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.
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
BCEAO keeps key lending rate at 3.25% and marginal rate at 5.25%. UEMOA growth reaches 6.6%...
Egypt launches tender for private operator at Hurghada International Airport Move part of plan to upgrade 11 airports, double tourist numbers by 2030...
Tanzania signs deal to revive Bagamoyo port with Africa Global Logistics Project includes 3 berths at Bagamoyo, 2 more at Dar es Salaam port...
African ministers adopt Algiers Declaration on regulating global digital platforms Framework seeks fairer terms with OTTs, stronger data and AI...
Ghana’s Q3 2025 GDP grew 5.5%, led by agriculture and services Growth slowed due to hydrocarbons slump and weak industrial performance...
Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...