Finsurance - Fin Insurance Company Limited

Finsurance - Fin Insurance Company Limited

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Partners/Competitors 4
Last update: Dec 6, 2024 Last update: Dec 6, 2024
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Details

Legal residence:Nigeria
Organization type:Financial service provider
Funding agencies:WB, Other
World Bank HQ, Other
Sectors:Financial Services & Audit
Financial Services & Audit
Sanctions:
Status:
Active

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About

FIN Insurance Company Limited (formerly, Yankari Company Limited) was incorporated on 24th April, 1981 as a limited liability company wholly owned by the Bauchi State Government. It was registered as a licensed insurer in 1982, and commenced business on the 1st January, 1983.

The company was then acquired by Finbank Plc and had its name changed to Fin Insurance Co. Ltd in 2008. In 2012, Finbank was taken-over by First City Monument Bank (FCMB) while FIN Insurance subsequently became a member of the FCMB Group. In a bid to transform the company’s operations, FIN Insurance was acquired by Cornerstone Insurance Plc (with Capital Alliance Private Equity III Limited) in 2014.

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