Why should I use an insurance broker Broker (or stock broker or dealing clerk) – An individual that executes buy and sell orders submitted by an investor. They are the only persons permitted to transact business on the floor of the stock exchange or in the OTC market. A broker must be employed by a dealing member, and must pass both the Chartered Institute of Stockbrokers Exam and the Nigerian Stock Exchange Authorised Clerkship Exam to be licensed to trade on the NSE floor. Stock brokers provide advice and make recommendations to their clients, but must have a client instruction before executing a trade behalf of that client. They usually charge a commission for the service they render their clients. instead of dealing directly with an insurance company?An insurance broker Broker (or stock broker or dealing clerk) – An individual that executes buy and sell orders submitted by an investor. They are the only persons permitted to transact business on the floor of the stock exchange or in the OTC market. A broker must be employed by a dealing member, and must pass both the Chartered Institute of Stockbrokers Exam and the Nigerian Stock Exchange Authorised Clerkship Exam to be licensed to trade on the NSE floor. Stock brokers provide advice and make recommendations to their clients, but must have a client instruction before executing a trade behalf of that client. They usually charge a commission for the service they render their clients. provides independent advice, helps compare options from multiple insurers, assists with policy placement, and offers support throughout the claims process.What types of insurance solutions does Bancorp Insurance Brokerage provide?We provide a wide range of insurance solutions, including Corporate Insurance, SME Insurance, Individual Insurance, Specialty Insurance, Risk Advisory Services, and Claims Support Services.What is an insurance broker Broker (or stock broker or dealing clerk) – An individual that executes buy and sell orders submitted by an investor. They are the only persons permitted to transact business on the floor of the stock exchange or in the OTC market. A broker must be employed by a dealing member, and must pass both the Chartered Institute of Stockbrokers Exam and the Nigerian Stock Exchange Authorised Clerkship Exam to be licensed to trade on the NSE floor. Stock brokers provide advice and make recommendations to their clients, but must have a client instruction before executing a trade behalf of that client. They usually charge a commission for the service they render their clients. ?An insurance broker Broker (or stock broker or dealing clerk) – An individual that executes buy and sell orders submitted by an investor. They are the only persons permitted to transact business on the floor of the stock exchange or in the OTC market. A broker must be employed by a dealing member, and must pass both the Chartered Institute of Stockbrokers Exam and the Nigerian Stock Exchange Authorised Clerkship Exam to be licensed to trade on the NSE floor. Stock brokers provide advice and make recommendations to their clients, but must have a client instruction before executing a trade behalf of that client. They usually charge a commission for the service they render their clients. acts as an intermediary between clients and insurance providers, helping individuals and businesses identify suitable insurance solutions based on their needs and risk profile.What is a deductible or excess?A deductible, also known as an excess, is the portion of a loss that the policyholder is responsible for paying before the insurer contributes toward the claim.What happens if I miss a premium payment?Coverage may be affected if premium payments are not made as required. Please contact us immediately if you anticipate payment difficulties.How often should I review my insurance policies?We recommend reviewing your insurance coverage annually or whenever there are significant changes to your personal circumstances, business operations, or assets.How do I request an Insurance quote?You can request a quote through our online Quote Request Form, contact our team directly, or schedule a consultation with one of our insurance advisors.How do I determine the right insurance coverage for my needs?Our advisors assess your risks, business operations, assets, and objectives to recommend insurance solutions tailored to your specific requirements.How can I stay informed about insurance updates and industry insights?You can subscribe to our newsletter to receive updates, educational resources, industry insights, and company announcements.How can I speak with an insurance advisor?You can contact us through our website, call our office, submit an enquiry form, or schedule a consultation.Do you provide insurance audits and policy reviews?Yes. We can review existing insurance arrangements and recommend improvements to ensure appropriate coverage.Do you offer virtual consultations?Yes. Consultations can be conducted virtually or in person, depending on your preference.
