(Ecofin Agency) - 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.