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Do Your Insurance Policy (motor,fire,burglary,householders,etc) With Us Today by lurfestac: 12:46pm On Jul 08, 2011 |
Law Union & Rock is one of the first generation Insurance Companies to open office in Nigeria five decades ago. We began operations in Nigeria in 1951 as a Chief Agency when the late Sir Mobolaji Bank-Anthony held the power of Attorney for Royal International Insurance Holding, a U.K leading Insurance Company [the first Nigerian to have such authority]. In 1957, the company acquired Branch status and continued to operate as a Branch of Royal International Insurance Holding, United Kingdom, transacting all major classes of Insurance businesses until June 1969 when it became incorporated locally in compliance with the Companies Act of 1968. In 1976 with the promulgation of Indeginization Decree, the Federal Government of Nigeria decided to acquire shares in leading Financial Institutions in the country, the Company was one of those affected by the exercise. The Federal Government acquired 9,775 shares of N2 each, which was 39.1% of the Company's Paid-up capital. In 1989, the Federal Government in pursuit of its Privatization and Commercialization policy offered to the public its shares in the Company and this exercise led the company into being quoted on the floor of the Nigerian Stock Exchange on 9th July 1990. Law Union & Rock Ins. Plc is now a fully indigenous public quoted Insurance Company having met the N3 Billion Capital Base and recertified by NAICOM to continue to operate as a General Insurance Business Underwriter. OUR SERVICES INCLUDES: Motor Insurance Fire Insurance Burglary Insurance Householders Insurance Accident Insurance Marine Insurance Engineering Insurance Contractors All Risks Insurance Professional Indemnity Insurance etc. Festac Branch: Law Union And Rock Insurance Plc, Pin Plaza, 1st Avenue, Festac Town Lagos. Email: lurfestac@yahoo.com Tel: 08082957049, 08036195154, 08034163548 Website: http://www.lawunioninsurance.com |
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