Entry Holdings has efficiently acquired Megatech Insurance coverage Brokers Restricted, marking a strategic transfer to broaden its companies and foster development alternatives.
Life-style Nigeria studies that Sunday Ekwochi, the secretary of Entry Holdings, revealed the acquisition by way of a company submitting on the Nigerian Alternate Restricted (NGX) on Monday.
Entry Holdings stated the transaction acquired all obligatory regulatory approvals.
“The acquisition of the corporate enhances Entry Holdings bouquet of product choices in pursuit of its imaginative and prescient of constructing globally related group of ecosystems impressed by Africa for the world,” Entry Holdings stated.
“On this regard, Megatech will try to create a world the place danger is effectively managed in order that we are able to confidently search and seize alternatives for development.”
Herbert Wigwe, the Group Chief Government Officer (CEO) of Entry Holdings, emphasised that the acquisition represents a pure development within the firm’s evolution towards a globally related group and ecosystem.
“It additionally aligns with our mission to construct and maintain one world platform, open for anybody to hitch the place folks might be related to distinctive alternatives,” Wigwe stated.
“The corporate will design and supply clever options that mitigate the distinctive dangers confronted by people and enterprise in an ever-changing world utilizing main danger administration instruments and governance requirements.”