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Business

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Capital Market

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Insurance

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Insurance

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Universal Insurance to Host Brokers on April 26

Benedict Ujoatuonu

Managing Director/Chief Executive Officer

Universal Insurance Plc

Universal Insurance Plc has highlighted plans to host members of the Nigerian Council of Registered Insurance Brokers (NCRIB) on Tuesday, April 26 in Lagos.

A statement by the firm’s Secretary & Head, Corporate Communications, Chinedu Onyilimba stated that the meeting is the first in 2022 planned by the legacy insurer and will hold at the NCRIB House, Yaba, Lagos.

He added that the meeting is aimed at continually strengthening the company’s relationship with over 250 elite brokers’ body in Nigeria.

The Managing Director/Chief Executive Officer, Universal Insurance Plc, Benedict Ujoatuonu emphasized the importance of the brokers’ body in driving the sales and penetration of insurance in Nigeria.

Universal Insurance Company Limited (UNISURE), now Universal Insurance Plc was established by the then Eastern Nigeria Government, African Continental Bank Plc in 1961 through an association between Eastern Nigeria Development Corporation (ENDC) and Pearl Assurance Company Limited of London whereby ENDC acted as agents to the insurance company.

Universal Insurance Plc is now one of the nation’s largest personal lines insurers with over N8 billion in assets.

The company is noted as a major marketer of eight major lines of insurance, including auto, property and commercial etc.

 

 

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