In a letter communicated to Linkage Assurance Plc’s Chairman Board of Directors, the National Insurance Commission (NAICOM) confirmed the appointment of Daniel Braie as the company’s Managing Director (MD) and Chief Executive Officer (CEO).
Daniel Braie’s profile
Braie started his insurance career with UNIC insurance in 1978, in the Marine and Aviation department where he rose to the position of Marine Underwriter/Adjuster of Marine Claims. He remained with UNIC holding several managerial positions up till 2001 when he left the company to join Trust & Guarantee Insurance Company Limited as its pioneer General Manager and later doubled as Company Secretary.
Following the successful merger between Trust & Guarantee Insurance Company Limited and Crusader Nigeria Plc. In 2007, he joined the Crusader Group as a Deputy General Manager/Group Head Enterprise Marketing and also held various managerial positions. He was also the Vice Chairman/ Chief Executive Officer of Topflight Insurance Brokers Ltd before joining Linkage Assurance Plc.
Braie is a seasoned Insurance professional with a Distinction from the prestigious West African Insurance Institute (WAII).
In addition, Braie is an Associate of the Chartered Insurance Institute of London and Nigeria, he holds an MBA and is an alumnus of Enugu State University of Science and Technology (ESUT) Business School.
The company had released its financial results for the period ended September 30, 2018. Linkage Assurance Plc recorded a Gross Premium Income of N3.6 billion as against N3 billion in the corresponding period of 2017.
Profit before tax stood at N387 million in 2018 as against N2.8 billion in 2017. Profit after tax stood at N84 million in 2018 as against N2.8 billion in 2017.
About the firm
Linkage Assurance Plc was incorporated in Nigeria on March 26, 1991 as
a private limited liability company, and was licensed to cover and transact non-life insurance businesses on October 7, 1993. The company commenced its operations in January 1994.
In 2003, the company became a public limited liability company and Company’s shares, which were quoted on the NSE were first listed on November 18 of the same year.
Linkage Assurance Plc is currently trading N0.70 on the floor of the Nigerian Stock Exchange (NSE).