Saham Unitrust Insurance Nigeria Ltd as part of efforts to increase its presence and deepen penetration across the country has opened a new office in Kano. According to the Company, the new branch will enable it take its products closer to her clientele in northern part of the country as well as increase insurance penetration and awareness at the grass root.
The branch which is located at the commercial area in Kano was officially opened by the Chairman, Theophilus Danjuma and the doyen of insurance and one of the Directors of Saham Unitrust Insurance Nig. Ltd; J. O Irukwu.
John Ijerheime, managing director of the Company said “Saham Unitrust is in Kano to insure businesses against contingencies and unforeseen circumstances. Whatever you do with your business, try to have adequate insurance protection. No one knows the future; accidents can happen at any time, so it’s better for entrepreneur to plan their business insurance need before such incident occurs.” The event was witnessed by eminent personalities including the state government.
Saham Unitrust Insurance Nigeria Ltd. is one of Nigeria’s leading insurance companies. It was established and licensed in 1986 as Unitrust Insurance Company Ltd to operate as an insurer and underwrite all forms of general/non-life insurance transactions including Oil & Gas. Its name was recently changed to Saham Unitrust Insurance Nigeria Ltd after the investment of Saham Finances in the company. From a modest beginning in 1986, with a share capital of N1 million, Saham Unitrust has recorded tremendous growth. As at date, the authorized share capital of the company stands at N5 billion, out of which N3.3 billion is fully paid up, with shareholders funds standing at N7.17 billion.
Saham Unitrust has remained true to its vision, which is to create value for its stakeholders by ethically delivering differentiated products and by partnering with its clients to proactively manage their risks. The company has demonstrated undoubted commitment to its core values of integrity and ethics and in keeping with its overall vision, Saham Unitrust has become Nigeria’s preferred insurance company and provider of financial services.
With branch office in Abuja, Ibadan, Port Harcourt, Kano and Ibadan Saham Unitrust will continue to put a smile on the faces of the insuring public through prompt payment of claims and efficient service delivery. Our promise to Kano market is that same distinct service will be extended to Kano branch, John Ijerheime concluded in his address.
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