Wapic Insurance Downloads

Our History and Awards

History

2014

  • Articulated a  5-year strategy with the objective of becoming  top 2 fully serviced African Insurance company.
  • Concluded divestment arrangements with former parent companies
  • Secured AM Best rating.

2013

  • Divested from Access Bank.
  • Achieved a growth in shareholder base to 850,000

2012

  • Raised additional and concluded a strategic acquisition of Intercontinental Properties Limited.
  • Became a top 5 Insurance company in Nigeria using Shareholders’ Fund and Total Assets as measures.

2011

  • Became a subsidiary of Access Bank Plc following the acquisition of its former parent company by the Bank.

2008

  • Expanded presence to Ghana by establishing Wapic Insurance (Ghana) Limited, a wholly owned subsidiary with general insurance license.

2007

  • Expanded scope of operations to Life Assurance by establishing Wapic Life Assurance Limited
 

1990

  • Became a publicly quoted Company and listed its shares on the floor of the Nigerian Stock Exchange.

1958

  • Established in 1958 as a subsidiary of Provincial Insurance Company, United Kingdom; the Company was incorporated as the West African Provincial Insurance Company (Wapic). The first alphabets of these words later became the acronym from which the Company’s name is coined.

 

Awards and recognition

2016 Phillips Consulting 2016 Web Jurist awards.

  • Winner Overall performance, Insurance category
  • 2nd Place - Best Overall, Insurance category
  • Winner - Aesthetics, Insurance Category
  • 3rd Place - Use of Social Media (Twitter), Insurance category
  • 3rd Place - Overall Social media, Insurance category
  • 2nd Place - Use of Social Media (Facebook), Insurance category

2008

  • Nigerian Stock Exchange 31st Annual President's Merit Award for 2007 in Insurance Sector

2005

  • Nigerian Stock Exchange 27th Annual Presidents Merit Award for 2004 in Insurance Sector
  • Pearl Sectorial Leadership Award for quoted companies in Insurance Sector for 2004
  • Pearl year 2004 Highest Profit Margin Ratio (Market Excellence Category) for all quoted companies

2004

  • Nigerian Stock Exchange 26th Annual Presidents Merit Award for 2003 in Insurance Sector
  • Pearl Sectorial Leadership Award for quoted companies in Insurance Sector for 2003
  • Pearl year 2003 Highest Profit Margin Award (Market Excellence Category) for quoted companies