In this article, we consider Law Union and Rock Insurance and all you need to know about the company.
About Law Union and Rock Insurance
Law Union and Rock Insurance of Nigeria Plc is one of the top insurance providers in the country. They offer life and non-life insurance services.
The company began operations in Nigeria in the year 1951 functioning as a chief Agency. Upon receiving a license to operate as a branch, the company served as a branch of Royal International Insurance Holding, which was a subsidiary of RSA Insurance in the United Kingdom.
On the 17th of June in 1969, the company became incorporated under the Companies Act of 1968.
It has since received recertification under NAICOM as a general insurance business underwriter.
In 2012, following divesting directives from the Central Bank of Nigeria, ACAP IClass LLP under Alternative Capital Partners and Swede Control Intertek acquired Law Union and Rock. This buyover has seen the company undergo a vibrant change.Â
Law Union & Rock Insurance Plc boasts a financial capacity of over N8billion in assets and shareholder funds. It structures the organisation according to the sectoral operational model. This enables the company to offer services that meet the needs of various economic sectors.
All this is in line with our strategic initiative to create value for our stakeholders, improve customer intimacy and achieve operational excellence.
Law and Union Rock Insurance’s management structure
The company boasts an employee base of dedicated individuals looking to provide the best of insurance services to those who need them.
The company’s top-level management comprises the following:
- Remi Babalola – Chairman
- Ademayowa Adeduro – Managing Director
- Mobolaji Akerele – Head, Corporate Communications
- Stanley Chikwendu – Secretary/Head, Legal
What products does Law and Union Rock Insurance offer?
They offer a wide range of general insurance products including cover for the following;
- Burglary or Loss
- Contractor, Plant and Machinery
- Motor Accident
- Household Insurance
- Motor Proposal and others.Â
How to process claims at Law and Union Rock Insurance?
To process a claim with them, you need to send in your claim details on the company website.
In addition, you can also send in an email, or visit the nearest office subsequently.
How can you reach Law and Union Rock Insurance?
You can reach the company;
- Through email
- Through their customer care call centre
- Via their website
- Visit the office. Headquarters is in Lagos at Law Union House, 14 Hughes Ave Alagomeji Yaba.
Other value services from Law Union and Rock Insurance
They are a technologically integrated company because they offer their services on a digital platform as an added value.
The organization makes use of several E-payment channels to encourage secure payments and avoid any hassles.
They can also make payments at POS terminals, Webpay, Quickteller or physically at banks.
CONCLUSION
Law Union and Rock Insurance operate with complete experience and professionalism.
The company’s ethics and efficiency make it a viable option when considering insurance options.
It is also one of the few insurance companies that fully utilize ICT in its Operations.