The Universal Insurance Company Limited (UNISURE)

The Universal Insurance Company Limited (UNISURE) is a winner of the 2016 West Africa Responsible Investment Award and accredited "West Africa Top200 Responsible Investments"  in recognition and appreciation of its enormous contribution towards social-economic development of west Africa and contribution towards realisation of the United Nations Sustainable Development Goals in West Africa. Awarded and Accredited by Public Opinions International

The Universal Insurance Company Limited (UNISURE), now Universal Insurance Plc. was established by the then Eastern Nigeria Government, African Continental Bank Plc in 1961 through an association between Eastern Nigeria Development Corporation (ENDC) and Pearl Assurance Company Limited of London whereby ENDC acted as agents to the insurance company.

The Universal Insurance Company Limited also from inception has been on a partnership relationship with Swiss Reinsurance Company of Zurich, which also provided the necessary reinsurance support. Mr. K. R. Lugg an expertrate had the privilege of being the first General Manager of the Company untill 1963 when Mr. M.A.C Chukwudinma was appointed the 1st indigenous General Manager.     

The aftermath of the Nigeria civil war was that the eastern Nigeria became defunct. Thus after series of changes, the East Central state was split into Anambra, Imo, Enugu, Abia, and Ebonyi states. These five states apart from many individuals have shares in the Company.

As at today, this company has an asset base of over =N=10Billion, authorized and share capital of 16Billion units and =N=8Billion paid-up respectively. It is a General Business organization (i.e. underwrites General Insurance business).

The Universal Insurance Plc is now fully computerized to drive execellence in service delivery, Customer - oriented and a prime company that is poised to be a giant in risk bearing.


The New Universal Insurance Plc is now a mega organization comprising the former United Trust Assurance Company Limited, Oriental Insurance Company Limited and African Safety Insurance Company Limited.  Overtures are still being made by some companies seeking to be acquired by the new mega Company.   The Shareholders fund of the new mega Company after NAICOM verification stood at over N9Billion.

The new Universal Insurance Plc has 100% equity stake in African Alliance Insurance Company Limited to handle the Life aspect of its operations.

In order to guarantee maximum cover to our customers Universal Insurance Plc has made a two pronged reinsurance arrangement as follows:

  • Unlimited capacity protection on facultative reinsurances based on individual account. Our facultative reinsurances are placed both locally and offshore depending on the size of the account.
    Our offshore placing Brokers based in London give us access to all first class reinsurers worldwide and Lloyds of London.
    Our local facultative reinsurance is placed with other local insurers and other regional reinsurers that respond quickly to claims.
  • The second segment of our reinsurance arrangement is led by the foremost reinsurance company in African sub region-African Re.

Universal Insurance Plc has therefore restructured its Management and operations for the challenges ahead. We are pleased to introduce to you a repositioned giant in the Insurance Industry in Nigeria.  

Who We Are

The Universal Insurance Plc. is one of the nation’s largest personal lines insurer. With over N8 billion in assets, we sell eight major lines of insurance, including auto, property and commercial.

We are widely known for providing peace of mind to our clients and enriching their quality of life through our partnership in the management of the risks they face.


Our company is structured to guarantee efficiency in service delivery to our clients. We run a unique system that empowers middle level officers to take decisions quickly. We have also developed and put in place an environment that is customer oriented in both design and attitude that enables us walk our talk. Our high performance work environment encourages individual accountability, innovative thinking and continuous learning and improvement. Our work environment is fast-paced, challenging, and collaborative. It's our goal to provide challenging work that is interesting and meaningful and to reward employees' efforts based on a pay for performance approach.

Our Network

Universal Insurance Plc has operations in 10 states with branches in Port Harcourt, Abuja, Enugu, Owerri, Benin City, Onitsha, Jos, Aba, Port Harcourt and Kaduna. Customers can access our products and services through any of our branches or visit our website. Know our locations.

OUR CORE clients

  • Africa Ports Services
  • National Maritime Authority
  • Nigeria Port Authority
  • Nigeria Customs Services
  • Nigeria Railway Corporation
  • Kogi, Akwa–Ibom, Anambra, Enugu, Imo, Abia And Ebonyi States
  • Federal University of Technology, Akure
  • Fedearal Road Safety
  • The Nigerian Security Printing and Minting
  • Nigerian Television Authority 
  • Alcon Nigeria Limited
  • Global Success Fellowship
  • IBETO Petrochemicals
  • Central Bank of Nigeria
  • DAEWOO Nigeria Limited
  • NNPC
  • Multi – Trade Etc.


Universal Insurers Nigeria



Awarded and Accredited by:

Public Opinions International

Plot 30 Suite 5, Level 4

Greenland Tower Kampala Road

P.O Box 35297 Kampala-Uganda

Tel: +256701992426

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