Equity Assurance Plc. has announced name change to Sunu Assurances Plc.
The company in a notification to all stakeholders said having passed the necessary special resolution in line with section 31 (3) of the Companies and Allied Matters Act (CAMA), Cap20, laws of the federation, 2004, and obtaining the approval of the Corporate Affairs Commission (CAC), it has changed its name to SUNU Assurances Nigeria Plc.
It further said that pursuant to section 31 (5) of CAMA, it has been issued a new certificate of incorporation by the register general of CAC evidencing the change of name.
Equity Assurance Plc. was incorporated on 3rd October 1991 with registration number RC. 175105.
It provides non-life insurance to corporate and retail customers in Nigeria and Ghana.
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It operates through three segments: Non-Life, Asset Management, and Health Management.
The Non-Life segment covers the protection of customers’ assets and indemnification of other parties that have suffered damage as a result of customers’ accidents.
The Asset Management segment offers finance leases to both individual and corporate clients.
The Health Management segment offers health management to both corporate and individual clients.
The company offers various insurance products, including fire and special peril, consequential loss, burglary, householder’s, cash in transit, goods in transit, public liability, products liability, fidelity guarantee, aviation, oil and energy, motor trade, machinery breakdown, professional indemnity, medical expense/evacuations, personal liability, and personal accident insurance products.
Equity Assurance Plc is a corporate member of the West African Insurance Company Association (WAICA) and the Nigeria Insurers’ Association (NIA), the official umbrella of registered insurance companies in Nigeria, as well as The Africa Insurance Organization (AIO).