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Unic Insurance Lagos

Business Directory » Professional Services

Unic insurance is a leading financial services company which develops and markets financial products and services that meet crucial protection and savings needs of individuals and corporate organisations. The company's strategic interests lie in two primary areas, namely: Risk Management and Asset Management.


Incorporated on April 2, 1965 as the United Nigeria Insurance Company Limited from the merger of the Northern Assurance Company Limited and White Cross Insurance Company Limited, both overseas Insurance Companies. The company commenced operations on October 1, 1965.


Since its incorporation in 1965, Unic Insurance Plc. has built a reputation as a strong underwriting house providing its numerous policyholders the security of its Financial Reserves, Underwriting Expertise and First-Class Reinsurance Treaties.


The recent introduction of new Life products and the expansion of the company’s operations into Health Insurance and asset Management re-inforces the company’s commitment to developing services to meet the growing needs of its clients.


UNIC has steadily met all its financial obligations paying out in excess of N 3b in the last 3 years in Claims and Commissions.


Health Insurance - Nigeria's pioneer health insurance underwriter.


UNIC is the pioneer underwriter of health insurance in Nigeria. UNIC Health's goal is to provide affordable access to quality healthcare services in Nigeria. UNIC health policies are serviced nationwide by Critical Rescue International (CRI) through its network of Medi-Clinics; fully equipped ambulances and a 24-hour medical call centre, as well as pre-audited third party provider partner medical clinics, hospitals and specialists.


Life Assurance – Putting 43 years experience into new products for life


Our range of Life products are developed from a sound understanding of the business, as well as from constantly monitoring the lifestyles of our customers and keeping track as their needs change. Whether a savings plan, an education plan, a funeral plan etc, the ultimate goal is to provide perfect fit-to-need products that help protect and provide peace of mind for our policy holders and their loved ones.


Asset Management – Investments in real growth assets and consistent cashflow


Our Asset Management unit is responsible for making sure that UNIC taps into investment areas of growth, quality returns and relevance to the lives of our target market. The aim is to ensure that the Company has enough liquidity to meet its obligations to its policy holders and other stakeholders. Notable principal investments include Critical Rescue International (CRI) and VGC Recreation Club, both wholly owned subsidiaries of UNIC Insurance. UNIC Asset Management also has a strong property portfolio and is an active investor in quoted equities.

Phone 234(1)270-9784
Address Plot 144 Oba Akran Avenue, Ikeja P.O Box 588, Lagos.

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