Ambode commissions Wapic Insurance head office

Lagos State Governor, Akinwunmi Ambode has commissioned the new corporate head office of Wapic Insurance plc located on Awaolowo Road, Ikoyi, Lagos. The Governor who was received at the Commissioning ceremony by the Chairman of the Company,

Aigboje Aig-Imoukhuede assured of his administration’s commitment to provide conducive environment for businesses to thrive.

He applauded the company for creating employment and contributing to the development of the state.

Wapic says the new corporate head office equipped with state of the art IT facilities provides a conducive working environment for staff,  and enables the company serve its customers better.

“The Architectural psychology of Wapic Insurance Head Office was aimed to achieve optimal efficiency with curtain glass walls, natural cross ventilation, and greenery which are components that drive work space productivity. The edifice hosts an impressive 250 people, the Company.

The Wapic Insurance Plc  Head Office is presently one of the most efficient and green buildings within and around the Awolowo axis of Ikoyi, Lagos Nigeria with  a total land size of 13,85SQM, total built up area 3639SQM including usable roof area;50SQM, showcasing 100 percent hard and soft landscaping area on the ground floor.

Wapic Insurance Plc is a leading West African multi-line insurance company providing innovative solutions covering life, general and special risks. Established in 1958 and listed on the Nigerian Stock Exchange since 1978. Wapic’s mission is to transform into a diversified financial services institution, delivering value in a sustainable manner to her customers and stakeholders while playing a lead role in the transformation of the industry.

With headquarters 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 by solvency and capital.