• Wednesday, February 28, 2024
businessday logo


Why Access Bank acquired Megatech Insurance Brokers

Why Access Bank acquired Megatech Insurance Brokers

Access Holdings, one of the biggest banks in Nigeria, has acquired Megatech Insurance Brokers Limited, an insurance brokerage company.

The company revealed this in a statement on Monday.

“This acquisition is a natural step in our evolution as a globally connected community and ecosystem and aligns with our mission to build and sustain one global platform, open for anyone to join where people can be connected to exceptional opportunities,” Herbert Wigwe, group chief executive officer of Access Holdings said in the statement.

He said the company will design and provide intelligent solutions that mitigate the unique risks faced by individuals and businesses in an ever-changing world using leading risk management tools and governance standards.

He added that the acquisition of the company complements Access Holdings’ bouquet of product offerings in pursuit of its vision of building a globally connected community of ecosystems inspired by Africa for the world.

“Megatech will strive to create a world where risk is efficiently managed so that we can confidently seek and seize growth opportunities.”