Leadyway Assurance Company is one of the leading insurance companies in Nigeria, which was established in 1970 and since then has been waxing strong with an asset base of 371 Billion.
Leadway as a household name is one of the top insurance companies that has been undergoing the re-capitalization exercise by Nigeria Insurance commission (NICOM) on a yearly basis to enable them to be an inactive business.
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Leadway assurance as a composite insurance company has offices all over the nation and other associates companies in Nigeria such as
- Leadway pension
- Leadway capital and trust
- Leadway hotels limited
- Leadway properties and investment
Leadway insures you and also assures you that is why they are composite in nature.
They take the risk of investment by assuring you of returns in investment upon maturity in investment payment of claims at maturity and customer satisfaction remains their top priority.
Leadway assurance company gives you the opportunity to accumulate cash over a specified period of time of which is called disciplined savings, to enable you to meet long term needs and targets
Leadway enables you to deal with the money market and not the banks because your interest is usually two percent above the banking rate as at when any insurance policy is been purchased.
Leadway went as far as adding an additional 250 Thousand naira life insurance package in the case of eventually for all customers free of charge.
Leadway assurance has spent more than 5Billion to enable the company to go digital hereby providing a website and a mobile app that can be used to make payment and also checkmate your policy anywhere anytime at your own convenience.
Leadway Investment Plan
- Leadway savings plan (LSP)
- Education savings plan (ESP)
- Personal savings plan (PSP)
- Differed annuity plan (DAP)
- Endowment plan (EP)
- Leadway target plan (LTP)
- Education target plan (ETP)
Leadway Assurance Company Limited History
Leadway assurance company is the first leading composite insurance underwriter in Nigeria. Over the years leadway has built a solid reputation on integrity, prompt claims settlement, and innovative services.
Leadway assurance company was founded in 1970, by Sir (Dr.) Hassan O. Oduakale (KJW, D.Sc, FCIN).
Which started operation as a direct motor assurance company and developed to a stage where it has established a deep relationship with the token network in Nigeria.
Client in leadway has been happy and gaining a 100% sense of belongings and the company has also enjoyed steady growth in its commitment to providing integrated services and financial services to its numerous customers.
An uncompromising level of integrity of services is a tradition in calculated at leadway and instilled by its late founder, Sir (Dr) Hassan O. Odukale, KJW,
As an astute and honest businessman the founding managing director and later chairman of the board of director, Sir Odukale nurtured the company to an enviable position in the Nigerian Insurance industry.
His vision of dedicated service to all customer remains on guiding principle that shapes the policy of the company.
From (1999-2020) Sir, Oye Hassan Odukale took the realms of the leadership of this profounded company to the next level and also maintaining the legacy and integrity of which the company was established.
This leadership has led to a subsequent increase in client, company’s assets base, and generated a whole lot of yearly profit after undergoing successful recapitalization exercise by Naicom.
The said recapitalization exercise which has been enforced by Naicom to regulate all insurance companies in Nigeria has increased gradually over the years from 2billions, 4 billion, 10 billion and now 20 billion worth withstanding leadway assurance has stood firm and generated profit in excess after each process
On 1 January 2020, Tunde Hasson Odukale who was a member of the board of directors took the mantle of leadership to pilot the affairs of leadway assurance after Oye Hassan Odukale retires.
Tunder Hassan Odukale has been the driving force behind the tremendous growth leadway have seen in the areas of life assurance, finance, and technology.
This makes him a natural successor to steer the company to its next phase in history.
He graduated from the University of London and at university London he holds a bachelor’s degree in pure mathematics and is an alumnus of the Lagos, London, Harvard, and Stanford business schools.
He sits on the board of directors of various blue chips companies, which include the first bank of Nigeria limited.
He is a member of the royal society of mathematic, the institute of actuaries, and the institute of directors.
Why Invest In Leadway Assurance Company
That’s a good question, investing is actually a business that comes with a lot of risk at hand. Before we want to invest in any business, company, or organization.
First, we do want to ensure they are liable and capable, and above all our profit is secured and attached with a guaranty.
People who save money in bank’s aren’t aware of how they are being scammed indirectly. That’s just a fact.
There’s a lot of difference between savings in the form of investment and pure savings (like having a bank savings account.
Below are just few recipes why you should consider investing with leadway assurance company today.
- Leadway assurance company has to be in operation since 1970 which signifies that they are masters of their trade.
- Leadway assurance company is a well known registered and recognized assurance /investment company in Nigeria functioning since 1970
- They are the NO.1 assurance company in Nigeria, Imagine having to be an investor of such company.
- They have several sectors as stated above that generate massive funds for the company.
- In case of risk, the leadway assurance company has dealt with any uncertainty that may arise making it a risk-free investment.
Top 5 things that you don’t know about Leadway Assurance company
There are several things you don’t know about Leadway, which is probably why you are still missing out on the insurance you deserve. Below are the top 5 things you should know; this will help you make your insurance decision. Are you ready to unveil the secrets?
- It serves as the best burden carrier and shock absorber.
Well, you might say, “all insurance companies are burden carriers; there’s nothing special about this.” Here is where you are missing it. Different insurance companies bear burdens for their clients differently, but no one does it better than Leadway Assurance company. This company offers insurance services for general businesses and life.
Whenever an undocumented plan or unforeseen circumstances befall your business, you don’t have to be shocked or overly stressed. Leadway is always there to absorb the shock and bear the burden that might feel too heavy for you.
2. Offers the best savings plan for your future security. The future is pregnant with uncertainty, and knowledgeable people will do whatever it takes to secure their future, even if it’s just a fragment of it.
Having savings toward the future is wise, but selecting an insurance company like Leadway for it is smarter. Leadway Assurance company offers you the best savings plan you can ever get out there. This, it does by offering unsullied financial services such as shares, bonds, portfolio management, secured credit, and a host of others. You don’t have to worry or feel left out because of the industry you work for; this is because the company isn’t skeptical about your industry. It offers equal financial services to people across all sectors.
3. It provides all kinds of insurance Do you seek a company that can give you all-round insurance? Although many people believe it’s impossible to get a company that can bear the cost and gives you all-round insurance, here, the story is different.
4. Financially capable and structurally qualified. Before an insurance company can be approved to be the best among the rest, it has to pass several tests. Some of such tests are strength tests, financial tests, and structural/physique tests. If any company misses this or fail, then it isn’t worth being an insurance company.
Its financial capability measures the reputation and greatness of an insurance company. Leadway company passed the strength, financial, and structural test without missing the mark. Its financial ability makes it easy to be a burden carrier for thousands of people who seek future security and life insurance.
5. It can underwrite grave risks for heavy industries. You must have heard or been told that most insurance companies shy away from bearing insurance responsibilities for heavy industries like oil and gas. This is primarily because of the hefty charges and financial weight it carries, which can adversely affect its financial status.
This is a bonus mark to Leadway and the core aspect where it takes the overall leading position. The company provides insurance for the oil and gas industries alone; it also provides essential financial services to other heavy industries.
If you seek life insurance with no worries about the uncertain future, you need to sign up with a Leadway company today!! Safe and secure your future.
Leadway Assurance locations Across the country
- Corporate Office
- Abuja Office
- Abeokuta Office
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