Stanbic IBTC Insurance Brokers urges Nigerians to take up more insurance policies.

Must Read

TAJBank Launches Nigeria’s 2nd Non-Interest Financial Institution (Photos)

Abuja Nigeria   December 2nd 2019, TAJBank, Nigeria’s second Non –Interest financial institution, has announced the launch of its services...

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

Here are the world’s most popular city destinations in 2019

Euromonitor International recently released the “Top 100 City Destinations 2019” ranking report, covering the world’s leading cities ranked by...
- Advertisement -
- Advertisement -

Nigerians have been enjoined to protect themselves against unforeseen mishaps by investing in insurance products. Making this call recently in his office in Lagos was the Chief Executive, Stanbic IBTC Insurance Brokers Limited, Mr Anselem Igbo.

According to Igbo, insurance penetration in the country is too low and does not augur well for the wellbeing of individuals, businesses and the economy. Igbo said the insurance business is a unique one, which has been set up to help clients effectively manage their risks, including theft, accidents, robbery, injuries, manmade and natural disasters, and even death, thereby ensuring peace of mind through risk transfer and efficient insurance claims.

Stanbic IBTC Insurance Brokers urges Nigerians to take up more insurance policies.
L-R: Head, Claims, Adebisi Oresanya; Head, Business Development, Ibiyemi Mezu; Chief Executive, Anselem Igbo; Chief Operating Officer, Sakeenat Bakare; and Head, Underwriting, Ibraheem Kadiku, all of Stanbic IBTC Insurance Brokers Limited, at the media parley organized by the broker in Lagos, on Wednesday (29/08/2018)

“Insurance is an essential part of everyday life. Contrary to what currently obtains, where insurance penetration in the country is low, every adult Nigerian ought to see insurance as a necessity, one that helps them mitigate all forms of unfortunate situations such as theft, accidents, robbery, manmade and natural disasters, and even death by taking on these risks so that they can have peace of mind knowing that someone is there to assume the risks for them,” Igbo said.

Read:  Kia Unveils the All-New 2018 Kia Sportage SUV Proudly Assembled in Nigeria (Photos)

“The insurance industry has numerous bespoke products and services to cater for the insurance needs of all strata of society, including individuals, families, groups, associations, businesses, and large organizations. I, therefore, urge Nigerians to protect themselves, their families and valuables by investing in insurance coverage,” Igbo urged.

Stanbic IBTC Insurance Brokers urges Nigerians to take up more insurance policies.

L-R: Head, Business Development, Ibiyemi Mezu; Chief Executive, Anselem Igbo; and Chief Operating Officer, Sakeenat Bakare; all of Stanbic IBTC Insurance Brokers Limited, at the media parley organized by the broker in Lagos, on Wednesday (29/08/2018)The insurance chief stated that one of the reasons the Stanbic IBTC Group established the Stanbic IBTC Insurance Brokers was to fill this perceived gaps in the industry and ensure Nigerians are adequately protected. Igbo said the company commenced full operations sequel to the granting of a licence by the National Insurance Commission (NAICOM) in January 2016, paving the way for the firm to offer the full spectrum of insurance brokerage services, a development that will help in deepening insurance penetration in the country.

Read:  Stanbic Ibtc Posts N16.1b PAT In Q1

According to the chief executive, Stanbic IBTC Insurance Brokers, building on the brand strength of the Standard Bank Group, to which Stanbic IBTC Holdings belongs, will continue to adopt the global best practice in its operations, including exceptional quality of service and facilitating prompt payment of claims for clients.

Read:  Stanbic IBTC Bank Reiterates Support For Savings Culture

“Our services apply to individuals and corporate entities, existing customers and non-customers of the Stanbic IBTC Group. As insurance professionals with a vast knowledge of the workings of the insurance market, we are able to arrange the most suitable policies for our individual and corporate clients. We proffer advice on the management of risk, secure protection against such risk and reduce exposure to the risks of business disruption, injury and death. We also deliver creative risk management solutions that enable our clients to create, protect and preserve wealth,” Igbo restated.

Stanbic IBTC Insurance Brokers Limited is a subsidiary of Stanbic IBTC Holdings Plc, a member of Standard Bank Group, a full-service financial services group with a clear focus on three main business pillars – Corporate and Investment Banking, Personal and Business Banking and Wealth Management. Standard Bank Group, to which Stanbic IBTC Holdings belongs, is the largest African bank by assets and market capitalization. It is rooted in Africa with strategic representation in 20 countries on the African continent, including South Africa. Standard Bank has been in operation for over 155 years and is focused on building first-class, on-the-ground financial services institutions in chosen countries in Africa and connecting other selected emerging markets to Africa and to each other, applying sector expertise, particularly in natural resources, globally.

- Advertisement -

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

Latest News

The ‘Digital Paradox’ Facing the Media Industry In 2020

Technology will continue to redefine the media landscape in 2020, creating opportunities and challenges for marketers. As ad spend...

“I want To Be A Doctor So I Can Save People From What Happened To My Dad”, MTN’s First Kid-CEO Says

Ademuwa Ifeoluwa, the 14-year-old winner of the Lagos State Private Schools Spelling Bee sponsored by MTN mPulse, gave us a peek into his life and...

Biometrics Firm, ZKTeco to Establish R &D Centre in Nigeria

ZKTeco, a biometrics technology, identity management and security applications firm, says it plans to establish a research and development centre in Nigeria as part...

Nestlé scales up action against child labor and expands cocoa sustainability program

Nestlé has today reported significant progress in its efforts to tackle the issue of child labour in the cocoa communities of West Africa. It's...

Sanwo-Olu Appoints Adedamola Docemo As New Managing Director For LASAA

Sanwo-Olu appoints Adedamola Docemo as new Managing Director for LASAA. Lagos State Governor Mr Babajide Sanwo-Olu has approved the appointment of Prince Adedamola Docemo as...

More Articles Like This