By NEIL HARTNELL
Tribune Business Editor
A leading Bahamian insurance agent yesterday said it would gain some 3,000 policyholders, paying collective gross premiums of $3.5 million per annum, as a result of absorbing the general insurance portfolio of another intermediary in which its ultimate parent acquired a majority interest in August 2010.
John Dunkley, managing director of Nassau Underwriters Brokers & Agents (NUA), told Tribune Business that while the company was still doing budget forecasts for 2011, he would be "happy" with a 5-10 per cent commission increase, which was anticipated to come from both its new Carmichael Service Station and absorption of General Brokers ...
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