By Chisomo Phiri
Financial services giant NICO has emphasized the crucial role that insurance brokers play in widening access to insurance in the country.
Speaking at a high-level brokers’ workshop held in Lilongwe on Wednesday, NICO Life Chief Operating Officer Chimwemwe Kanyenda described brokers as essential partners in driving the growth of the insurance sector.
“Brokers are not just intermediaries,they are trusted advisors and advocates who help bridge the gap between insurers and clients,” said Kanyenda.
He explained that the workshop was part of NICO’s continued efforts to equip and empower brokers with the knowledge and tools needed to better serve the market.
On her part,Resilient Insurance Agency Business Development Manager, Moreen Kambalametore, welcomed the initiative, saying it was instrumental in helping brokers gain a deeper understanding of NICO’s diverse range of products and services.
An insurance broker is someone who advises people on their insurance needs and negotiates insurance contracts on their behalf with insurers in return for a fee or commission.
