Unitrust strengthens relationships with brokers for insurance market expansion

L-R: Dele Oyetunji, Chief Marketing Officer, Unitrust Insurance Company Limited; Rotimi Adewole, Vice President; NCRIB, Olufunke Adenusi, Vice Chairman; Ekeoma Ezebe, Chairman, NCRIB; Adedayo Arowojolu, Chief Executive Officer, Unitrust Insurance Company Limited; Tope Adaramola, Executive Secretary/CEO, NCRIB; and Tunji Anibaba, Executive Director, Technical, Unitrust Insurance Company Limited during a courtesy call on the Chairman of NCRIB at their Lagos office recently.


Unitrust Insurance Company Limited has strengthened ties with the Nigerian Council of Registered Insurance Brokers (NCRIB), the intermediary arm of the industry that controls over 70 percent market share.

Unitrust expressed its appreciation for the continued support and strengthening of collaborative relationships within the insurance industry in a courtesy call on the Council recently.

The visit provided an opportunity for Unitrust Insurance to formally thank NCRIB for its unwavering partnership and support, which has significantly contributed to the Company's remarkable performance over the years.

Speaking during the meeting, the Managing Director of Unitrust Insurance, Adedayo Arawojolu, highlighted the company’s growth trajectory, noting that Unitrust recorded a substantial growth in gross written premium (GWP) from N14 billion to N24.7 billion in 2025.

He attributed this achievement to strategic focus, operational discipline and industry collaboration, particularly with NCRIB and its members.

Adedayo used the occasion to inform the Chairman and Council members present that Unitrust Insurance has raised MCR to over N1 billion, a milestone that underlines the financial strength, resilience and confidence of shareholders in the company.

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“This achievement clearly demonstrates that Unitrust Insurance is well-capitalized, stable and strategically positioned to meet market demands while protecting policyholders,” he said.

In his response, NCRIB Chairman Ekeoma Ezebe expressed pleasure at the visit and commended Unitrust Insurance for its growth, professionalism and continued engagement with the Council.

He also praised the company's remarkable support during his investment, calling Unitrust a trusted partner to the brokerage community.

The NCRIB Chairman assured Unitrust Insurance of the Council's continued support and cooperation, reiterating their commitment to work together throughout the year to strengthen industry relationships and pursue sustainable growth.

The visit concluded with shared optimism, with both organizations reaffirming their resolve to deepen cooperation in advancing the interests of brokers, insurers and policyholders.

Unitrust Insurance Company Limited is a leading Nigerian insurance provider offering a wide range of general insurance solutions. The company is committed to financial strength, customer-centricity, innovation and long-term value creation for stakeholders.

Modestus anasaroni

Modestus Anasoroni is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pensions sectors in Nigeria and West Africa. He has held key editorial positions at leading national media outlets including The Comet, The Nation and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Limited. A widely traveled reporter, he has covered industry developments in more than 14 countries in Africa and Asia. Anaesoroni is a multi award-winning journalist, having been honored multiple times as Insurance Journalist of the Year and Pension Journalist of the Year by recognized industry bodies including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp).

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