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About the Company

Coronation Insurance PLC, formerly known as Wapic Insurance PLC, is a leading Nigerian insurance company offering a comprehensive range of products and services covering life, general, and special risk businesses. Established in 1958 and headquartered in Lagos, Nigeria, the company has a strong presence in the West African insurance market. In September 2020, the company rebranded to Coronation Insurance PLC to reflect its strategic direction and growth aspirations.

Leadership Team

• Olamide Olajolo – Chief Executive Officer
• Bankole Osebeyo – Chief Financial Officer
• Mutiu Sunmonu – Chairman
• Olusegun Babalola Ogbonnewo – Director
• Titilayo Osuntoki – Director

Corporate Social Responsibility (CSR)

Coronation Insurance PLC is committed to corporate social responsibility through initiatives that promote community development, environmental sustainability, and economic growth. The company emphasizes responsible business practices and social impact, aiming to improve the quality of life in its host communities.

Company Milestones

• 1958: Incorporated as Wapic Insurance PLC.
• 2020: Rebranded to Coronation Insurance PLC to align with strategic goals.
• 2022: Released the 2022 Annual Report, highlighting financial performance and strategic initiatives.
• 2024: Reported significant growth in gross premium written, reflecting strong market performance.