The Nigerian Federal Government, through the insurance regulator, the National Insurance Commission (NAICOM), has officially issued the operating licences for Heirs Holdings new Group insurance companies – Heirs Insurance Limited (HIL) and Heirs Life Assurance Limited (HLA).
This represents a further important milestone in a long-term strategic journey in providing much needed, quality, and valuable financial services, to a broad demographic in Nigeria.
Heirs Holdings Group Chairman and TEF Founder, Tony Elumelu stated,
Insurance should not be a luxury, and just as we have democratised other sectors, we will democratise insurance – applying our tried and tested business philosophies and execution ability.
Fuelled by the determination to improve lives and leave a legacy in the African private sector, we have embarked on this journey to revolutionise the insurance space – deploying technology, customer understanding and operational excellence.
It has been an eight-year-long journey, but with the optimism and the resilience that has brought us this far, it has been worth the wait.