The Importance of Insurance Brokers
The Importance of Insurance Brokers: How the Association of Professional and Practicing Insurance Brokers of Nigeria is Making a Difference. Insurance is a crucial aspect of financial planning and security. However, many people are unaware of the benefits of using an insurance broker. The Association of Professional and Practicing Insurance Brokers of Nigeria (APPIBON) is here to change that. Incorporated on June 13, 2013, APPIBON is dedicated to promoting the use of insurance brokers and enhancing professionalism within the industry.
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Why You Should Use an Insurance Broker
Insurance can be complicated, with various policies, terms, and conditions. An insurance broker simplifies this process for you. They act as intermediaries between you and insurance companies, ensuring you get the best policy tailored to your needs. Here are some key reasons to consider using an insurance broker:
- Expert Advice: Brokers are knowledgeable about different insurance products and can provide expert advice.
- Time-Saving: They handle the research and paperwork, saving you time and effort.
- Cost-Effective: Brokers can often negotiate better deals and premiums on your behalf.
- Claims Assistance: In the event of a claim, brokers assist you in navigating the process smoothly.
APPIBON’s Commitment to Excellence
The Association aims to foster a spirit of oneness and promote managerial excellence among its members. Regular forums are organized for members to discuss matters of interest, share knowledge, and develop strategies to enhance the industry. By leveraging the experience and expertise of its members, APPIBON is focused on developing the insurance sector in Nigeria.
Vision and Mission
APPIBON’s vision is to harness the knowledge and experience of its members to develop the insurance industry. The mission is clear: to deepen insurance penetration in Nigeria by promoting professionalism and integrity.
Membership and Community
Membership in APPIBON is open to all professionals and stakeholders involved in insurance brokerage. This inclusive approach ensures a diverse and knowledgeable community, committed to the highest standards of professionalism.
The Board of Trustees
The Board of Trustees is the highest decision-making body within the Association. The current board members include:
- President: Delly Ajufo
- 1st Vice President: Sam Nyagba
- 2nd Vice President: Titus Abe
- Secretary: Abu Eboetse
APPIBON’s Outreach and Activities
APPIBON is proactive in liaising with regulatory authorities and the general public. This interaction ensures the adoption of best practices within the industry. Through educational programs, workshops, and public awareness campaigns, APPIBON aims to inform the public about the benefits of using insurance brokers.
The Role of APPIBON in Industry Development
The Association plays a pivotal role in developing the insurance industry in Nigeria. By advocating for professional standards and integrity, APPIBON ensures that members are well-equipped to serve their clients effectively. The continuous professional development of members is a priority, ensuring they stay updated with industry trends and regulations.
Address and Contact Information
For those interested in learning more about APPIBON or becoming a member, the Association’s office is located at:
Central Insurance Brokers Ltd
Suite Chatti Plaza, 6 Sapele Street
Garki, Abuja
You can 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 dedicated to enhancing the insurance industry in Nigeria. By promoting the use of insurance brokers, fostering professionalism, and engaging with the public, APPIBON is making significant strides in ensuring 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.
