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About the Company

Cornerstone Insurance PLC, established in 1991, is a leading insurance company in Nigeria, offering a comprehensive range of insurance products and services. The company provides solutions in areas such as motor vehicle, aviation, marine, engineering all risks, asset protection, liability to third parties, oil & gas, group life, credit life, mortgage protection, term assurance, wealth creation products, and Takaful (Islamic insurance). Cornerstone Insurance PLC is committed to delivering innovative and customer-focused services, adhering to professional and ethical standards.

Leadership Team

• Stephen Alangbo – Managing Director/Chief Executive Officer
• Stanley Nzedu – Chief Financial Officer
• Peter Ekwueme – Chief Operating Officer
• Foster-Aileru Adewale – Head of Investor Relations

Corporate Social Responsibility (CSR)

Cornerstone Insurance PLC is dedicated to corporate social responsibility through initiatives that promote education, community development, and industry research. The company has instituted an annual essay competition to enhance insurance knowledge at tertiary institutions, leading to the employment of several graduates. Additionally, Cornerstone Insurance PLC supports orphanages and other charitable organizations.

Company Milestones

• 1991: Incorporated as a private limited liability company.
• 1997: Became a public limited liability company and was listed on the Nigerian Stock Exchange.
• 2008: Implemented a rebranding exercise to position Cornerstone as a leader in the industry.
• 2023: Appointed Mr. Stephen Alangbo as the new Managing Director/Chief Executive Officer.