Unitrust Insurance Upbeat On Recapitalisation, Rewards Outstanding Employees

Unitrust Insurance Company Limited has assured its customers, shareholders, and key stakeholders that the underwriting firm will clear the hurdle of the ongoing recapitalisation exercise in the nation’s insurance sector.

This is despite the company awarding its long-standing and outstanding staff for their dedication and commitment to the vision of the underwriting firm.

Giving this assurance at the Unitrust Insurance End Of The Year Dinner/Award in Victoria Island, Lagos, on Saturday, Managing Director/CEO, Mr Adedayo Arowojolu, said his optimism was backed by the board’s assurance to do everything possible to scale through, even as he stated that the company is currently in a comfortable financial position to meet the stipulated deadline.

Disclosing that the company recorded a gross premium income of N14 billion in its 2024 financial year, he assured that Unitrust Insurance Company would double that figure in the outgoing year.

Arowojolu attributed the company’s success to the unwavering commitment of its staff and the divine grace, applauding its customers, shareholders, and stakeholders for their continued support and encouragement.

According to him, “the company’s remarkable performance in 2025 is a testament to its dedication to providing innovative insurance solutions to its customers. With a customer base of over 12,000 policyholders, Unitrust Insurance has established itself as a leading player in the Nigerian insurance industry.

He also acknowledged the contributions of key customers, including ITV and Superfoods, among others.

The end-of-year celebration featured the presentation of awards to staff in various categories, recognising their dedication and contributions to the company’s growth.

The extra mile award and code red award went to AbdulRahman AbdulFatai; Adebayo Stephen won the Unitrust Innovation Award; Best Dressed Female Award was for Miriam Efedhoma-Okeke while Abiodun Akinnibosun won the Best Dressed Male Award even as Cordelia was decorated the Best Cleaner Award.

For the long service award, Nkechi Agu, who has already spent 25 years with the company, Ijeoma Patrick, 20 years with Unitrust, Emmanuel Aniemeke, 20 years, Ebuka Williams, 15 years, Joy Isemede, 15 years and Ngozi Odikanu, 10 years, were all rewarded for their years in service of the insurer.

The event was attended by the company’s board of directors, management, and staff, as well as customers and stakeholders.