By Lateef Adegbite
There are indications that Heirs Insurance Limited, HIL, and Heirs Life Assurance Limited, (HLA, newly Launched Insurance Companies, have concluded plans to host over three hundred brokers at the Nigerian Council of Registered Insurance Brokers,NCRIB, monthly forum in Lagos, the nation’s Commercial nerve centre.
The event, which is scheduled to hold on Tuesday, July 6, 2021, in Lagos will have the Chief Executive Officers, CEOs and other top officials of the two companies meet with the brokers from across the country ‘to further solidify existing relationships and discuss ways to improve the industry’.
Niyi Onifade, CEO, Heirs Life Insurance, said the gesture will enable the companies ‘to achieve the goal of providing customers with insurance that is simple, quick, accessible, and reliable’. He stressed the importance of strengthening such relationships for the improvement and practice of insurance in the country to meet the needs of the 21st century customer.
Adaobi Nwakuche, acting EO, Heirs Insurance described the opportunity to meet with the Brokers’ as timely and with great potential’. According to her, brokers are key stakeholders and hosting the brokers’ forum provides both companies an opportunity to discuss matters pertinent to the advancement of the industry.
Founded by Tony Elumelelu, a Philanthropist and Chairman, Heirs Holdings Investment as well as the Chairman of UBA plc and Other other notable Organisations, the two new Insurance firms, were said to have been Launched in June, 2021. Heirs Insurance, the general insurer, with the mandate to protect people’s properties and specialist life insurance company, Heirs Life, with a vision to provide financial security and life insurance plans for people, leverage digital ‘to provide simple, quick, reliable, and accessible insurance to individuals and businesses’.
With a fully paid-up share capital of N10billion and N8billion respectively, HIL and HLA, were said to have commenced operations with a workforce of astute and experienced professionals, and a robust financial capacity to underwrite all classes of general and life insurance businesses. The companies are backed by top-notch Reinsurers to provide second-layer security for clients’ insurance portfolios. The two Insurance companies, according to insiders are subsidiaries of Heirs Holdings, a pan-African investment group with presence across 3 continents and 20 African countries.