Enhancing Financial Security: The Role of Insurance Brokers and the Contribution of APPIBON
Enhancing Financial Security: The Role of Insurance Brokers is crucial for peace of mind, and insurance plays a significant role in achieving this. However, many people do not realize the benefits of using an insurance broker. The Association of Professional and Practicing Insurance Brokers of Nigeria (APPIBON) aims to change that perception. Incorporated on June 13, 2013, APPIBON is dedicated to promoting the use of insurance brokers and enhancing industry standards.
Table of Contents
Why Insurance Brokers Matter
Insurance brokers act as intermediaries between clients and insurance companies, making the process of choosing the right policy easier for you. Here are some key benefits of using an insurance broker:
- Professional Advice: Brokers offer expert guidance on various insurance products.
- Efficiency: They take care of the research and paperwork, saving you time.
- Cost Reduction: Brokers often negotiate better deals and lower premiums.
- Claims Handling: They help you navigate the claims process efficiently.
APPIBON’s Core Objectives
APPIBON aims to create awareness about the advantages of using insurance brokers. By organizing regular forums, the Association provides a platform for members to discuss industry issues, share experiences, and develop strategies to enhance the sector.
Vision and Mission
The vision of APPIBON is to harness the knowledge and experience of its members to develop the insurance industry. The mission is to deepen insurance penetration in Nigeria by promoting professionalism and integrity.
Membership and Community Engagement
APPIBON’s membership is open to all professionals and stakeholders in the insurance brokerage field. This inclusive approach ensures a diverse and experienced community, committed to maintaining high professional standards.
The Board of Trustees
The Board of Trustees is the highest decision-making body in APPIBON. The current board members include:
- President: Delly Ajufo
- 1st Vice President: Sam Nyagba
- 2nd Vice President: Titus Abe
- Secretary: Abu Eboetse
Outreach and Collaboration
APPIBON is proactive in its liaison with regulatory authorities and the public. This engagement ensures the adoption of best practices within the industry. Educational programs, workshops, and public awareness campaigns are conducted to inform the public about the benefits of using insurance brokers.
Development of the Insurance Industry
APPIBON plays a critical role in the development of the insurance industry in Nigeria. By advocating for professional standards and integrity, the Association ensures that its members are equipped
to provide the best service to their clients. Continuous professional development is a priority, keeping members updated with the latest industry trends and regulations.
Contact Details
To learn more about APPIBON or to become a member, visit their office at:
Central Insurance Brokers Ltd
Suite Chatti Plaza, 6 Sapele Street
Garki, Abuja
You can also contact them at the following numbers:
08060270963, 08033112217, 08033058668, 08023061469.
Conclusion
Incorporated on June 13, 2013, the Association of Professional and Practicing Insurance Brokers of Nigeria is committed to enhancing the insurance industry in Nigeria. By promoting the use of insurance brokers, fostering professionalism, and engaging with the public, APPIBON ensures that more Nigerians understand and utilize insurance services effectively. For expert advice, cost-effective solutions, and seamless claims assistance, consider using an insurance broker today. APPIBON is here to support both professionals and the public in navigating the complexities of insurance, making it a safer and more reliable sector for everyone.
