IBN boosts market with premium worthy N10 billion

By Bankole Orimisan   |   10 July 2017   |   4:15 am  

Prosper Okpue

Insurance Brokers of Nigeria Limited, said it has contributed premium worthy N10 billion into the Nigerian insurance market,its Executive Vice Chairman, Prosper Okpue, has said.

He disclosed this at a media parley in Lagos, adding that the deployment has enabled the firm to have access to key decision makers of all insurance companies to negotiate the best deal for its clients whether on programme pricing, robust cover or claims settlement.

Okpue said IBN will be unveiling a new brand identity this month, stressing that the identity is a confirmation of its commitment that it will be around for another 62 years, as a truly independent company focused on helping its clients venture boldly with confidence and maximise opportunities created from their enterprises.


“Our new IBN brand identity is a demonstration of our resolve to continue to serve our clients, with knowledge of the past, present and our ability to bring the future today,” he said.

He noted that the 62 years old firm is repositioning to meet current trends and remain afloat for many years to come, adding that it is Nigeria’s premier insurance broking and risk advisory firm established in 1955 as C.T. Bowring & Company.

According to him, IBN pioneered insurance broking in Nigeria in 1955, and has remained in the forefront of providing innovating collaborative solutions to various sectors in the country.
He said the firm’s specialty services range from personal and private wealth management to commerce and heavy industries.

“IBN is Nigeria’s pioneer incorporated insurance broking firm established in 1955, to a fully integrated risk management and insurance broking firm and ranks top amongst the most respected broking firms in the country. We leverage our historical experience of Nigeria and our deep understanding of its business dynamics helps our clients make the right decisions for their businesses,” he said.

He maintained that the firm’s core advantage is derives from integrated services such as: IBN specialty insurance broking services; wholesale reinsurance service; industrial risk protection consultants and resource benefits associates.

“Our strength is our unparalleled local knowledge with global experience and commitment to deliver specialty services as your invaluable partner in providing seamless support to meeting your risk and insurance management objectives,” he said.

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IBNProsper Okpue


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