Capital Specific Assurance Restricted has transited its operations to a gaggle construction that has two subsidiaries.
The 2 new subsidiaries beneath the group construction are Capital Specific Life Assurance Restricted and Capital Specific Indemnity Insurance coverage Restricted (CEIIL).
Collectively, these two entities now kind the muse of the Capital Specific Insurance coverage Group, a visionary consolidation of specialized experience in life and basic insurance coverage as this transformation marks a daring step towards delivering an built-in, future-ready suite of insurance coverage options tailor-made to the wants of shoppers throughout Nigeria and past.
Talking on the unveiling of the brand new Insurance coverage Group in Ikoyi, Lagos, on Wednesday, the chairman of the Capital Specific Group, Dr. Anthony Aletor stated: “This rebranding and enlargement marks the daybreak of a brand new period for Capital Specific. With the launch of the Capital Specific Insurance coverage Group, we’re demonstrating our dedication to delivering cutting-edge insurance coverage options whereas sustaining our core values of integrity, buyer satisfaction, and innovation.”
The spotlight of the night was the official unveiling of the Capital Specific Insurance coverage Group by a director on the Nationwide Insurance coverage Fee (NAICOM), Dr. Julius Odidi, who represented the Commissioner for Insurance coverage, Olusegun Omosehin.
In his deal with, he counseled the Group’s management for its forward-thinking imaginative and prescient and unwavering dedication to driving progress inside the insurance coverage sector, whereas emphasising the pivotal position the newly fashioned Group would play in enhancing insurance coverage penetration throughout Nigeria, expressing confidence in its potential to redefine the trade.
Reflecting on the Group’s journey and future, the present MD/CEO, Mathew Ogwezhi acknowledged that, “the transformation into Capital Specific Life Assurance Restricted is not only a rebrand; it’s a reaffirmation of our dedication to creating worth for our shoppers and stakeholders. Along with Capital Specific Indemnity Insurance coverage Restricted, we’re stronger, extra revolutionary, and able to lead the insurance coverage trade into the longer term.”
On his half, the MD/CEO of Capital Specific Indemnity Insurance coverage Restricted, Adewale Koko emphasised the strategic significance of the restructuring, stating that, the formation of Capital Specific Insurance coverage Group is a strategic leap ahead.
To him, “At Capital Specific Indemnity Insurance coverage Restricted, we’re excited to take up the mantle of offering complete and revolutionary basic insurance coverage options. Our strategy is rooted in understanding the distinctive wants of our shoppers and delivering worth by means of personalised and responsive companies. That is greater than a brand new starting; it’s a dedication to driving excellence in each side of our operations.”



