The Nigerian Council of Registered Insurance Brokers (NCRIB), led by its 22nd President, Prince Babatunde Oguntade, paid a courtesy visit to Sovereign Trust Insurance Plc (STI) last week to honor the company’s 30-year milestone.

The visit, which took place in Lagos, showcased the Council’s appreciation for the underwriting firm’s contributions to the Nigerian insurance industry. Prince Oguntade congratulated Sovereign Trust Insurance on its impressive growth and stability under the leadership of Olaotan Soyinka, the Managing Director/CEO. He commended the company’s dedication to excellence and praised the visionaries who established the firm three decades ago.

In his remarks, Prince Oguntade emphasized the importance of continued collaboration between NCRIB and Sovereign Trust Insurance. He also mentioned new projects initiated by the Council and expressed hope that STI would participate in these initiatives to further strengthen the industry.

Olaotan Soyinka, MD/CEO of Sovereign Trust Insurance, expressed gratitude to NCRIB for the recognition and the longstanding partnership between the two entities. He acknowledged the unwavering support of the broking community, which he credited for much of the company’s success. Soyinka called for stronger partnerships in the future to build on the progress made over the past 30 years.

This meeting shows the strong bond and mutual respect between Sovereign Trust Insurance and NCRIB, signaling a promising future of collaboration and growth in the Nigerian insurance sector.