Hello Agents!!!
Probably don’t
know what is going on in your mind about this business of ours but one thing
you should not allow to escape your mind is that currently the total
contribution of insurance to the national economy per year in excess of 240
billion Naira. At only 10% commission, 24 billion naira goes to agents and
broker. At about twice the minimum wedge of 25,000, it means that the industry
is capable of employing to 40,000 agents
and brokers and they would still be earning reasonable money. To start with there
are probably less than 12,000 agents and brokers in Nigeria and secondary the
240 billion is just a tip of the ice berg; insurance market in Nigeria is worth
at lease 2 trillion Naira per year if the operators should shun mediocrity and
glass hopper mentality. SO what does all this mean to you if you are already an
insurance agent or about to become one? You can make really good in insurance
business.
Now talking about your rights as an agent don’t joke about it and don’t let any one
make it over you.
First thing you
must do is to know that for any business that would be yours you must have
signed the proposal form in person and
if your management tries to cheat you in any way and have tried the
conventional process without success then all hope is not lost complain tto the
industry control, NIACOm
The Secretary or The Bureau
National
insurance commission
Alagbon Close,
Ikoyi
PMB 80144
Victoria Island
Lagos
2672497-99
2672468
Or zonal
offices in Enugu and Kano
