Guinea Insurance Plc has restated its commitment to strengthening its capital base in line with the Nigerian Insurance Industry Reform Act 2025. The firm said in a statement on Thursday that the step was vital to its long-term growth and future competitiveness.

The pledge was made during a courtesy visit to the National Insurance Commission, where the team was received by Olusegun Omosehin in Abuja. The delegation was led by the board chairman, Temitope Borishade, with several non-executive directors accompanying him on the visit.

Senior management officers, including CEO Ademola Abidogun, also joined the strategic engagement in Abuja. Talks focused on regulatory developments, emerging industry trends, and initiatives to improve capacity and customer experience across all touchpoints.

Mr Borishade said the visit reflected the company’s drive to strengthen collaboration with the regulator while promoting transparency and compliance.

He added that ongoing capital enhancement would enable the firm to serve its customers, partners, and shareholders more effectively.

“Guinea Insurance remains committed to building a resilient, innovation-led and trusted brand, exceeding expectations at every turn,” he said.

The visit underlined the company’s resolve to boost industry standards, reinforce stakeholder trust and build a more competitive organisation. 

(NAN)