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Universal Insurance Plc.
Insurance
Nigeria, Lagos 2,859 followers
The official page of Universal Insurance Plc. We offer a broad spectrum of insurance products. [+2348097489596]
About us
The official page for Universal Insurance Plc. We offer a broad spectrum of insurance products and services for organizations, individuals, schools, families, and businesses of all types and sizes. Categorized as- Personal Lines, Commercial Lines, Compulsory Insurance, Retail Policies, Motor, Special Risk. which includes a wide range of - Auto Insurance All Risks Insurance Boiler & Pressure Vessels Insurance Bond Insurance Builders’ Liability Insurance Burglary & House Breaking Insurance Contractors All Risks Insurance Employers’ Liability Insurance Erection All Risks Insurance Fidelity Guarantee Fire & Special Perils Goods In Transit Group Personal Accident Insurance Health Care Professional Indemnity Machinery Breakdown Marine Cargo Insurance Marine Hull & Machinery Insurance Money Insurance Policy Occupier’s Liability Insurance Oil & Gas Insurance Plant All Risks Insurance Professional Indemnity
- Website
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https://linktr.ee/uinsuranceplc
External link for Universal Insurance Plc.
- Industry
- Insurance
- Company size
- 201-500 employees
- Headquarters
- Nigeria, Lagos
- Type
- Public Company
- Founded
- 1961
- Specialties
- Insurance, Risk Management, Risk Advisors.
Locations
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Primary
8, Gbagada Expressway, Anthony, Lagos, Nigeria.
Nigeria, Lagos +23401, NG
Employees at Universal Insurance Plc.
Updates
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Mistakes happen to the best of us. Shield your career with Professional Indemnity Insurance! It's Cover legal costs, financial loss, your profession, and negligence. Click the link here to learn more about it https://lnkd.in/dcSpYzB4 #insurance #ProfessionalIndemnity #SecureYourFuture #PeaceOfMind #PIInsurance #ProfessionalProtection #RiskManagement #PeaceOfMind #HealthcareProfessionals #MistakesHappen #FutureProof
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Most businesses and Shop Owners face the risk of their goods being lost or damaged by Fire, Explosion or Burglary (Thieves who break into Shops at night or broad daylight armed robbers). When fire outbreaks occur at business premises, people may get injured in the process of trying to save their goods. It also takes a long time to rebuild the damaged shopping plaza or complex due to financial implications or government intervention. Our Shop Insure pays you for: Goods lost or damaged by fire. Goods lost or damaged by thieves and robbers (Burglars). Rent lost for the period your shop was not in use as a result of the fire incident. Medical treatment for injury sustained during a fire or burglary or robbery incident at the insured premises. Start for as low as N2,000. Visit our site universalinsuranceplc.com to get started. #EmpowerWomen #BusinessProtection #UniversalInsurance #CraftYourFuture #PassionAndProtection #InsuranceSolutions #ProtectYourDreams #WomenInBusiness
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Simple reminder: the harder you work for something, the greater you will feel when you achieve it. Have a fulfilled weekend ahead. Visit our website for your insurance needs at universalinsuranceplc.com #insurance #universalinsuranceplc #uinsuranceplc #DeterminationWins #Success #NeverGiveUp
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Universal Insurance Grows Insurance Revenue To N8.02billion In FY 2023, As Profit Hits N514.6million Despite the harsh economic challenges in the operating environment, Universal Insurance Plc has once again recorded an outstanding success. Speaking at its 54th annual general meeting held today, the Chairman of the company, Barrister Jasper Osita Nduagwuike, said the company was able to grow its top and bottom lines, with an impressive insurance revenue of N8.02 billion, (gross written premium of N9.3 billion), surpassing the N4.8 billion insurance revenue of N5.7 billion gross written premium) recorded in the corresponding period of 2022. He said profit for the year 2023 amounted to N514,673 million while total assets rose from N12.3bn in 2022 to N15.7bn in 2023, this he said made its shareholders’ fund to grow from N7 billion achieved in 2022 to N10.4billion in 2023. On future outlook he said “this great achievement gives confirmation to the unwavering resilience of all stakeholders and their commitment to our corporate existence, surpassing expectations. Our unbroken streak of profitability in recent times is as a result of our collective efforts. Also, the Managing Director/ CEO, Dr. Benedict Ujoatuonu, noted that the insurance Service Result (underwriting profit) was N1.537 billion, down from N1.556 billion (Underwriting loss), primarily due to substantial claims payments during the period and the implementation changes of IFRS 17. Profit Before Tax (PBT), according to him reached N526.7million, as against (N124.8) million in 2022, which represents 522% growth. On its future strategic initiatives, he said the company will focus on Market expansion, Digital Transformation, Talent Development, while noting that its success is built on the dedication of its employees and are committed to their development and well- being. Source: businesstodayng.com
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How Well Do You Know Your Customers? Imagine needing to file an insurance claim only to discover that incorrect KYC details are causing delays. It’s not just frustrating—it’s avoidable! By providing accurate KYC documents upfront, you ensure that your policy is valid and your coverage is secure. Don’t let small mistakes lead to big problems—check your KYC details today and rest easy knowing you’re fully protected.
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Ensure peace of mind with protection that travels with you—every mile, every moment. Choose Universal Local Travel Insurance for a secure and worry-free trip! - N100 Only Per Trip. #LocalTravelInsurance #TravelWithConfidence #UniversalInsurance #SecureYourJourney #PeaceOfMind #TravelProtection #StaySafe #TravelSmart
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Monday is a fresh start—a new opportunity to find happiness and seize the day. Embrace the week ahead and make it count! #MondayMotivation #NewBeginnings #EmbraceTheWeek #FreshStart #Happiness #MakeItCount #PositiveVibes #UniversalInsurance
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One of the compulsory insurance policies in Nigeria is the Motor Third-Party Liability Insurance. This policy is mandatory for all vehicle owners and drivers in Nigeria. It covers damages or injuries caused to third parties due to an accident involving the insured vehicle. The policy covers liabilities such as bodily injury, death, and property damage to third parties, ensuring that victims of road accidents receive compensation. #MotorInsurance #ThirdPartyLiability #CompulsoryInsurance #RoadSafety #VehicleOwners #InsuranceCoverage #AccidentProtection #NigeriaInsurance #LegalRequirement #SafetyFirst
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Stay connected with us on Facebook for the latest updates and exclusive content! 1. Open the Facebook app or visit the website. 2. Search for "Universal Insurance Plc" in the search bar. 3. Hit "Follow" to stay updated and "Like" to show your support. Join our community and be part of the conversation today! #FollowUs #UniversalInsurance #StayConnected #FacebookFamily #InsuranceUpdates #LikeAndFollow #JoinTheCommunity