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   Home> Company Profile

 THE END OF THE BEGINNING


A&G – Reborn, Renewed, Refreshed, set to redefine market boundaries

EARLY BEGINNING
A&G Insurance Company Limited (A & G Insurance) is a member of the Fidelity Bond Group and a dynamic insurance company. As an emerging industry leader A & G Insurance is at the heart of the ongoing reforms at the various stages of public governance.
Since its establishment in 1987, Alliance & General have been constant in pursuit of the original mission, by offering you the best attributes of a small dynamic team combined with those of a major insurer.

Yours faithfully


Dimeji Popoola B.Sc (Hon) Insurance, ACII

Masters in Banking and Finance, Student Member, Chartered Institute of Stock Brokers
Managing Director/CEO


MISSION

“To build a secure and dynamic company, providing insurance protection to the satisfaction of each proposer, against the risks inherent in the modern society and economic environment, thereby contributing to the growth and development of humanity”


VALUES

Our philosophy has been successful and is founded on some key strength – continuity, integrity and service – which together have ensured our willingness and our ability to pay claims. It has made us a secure partner for your insurance needs, today and in the future.


TWO DECADES LATER HISTORY

Alliance & General Insurance Company Limited was incorporated on 2nd April 1987, commenced trading in January 1989, from its former Corporate Headquarters to its new corporate office in A&G Plaza, 12 Abibu Oki Street, off Broad Street, Marina, Lagos. Reg. No: 93906
Alliance & General Insurance Company has authorized and fully paid up share capital of N3,000,000,000.00 making it one of the capitalized companies in the Nigerian Insurance Industry, with 17 branches nationwide and an AAA+ rating by Dunn & Bradstreet.

 


INCREASED CAPITALIZATION

SHAREHOLDING
The Company ownership is prudently distributed 60% European corporate investors, and 40% Nigerian shareholders. The equity structure of the Company was carefully selected, not only for the financial benefit, but to support the growth of a dynamic company with the goal of being a major player both in the domestic and international insurance markets.


OUR PHILOSOPHY

Our philosophy has been successful and is founded on some key strength – Our people, quality service, professionalism, superior risk profile, innovative products, branch network, underwriting capacity and strategic alliances – which together have ensured the willingness and ability to pay claims. It has made A&G a secure partner for your insurance needs, today and in the future.


THE NEW TESTAMENT

A&G Insurance is set to combine the 20 years experience and safety of an underwriting company with the efficiency and innovation of the next generation risks and financial solutions provider.
In order to develop customer relationships that retain the loyalty of our existing customers and enable the new customer segments and market areas to be served effectively and efficiently, and with rapid technological innovation, A&G creating a new environment which will master anticipating customers future needs, devising radical new products and service offerings, in addition to rapidly deploying new product technologies into efficient and operating and service delivery processes.
To be able to do this effectively, we are creating a model of high-achievers with the intellectual elite-leaders and an innovative internal process


RETHINKING RISK- ..maximizing Customer lifetime value!

A&G Insurance is well positioned to leverage on the veritable collective experience of its personnel to recreate the boundaries of risk management and insurance. The knowledge base of A&G Insurance dynamic personnel cuts across various aspects of insurance and this ensures A & G Insurance remains on the cutting edge in underwriting insurance business and providing risk management services.

At A&G, we value change, experimentation, and constant improvement and have redesigned our systems to stimulate change and improvement. We have developed the concept of “A Risk within Insurance” which is empowering our people to redefine the service culture and maximize our client’s lifetime value.

 
 
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