Each journey begins with a step and ours isn’t any totally different with the historical past of our success starting in 1991 once we had been included as a enterprise. By 1995, we might go on to start operations absolutely to kick-start what has been 25 eventful years of building and sustaining a sturdy enterprise basis constructed on belief, dedication, and excellence.
Custodian Funding Plc was established with the overriding goal of being the popular associate in creating and preserving wealth whereas remaining effectively productive in striving to satisfy the distinctive and various wants of our prospects. This imaginative and prescient interprets to our steady willpower to develop and increase; efforts which have seen us purchase three fledgling companies to this point.
First, we acquired Sign Insurance coverage in 2006, eleven years after we had commenced enterprise. This was the primary merger within the historical past of the insurance coverage business with its attendant advantages to our efficiency. Profitable individuals don’t relaxation on their laurels; as such, we furthered our development with the acquisitions of FEGIC only a 12 months later in 2007 and Crusader Group in 2013 with the latter boasting over 50 years of economic companies expertise.
At present, we’re a gaggle comprising 4 subsidiaries – Custodian and Allied Insurance coverage Restricted, Custodian Life Assurance Restricted, Custodian Trustees, and Crusader Sterling Pensions Restricted – all targeted on delivering top-notch companies throughout a number of spheres. Our endeavours have travelled far and vast, surpassing boundaries and exceeding expectations which has made us rank among the many high three (3) insurance coverage firms within the nation.
After we grew to become publicly quoted on the Nigerian Inventory Trade in 2007, we knew it could be the groundbreaker for a sequence of laudable achievements. What we didn’t know, nonetheless, was that the achievements would start as quickly as 2010 once we bagged two awards through the PEARL Awards ceremony. One was the Sectoral Management Award the place we had been recognised for our efforts as inspiring fashions within the Insurance coverage business. The second was the Highest Revenue Margin Ratio award which was a recognition of our enviably wonderful monetary outcomes.
4 years later in 2014, on the again of our earlier conquests, we acquired a Pearl Award for Sectoral Management within the Nigerian Inventory Trade for being a pacesetter within the insurance coverage sector, accentuating our place as a key business participant.
Internationally, now we have constructed a reputation solid in gold. In 2012, we grew to become the primary Nigerian underwriter to signal to the rules of Sustainable Insurance coverage of the United Nations Surroundings Programme Finance Initiative (UNEPFI). This little bit of validation carried on to 2014 once we gained the Capital Finance Worldwide (CFI) – a United Kingdom-based finance group – award for Most Modern Insurance coverage Firm in Nigeria.
We proceed to make big strides within the insurance coverage sector with a resolve to by no means accept much less in our bid to make sure the monetary safety of our prospects in addition to construct integrity and belief. A transparent indication of our snowballing standing is the 2017 Lagos Chamber of Commerce and Trade award for the insurance coverage firm of the 12 months.
We’re a gaggle revered not only for our collective performances, but in addition our particular person pedigree, and our Group Managing Director, Mr. Wole Oshin exemplified this when he was listed amongst BusinessDay’s Prime 25 CEOs in Nigeria in 2014, 2016 and 2019 for the praiseworthy efficiency of Custodian Funding Plc on the Nigerian Inventory Trade.
It’s not unusual that behind each profitable institution is a superb workforce. The story of our heroics won’t ever exist however for our relentless workforce of devoted professionals who’ve given and proceed to present their all to position the corporate on a pedestal amongst gamers in Nigeria’s Different Monetary Providers Sector of the economic system
We’re cognisant of traits obtainable within the present dispensation, particularly in reference to digital transformation. These traits are shaping advertising and marketing programs and redefining industrial actions and we’re taking due steps to make sure we optimize each out there choice and are usually not left behind.
One among our greatest achievements to this finish, has arguably been the digitisation of our companies. We stay the primary organisation in Nigeria’s non-banking sector to deploy a Chatbot. This comes within the type of our digital advisor known as Max who is on the market around the clock to supply info and help prospects in dealing with their transactions; decreasing to a big extent the hassles related to bodily transactions.
Moreover, now we have developed a cell app – Adapt App – appropriate with each IOS and Android gadgets. This app not solely makes getting an insurance coverage cowl an entire lot simpler, it additionally affords customers quick access to different non-insurance options together with reserving flights, customising meal plans, accessing premium leisure platforms in addition to close by eating places and fitness center centres amongst others. All these are in a bid to make your expertise simplistic but attention-grabbing.
Our 25-year journey has to this point been a revealing expertise. As an formidable organisation, now we have our sights set on creating extra chapters of thrilling recollections and achievements. We’re targeted on sustaining the lofty requirements now we have set, dwelling as much as our title by repeatedly exceeding expectations, and strengthening the place of belief now we have constructed amongst our esteemed prospects.
Right here’s to a different 25 years of nice adventures. Cheers!
— to nairametrics.com
