Cornerstone Insurance Plc has solicited partnership of registered insurance brokers in its plan to deepen insurance penetration in the country.

To this end, the management of the insurance firm embarked on a courtesy visit to the Nigerian Council of Registered Insurance Brokers (NCRIB) secretariat in Yaba, Lagos on Monday, seeking collaboration of the council to bring more Nigerians into the insurance bracket.

Speaking during the visit, the managing director/CEO, Cornerstone Insurance Plc, Stephen Alangbo noted that his firm is changing the insurance landscape in Nigeria through innovation and professionalism that has stood it out from its inception until now, saying, his underwriting company has motivated professionals who are interested in promoting the Cornerstone brand.

Even though some brokers are already selling his company’s products, he called for more support, especially, from those who are currently not in business with the underwriter, disclosing that Cornerstone prioritizes claims payment and has been swift in responding to customers enquiries, a trait that stands it out.

Promising to always participate and support the activities of NCRIB, especially, under the current dispensation, he said, insurance brokers are an important segment in the insurance value-chain that cannot be ignored.

To him, Cornerstone Insurance reported N19 billion gross premium written (GPW) while Cornerstone Group posted N23 billion GPW in 2022 financial year end, even as the company withdrew N25 billion and the group posted N30 billion gross premium in 2023, a testament of growth in its business.

“We are trying to bridge the gap between Cornerstone and the brokers. Although some are already in business with us, however, we want more patronage, a symbiotic relationship. We don’t joke with claims as long as they are genuine, therefore, we can assure you that we have always and will continue to settle all genuine claims obligations. “We equally promise