Great Nigeria Insurance Plc

 Insurance /

Corporate Profile

Great Nigeria Insurance Plc commenced business in 1960. Our 55 years of insurance underwriting, financial advisory and real estate investments have enabled us to exclusively master the business terrain and develop skills that give us an edge in service delivery and total customer delight. Great Nigeria Insurance Plc has continuously arranged very adequate reassurance treaties with a consortium of reputable reassurance companies both locally and internationally providing us with the required capacity to underwrite risks placed with us.

The ownership of the company is made up of diverse shareholders from wide range of individuals and institutional investors with a robust Board of Directors of distinguished personalities. The company has invested in the best of people and technology, improving on processes, growing its market share and thereby expanding its balance sheet size. The company continuously strives to be amongst the top players in the insurance industry. The Board of Directors of the Company is made up of reputable individuals that have distinguished themselves in their respective fields of endeavour.

Recently, following Central Bank of Nigeria (CBN)’s directive that required banks to either divest from non-core banking subsidiaries or form holding company to hold those subsidiaries; Wema Bank divested transferring its 75% equity stake in GNI Plc to Insurance Resourcery and Consultancy Services Limited. The acquisition process started in 2011 and was concluded on September 21, 2016.

Facilities have been put in place to improve efficient services driven by state-of-the-art information technology to ensure efficient and reliable system of prompt claim settlement as well as meet our underwriting obligations. The Head office is located on 8, Omo-Osagie Street, off Awolowo Road, Ikoyi, Lagos with Regional, Branch and Agency offices spread across the country.

Our Vision:

To be the insurance Company of choice for keeping promises to stakeholders

Our Mision:

Giving you peace of mind by keeping our promises.

Our Shared Values:

This is what defines us and how we intend to add value through the following:

• Professionalism: We strive to uphold the basic principles and ethics of insurance business in our service delivery.
• Empathy: We strive to ensure that our customers do not feel neglected by responding swiftly.
• Passion for Customers: The interest of our customer is key; we creatively respond to their needs.
• Team Spirit: We place premium on our people’s involvement and teamwork which remain the source of our strength.
• Innovation: We are continuously reviewing our products and services in order to serve our customers better.
• Precision: We are committed to perfection, integrity and excellence.

To consistently live our business philosophy encapsulated in our values, we have assembled a vibrant and purposeful Management team made up of highly experienced and result-oriented Professionals who are fully poised and determined to contribute meaningfully towards the upliftment of insurance practice in the country.

  • Listing ID: 1683
Contact details

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