Linkage Assurance Plc has announced its 2020 unaudited result recording a 28 per cent growth in its Gross Premium Written from N6.5 billion in 2019 to N8.3 billion.
It also achieved profit before tax of N2.5 billion, and paid out claims amounting to N2.4 billion during the same period.
The firm attributed its continuous growth and market expansion to her good relationship with the insurance brokers.
Linkage said its focus going into 2021 and beyond will be to strengthen the relationship by continuously providing efficient services and meeting claims obligations promptly.
Managing Director/CEO, Daniel Braie, made the disclosure during the general meeting of the Nigerian Council of Registered Insurance Brokers (NCRIB) Lagos Area Council(LAC) hosted by Linkage in Lagos.
“This would not have been possible without your support for which we are grateful. We had the largest aviation treaty in the market last year, and this year we about the highest in fire treaty. So, we are ready to serve you well.
“Linkage Assurance Plc recognises the pivotal role of the broker’s community in the growth of insurance business and that is why we decided that apart from hosting the national body, we would go a step further to host the various Area Councils across the country.”
“So far, we have done this in Abuja, Kaduna, Port Harcourt and now Lagos. If not for the COVID-19 Pandemic that broke last year which affected businesses all over the word including Nigeria, we would have covered more states,Braie said.
He said Linkage Assurance is still very committed to achieving this objective because of the importance it places on brokers as her strategic partners, as it is committed to delivering on the promises of her vision and mission statements.