Unitrust Insurance visits NCRIB, reports strong growth, capital strength
Nike Popoola
Unitrust Insurance Company Limited recently paid a courtesy visit to the Nigerian Council of Registered Insurance Brokers (NCRIB), as part of efforts to appreciate the Council for its continued support and to reinforce collaborative ties within the insurance industry.
A statement from the company today said the visit provided an opportunity for Unitrust Insurance to formally thank NCRIB for its unwavering partnership and support, which has contributed significantly to the Company’s remarkable performance over the past years.
Speaking during the meeting, the Managing Director of Unitrust Insurance, Adedayo, highlighted the Company’s growth trajectory, noting that Unitrust recorded a substantial increase in Gross Written Premium (GWP) from ₦14 billion to ₦24.7 billion in 2025. He attributed this achievement to strategic focus, operational discipline, and industry collaboration, particularly with NCRIB and its members.
Mr. Adedayo further used the occasion to inform the President and Council Members present that Unitrust Insurance has exceeded the MCR by over ₦1 billion, a milestone that underscores the Company’s financial strength, resilience, and shareholders confidence in the company.
“This achievement clearly demonstrates that Unitrust Insurance is well-capitalised, stable, and strategically positioned to meet market demands while protecting policyholders” he stated.
In her response, the President of NCRIB, Mrs Ekeoma Ezeibe expressed delight at the visit and commended Unitrust Insurance for its growth, professionalism, and consistent engagement with the Council. She also appreciated the Company’s notable support during her investiture, describing Unitrust as a dependable partner to the brokerage community.
The NCRIB President assured Unitrust Insurance of the Council’s continued support and collaboration, reiterating the commitment to strengthening industry relationships and working closely together throughout the year to drive sustainable growth.
The visit concluded on a note of shared optimism, with both organisations reaffirming their resolve to deepen cooperation in advancing the interests of brokers, insurers, and policyholders alike.
