Brokerslink, the world's largest insurance broker, announced, on October 12, that it was adding 9 new African countries to its network thus extending its services to 21 African countries.
This extension to the nine new countries was operated via alliances with eight independent brokers in those countries. The independent brokers are namely CCAR (Mauritania), Compendium (South Africa), Consass (Burkina Faso), Generalia Assurances (Cameroon), Générale de Courtage (Guinéa Conakry), La Protectrice Assurance (Togo and Benin), Hoggar Assurances (Niger) and WH Assureur-Conseil (Senegal).
"The expansion of our network in Africa is a significant indicator of our commitment to supporting independent brokers across the continent", said Ana Cristina Borges, Brokerslink’s regional manager for the MENA region.
"Africa is an increasingly important insurance market. Thanks to its extensive natural resources, growing population, increasing levels of affluence and infrastructure investment opportunities, insurance penetration is set to expand", she added.
Let’s note that an independent insurance broker has no financial tie with insurance companies and can offer the services of many insurance companies to its clients. Generally, it offers more personalized services than a direct insurer or a broker with financial ties to insurance companies.
Brokerslink is one of the leading insurance brokers in the world and is present in 90 countries. It gathers more than 10,000 professionals generating $20 billion in premiums annually on average.
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...
Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...
Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
Algeria and Egypt to launch direct Algiers-Alexandria maritime link to boost trade Bilateral trade surpassed $1B in 2024; target set...
AIIB approves $200M for Benin’s Greater Nokoué urban mobility project Plan includes road upgrades, public buses, smart traffic and lagoon...
Chad partners with Egypt to modernize state TV and train media staff Project aims to improve Télé Tchad’s content, skills and viewer experience ...
This week in African health news: Global measles cases have dropped nearly 80 percent since 2000, but major challenges remain across the continent....
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...