Law Union & Rock Insurance Enters Abeokuta
 30th OCT 2006

Law Union & Rock Insurance Plc has begun full-scale operations in Ogun State with the opening of a branch in Abeokuta, capital city of the state. The company's branch office is located at OPIC Plaza in the heart of the ancient city.

The new outlet represents the latest effort by his management to take the benefits of the Law Union brand to every significant marketplace in the country in a carefully thought-out plan to create and protect the wealth of individuals and their businesses. The company has repositioned to offer compelling services to policyholders in terms of speed of claims settlement and the large portfolio of branded products.

Law Union & Rock has just concluded a public offer in which it sought to raise more than N1.9 billion to finance its new growth plans. The company is backed by strong institutional investors, which include Skye Bank Plc with 40 per cent stake, Consolidated Discounts Limited, 13 per cent and Swede Control Intertek with 10 per cent.

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