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WAPIC INSURANCE GROUP

  • Country : Nigeria
  • Name of the Company :
  • Headquarters : 50 Awolowo Road, South West Ikoyi P.O. Box 55508, Falomo Ikoyi, Lagos Nigeria
  • Phone number : +234 - 7098821284 / 7098821285
  • Fax : +234 -
  • Email : info@wapic.com
  • Website : http://www.wapic.com
  • Share Capital :
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Main Shareholders 0
Not available.
Management Team 12
Lastname Biography
Ms. Adeyinka ADEKOYA , Chief Executive Officer
Mr. Oyebode OJENIYI , Executive Director
Mr. Olufemi OBALEKE , Executive Director, Retail
Mr. Rantimi OGUNLEYE , Managing Director, Wapic Life
Mr. Adedayo AROWOJOLU , Managing Director, Wapic Ghana
Mr. Peter EHIMHEN , Chief Risk Oficer
Mr. Sade TUNDE-PHILIPS , Head, Operations
Mr. Sunny OGBEMUDIA , Head, Internal Audit
Ms. Mary AGHA , Company Secretary and Legal Adviser
Ms. Felicia DAVID , Head, Claims
Mr. Muyiwa OKE , Head, Compliance and Internal Control
Mr. Oluseyi TAIWO , Head, Financial Control
Board of directors 8

HISTORY

• 1958: Established in 1958 as a subsidiary of Provincial Insurance Company, United Kingdom; the Company was incorporated as the West African Provincial Insurance Company (Wapic). The first alphabets of these words were later to become the acronym from which the Company’s name is coined.

• 1990: Wapic became a publicly quoted Company and listed its shares on the floor of the Nigerian Stock Exchange.

• 2007: Expanded scope of operations to Life Assurance by establishing in Nigeria Wapic Life Assurance Limited

• 2008: Wapic expanded presence to Ghana by establishing Wapic Insurance (Ghana) Limited, a wholly owned subsidiary with general insurance license.

• 2011: Wapic became a subsidiary of Access Bank Nigeria Plc following the acquisition of its former parent company by the Bank.

• 2012: Concluded a strategic acquisition of a property company; Intercontinental Properties Limited.

• 2013: Access Bank divests from Wapic Insurance Plc.

BUSINESS SEGMENTS

• General Insurance • Life Insurance

Location

Financial Highlights of the last three years
Not available.

LIST OF COUNTRIES

DIRECTORY BY GROUP

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