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.
AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...
Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...
Investment bank BCID-AES established in Bamako Bank aims to fund infrastructure, agricultur...
This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...
Fitch upgrades Côte d’Ivoire to BB, saying political uncertainty has lifted and the country has mo...
In the wake of rising gold prices, several mining companies are accelerating the development of new projects. In Zimbabwe, U.S.-based Namib Minerals...
Benin approves construction contract for Cotonou Cultural and Creative Quarter 12-hectare site to boost arts, cultural industries, and international...
Denmark’s UPF Group opens logistics office in Douala, Cameroon Move expands African footprint, targeting stronger regional service and reach Entry...
Agreement supports marine protection, funding access, and blue economy growth Draft law approved by ministers, now awaits parliamentary vote Togo...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...
Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury...