By ROSEMARY ONUOHA

President of the Nigerian Council of Registered Insurance Brokers, NCRIB, Mr. Ayodapo Shoderu has expressed dissatisfaction on the current division masterminded by some aggrieved brokers in the insurance industry.
Shoderu said they will make  effort to bring the aggrieved brokers under one umbrella body which is the NCRIB.
Shoderu who made this known while addressing media men in Lagos recently, therefore, called on the brokers who broke-away from the body to embrace dialogue in order to move the broking fraternity forward.

Shoderu said that NCRIB is poised to listen to the aggrieved brokers in order to address their misgivings and resolve all issues amicably. He added that the council has reached out to some key members of the faction, but they are yet to embrace the invitation extended to them.

He said NCRIB will not hinder individuals from associating as they have the fundamental right to associate, adding that  NCRIB remains the only body empowered by law to register brokers in the country.
Shoderu said, “I appreciated the National Insurance Commission, NAICOM, for ensuring sanity in the broking sub sector through the harmonization of provisions of the law regarding NCRIB registration and NAICOM licensing.

“This collaboration should continue for the benefit of the insured and the overall growth of the industry. The day is gone when unscrupulous brokers hide under either of the two bodies and by so doing mislead the insuring public.

“On the part of my team, I pledged to do all within our powers to ensure maximum cooperation with NAICOM and to ensure that no charlatan breaks the ranks of insurance broking anymore.”
It will be recalled that the splinter group broke away because they felt their interest is not protected by the leadership of NCRIB, which they considered to be too loyal to NAICOM.

To actualise their desire, they have gone to the Corporate Affairs Commission (CAC) to incorporate a body known as Association of Professionals and Practicing Brokers of Nigeria, which they hope would help defend the rights of brokers in the country.