The Nigerian High Commission in London says the frontiers of international trade is open to Nigerian insurance brokers to secure business space, promising full assistance will be granted by the Nigerian High Commission.
The delegation of The Nigerian Council of Registered Insurance Brokers (NCRIB) led by its President, Mr. Rotimi Edu, mni, got the assurance during a visit to the Nigerian High Commissioner to the UK, Mr. Sarafa Tunji Isola. The High Commissioner said the trade office would offer support services to members of NCRIB.
He noted that with the Brexit, more opportunities were coming the way of Nigeria to make impact in business relationships in the UK including insurance and other financial services.
Mr Isola expressed delight in the profound efforts being made by brokers to bring more Nigerians into the insurance net, an improvement that has changed the face of the sector and the poor perception of insurance services.
Speaking earlier, Mr Rotimi Edu, mni, informed the High Commissioner that the delegation of the Council was in the UK to attend the 2022 British Insurance Brokers (BIBA) Conference in Manchester and that it was expedient to pay a courtesy visit to the High Commissioner.
Edu said the the Nigerian insurance market sprout from the UK insurance market, noting that the two had a shared heritage and the UK insurance industry still influences Nigeria market.
He appealed for support from the Nigerian High Commission to facilitate trade relationship, stressing that the challenges of the industry were being addressed as it relates to inadequate capital and insufficient professional expertise to handle huge risks.
The event marked the first time that the delegation of the Council would visit the High Commission, a plus for the brokers and the entire insurance market in Nigeria.