WAPIC Insurance Visits Nigeria High Commission

Wapic Insurance, a leading insurer, joined Nigerians at the Nigeria High Commission in Ghana to celebrate their country’s 56th Independence Anniversary recently.

Acting High Commissioner, Mrs. Adekunbi A. Sonaike-Ayodeji, expressed her pleasure and commended Wapic Insurance for promoting bilateral relations between Nigeria and Ghana through its operations. She encouraged the company to do more to strengthen the relationship between both countries.

Managing Director of Wapic Insurance Ghana Limited, Adedayo Arowojolu, who led the delegation from Wapic, highlighted some of the activities of Wapic.

He said that as an insurance company growing its Ghanaian customer base, Wapic has aspirations to expand its reach by providing bespoke insurance solutions that meet the needs of Ghanaians and businesses operating in Ghana.

The delegation from the company joined Mrs. Sonaike-Ayodeji to cut a cake it presented to the High Commission to commemorate the Independence anniversary.

Wapic Insurance Plc is a leading West African multi-line insurance company, providing solutions covering life, general and special risks.

Established in 1958 and listed on the Nigerian Stock Exchange since 1978, Wapic’s mission is to become a diversified financial service institution, delivering value in a sustainable manner to customers and stakeholders while playing a lead role in the transformation of the industry.

Headquartered in Lagos, Nigeria, Wapic is organized into two core business segments, General and Life Insurance.

The company has two wholly-owned subsidiaries, Wapic Life Assurance Limited and Wapic Insurance (Ghana) Limited, as well as an associated company, Coronation Merchant Bank Limited.

Through a diverse portfolio of products and a commitment to providing the best customer experience possible, Wapic, with an AM Best Financial Strength rating of “B-” and an Issuer Credit rating of ‘bb-”, has significantly enhanced its underwriting capacity, placing it among the top five insurance companies in Nigeria in terms of solvency and capital.

A business desk report