Guinea Insurance Plc

Guinea Insurance Plc

Insurance

Lagos, Lagoss 3,163 followers

...exceeding your expectations

About us

The history of GUINEA INSURANCE PLC dates back to the year 1948 when British West African Corporation Limited (BEWAC) opened an Insurance Department and became Chief Agents in Nigeria for Legal and General Assurance Society Limited of London. In 1950, the Agency was extended to Norwich Union Fire Insurance Society Limited, United Kingdom. In response to Business Growth and to maximize available opportunities, Legal & General Assurance Society Limited, Norwich Union Fire Insurance Society Limited, Northern Region Development Corporation Limited and British West African Corporation Limited jointly incorporated an insurance Company. Thus, Guinea Insurance Company Limited became operative from December 3, 1958. The Overseas shareholders held 51% majority shares before the indigenization decree of 1976, reversed the holding to 60% Nigerian interest, 40% overseas. The Overseas Shareholders divested their 40% holding to existing Nigerian Shareholders in 1988 thereby making the Company 100% Nigerian.

Industry
Insurance
Company size
51-200 employees
Headquarters
Lagos, Lagoss
Type
Public Company
Founded
1948
Specialties
Non-Life Insurances, Oil and Gas, and Energy and Special Risk

Products

Locations

  • Primary

    Guinea Insurance House, 33 Ikorodu Road, Jibowu, Lagos, Nigeria

    4th and 5th Floor

    Lagos, Lagoss 100252, NG

    Get directions
  • Jinifa Plaza

    Plot 1014, Samuel Ademulegun Street, Central Area District

    Abuja, Abuja FCT, NG

    Get directions
  • No.60A, Old Market Road

    Opp. Broadway Cinema

    Onitsha, Anambra, NG

    Get directions
  • 5TH Floor, Skywaters Tower, 6, Otunba Yomi Oshikoya Street

    Off Mobolaji Bank Anthony Way

    Ikeja, Lagos, NG

    Get directions

Employees at Guinea Insurance Plc

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