SUNU ASSURANCES NIGERIA PLC.
SUNU Assurances Nigeria Plc traces its origins to December 13, 1984, when it was incorporated as Equity Assurance Nigeria and obtained a license to underwrite all classes of general business. The company embarked on a significant transformation on March 29, 2018, changing its name to SUNU Assurances Nigeria Plc following the acquisition of a majority stake by the prominent Pan-African insurance group, SUNU Group. Headquartered in Lagos, Nigeria, the company operates as a key part of the SUNU Group, which maintains a substantial presence across 14 African countries, allowing SUNU Assurances Nigeria to leverage a broad network of expertise and resources. The company's core business revolves around providing a comprehensive range of non-life insurance products and financial services primarily within Nigeria. It operates through three main segments: Non-Life Insurance, Asset Management, and Health Management. Its non-life offerings include retail products such as motor, personal accident, householders/house owner, burglary, computer all-risk, and travel insurance. For corporate clients, SUNU Assurances Nigeria provides extensive coverage, including aviation, marine, fire and special perils, public liability, professional indemnity, and various contractor and builder related insurances. Beyond insurance, the company also engages in asset management through finance leases via its subsidiary EA Capital Management Limited, and offers health management services through Sunu Health Nigeria Limited.
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