… Tasked to do more
By Henry Uche
One of Nigeria’s leading Underwriters, Universal Insurance Plc has received the ‘Insurance Brand of the Year’ Award 2022, of Independent Newspaper Awards, adding to its growing list of laurels.
The insurer was announced winner of the coveted awards at a glamorous ceremony attended by the crème de la crème in the financial sector including insurance industry CEOs, Captains of Industries and Senior financial executives.
Speaking shortly after receiving the award in Lagos, the Managing Director/CEO, of the Insurer, Mr. Benedict Ujoatuonu, who expressed delight over the recognition said: “It shows the growth and expansion we are experiencing in the company which have consistently in last five years been on the upward movement both in top line and bottom line.
“We design products to meet specific aspirations and needs of the insuring public. In Universal Insurance we have peculiar products in the market that are mostly unique to our brand. This we have consistently been doing in ensuring that the insuring public get what they need not actually what we think they need. These are part of the things that gave us an edge taking up this award”
According to him, the Company has an asset base in excess of N11bn, authorized and share capital of N16bn units and N8bn paid-up respectively.
“As a general business organization underwriting non-life risks, we are fully computerized to drive excellence in service delivery, customer-oriented and poised to be a giant in risk bearing business” he added.
In a remark, the Managing Director/Editor-In-Chief, of the Media organization, Mr. Steve Omanufeme, noted that the Universal Insurance was selected based on its exceptional performance in the insurance industry.
“Our board of editors specifically embarked on a thorough and painstaking assessment exercise from which our distinguished awards recipients were selected.
“Today we are here to celebrate you all for your services to Nigeria in your chosen fields. Indeed, you all have a rich résumé of achievement worthy of emulation. These awards are just a token of our appreciation of your rich achievements and we fervently pray they motivate you to a greater height” he charged.