its relationship with the Nigerian Council of Registered Insurance Brokers (NCRIB) in order to deepen insurance penetration in the country.

The MD/CEO of Africa Alliance, Mrs Joyce Ojemudia, while speaking last week in Port Harcourt, Rivers State, at the South-South Area Committee of the NCRIB, appreciated the group for their past business relationships, but expressed the desire of the company for more.

“We do not take your support for granted, knowing well your critical role in our industry as well as being our longstanding partner in progress. For every business we have gotten from you, we say thank you.

“But like Oliver Twist, we want more. Wanting more for us is not just about raking in more premiums, it is also about partnering with you to grow your businesses too while bringing succour to our mutual clients as well as driving the industry’s penetration. We reiterate our unstinting commitment to making you happy; after all, we are all in the business of putting smiles on people’s faces,” she said.

Highlighting the company’s claims profile in the ongoing business year, she said in the first two months of the year, the firm had already paid a total of N1.42 billion in claims.

“Broken down; we paid N268.14 million in Group Life claims; N248.79 million in Individual Life claims; N165 million in Takaful claims; Esusu took N8.77 million while Annuity was N726.18 million,” Mrs Ojemudia stated.

A major attraction at the event was the special lecture titled Solutions Mindset, which was delivered by Mr Kalada Apiafi, Chairman, Wider Perspectives Limited.

Mr Apiafi emphasised the place of creativity in coming up with solutions, stating that problems are always in abundance whereas very few engage in creative processes that inspire solutions.

Another attraction was a raffle draw for all attendees where various prizes were won.

In continuation of its Brokers Roadshow, the company has concluded plans to host Abuja Area Committee on March 24.

The Abuja event will include an Insurance Awareness Walk, a collaboration between the NCRIB Abuja Area Committee and African Alliance Insurance Plc.

Incorporated in 1960 to transact life businesses in Nigeria, African Alliance Insurance PLC has grown in leaps and bounds while providing succour for individuals and aiding businesses across the country for over six decades.