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Operators hail deepening penetration with market portal

By Bankole Orimisan   |   17 April 2017   |   4:00 am

The commercial launch of Insurance Market, an insurance trading portal where insurance products can be bought and sold has begun to receive encomiums from key players in the industry.<br />

The commercial launch of Insurance Market, an insurance trading portal where insurance products can be bought and sold has begun to receive encomiums from key players in the industry.

The Managing Director, Brightway Insurance Brokers Limited, Mrs. Nike Braimoh, while commenting on the launch of the portal in an interview recently, expressed that hope that the portal will help to bring insurance products to many Nigerians, particularly those in the remote areas of the country.

According to her, many Nigerians don’t know about insurance and how insurance product can help them solve some financial problems, saying that insurance policies have a way of helping to solve some future problems.

Braimoh, while hailing the launch of the Insurance Market by Pinet Informatics Limited, an information technology company based in Lagos, said that “the increase in mobile phone will help to deepen insurance penetration across the country even in interior part of the country where you don’t have insurance companies or brokers.”

She said through the portal, many Nigerians can now have several polices by accessing the internet through their mobile phones, noting that “there are some literate Nigerians who know the importance of Insurance. So with the click of a button on the Insurance market portal they can now have access to any insurance policy of their choice.”

On the value that the trading portal will bring to the industry, she said that it will make it easy to buy insurance policy adding that it will give customers satisfaction because of the user friendly nature of the portal.




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