Brokers Are Wreaking Havoc On Our Industry —Shareholders’ ScribeBy Kayode Adelowokan, LagosIndependent Shareholders Association of Nigeria (ISAN) has said that insurance Brokers in the country have done more harm to the credibility of the industry in the time past but lauded the policy of ‘No premium, No cover’ of the National Insurance Commission (NAICOM). “The Cooperate managers in the insurance sector should also start to think of less illegality and more about service. In fact, Brokers have contributed to a great deal in helping the public because they also help to correct the bad image of the Nigeria Insurance industry. “We have heard brokers that would continue to portray the good profession in very bad shape. ISAN boss maintained that ‘No premium, no cover’ rule came as a result of deceitful brokers operating in the insurance industry.