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Law Union & Rock Insurance PLC was a prominent Nigerian insurance company with a rich history dating back to its establishment in 1951. It offered a wide range of general and special risk insurance products and services to individual and corporate clients. For decades, it was a publicly listed company on the Nigerian Stock Exchange, known for its contributions to the Nigerian financial services sector. In 2020, Verod Capital Management acquired a controlling stake in the company, which subsequently led to its full acquisition by Tangerine Life Insurance Limited (also backed by Verod). Law Union & Rock Insurance PLC was delisted from the stock exchange in late 2021 and its operations were integrated into Tangerine Africa, marking the end of its journey as an independent entity.
Served as the central administrative and operational hub for Law Union & Rock Insurance PLC, overseeing its insurance activities, policy underwriting, claims management, and strategic direction in Nigeria.
The 'Law Union House' was a recognized office building in the Alagomeji, Yaba area, a commercial hub in Lagos, signifying the company's established presence.
The headquarters likely fostered a professional, ethical, and client-centric work environment, typical of established financial institutions, with a focus on risk management and service delivery.
This headquarters was pivotal to the company's operations for many decades, representing its brand, facilitating key business decisions, and serving as the primary point of contact for major stakeholders and clients.
Law Union & Rock Insurance PLC's operations were primarily concentrated within Nigeria, serving the domestic market. Its international engagement was mainly through reinsurance partnerships with global reinsurers to manage large risks and ensure financial stability, a standard practice in the insurance industry. It did not have physical operational branches outside Nigeria.
Law Union House, 14 Hughes Avenue, Alagomeji, Yaba
Lagos
Lagos State
Nigeria
Address: Plot 788, Garki II, Mohammadu Buhari Way, Garki, Abuja FCT
To expand the company's footprint, cater to government and private sector clients in Abuja, and serve as a hub for operations in Northern Nigeria.
Address: 2nd Floor, 170A Aba Road, Port Harcourt, Rivers State
To provide specialized insurance services to individuals and businesses, including those in the oil and gas sector, within Port Harcourt and the broader South-South geopolitical zone.
Address: Broking House, 1 Alhaji Jimoh Odutola Road, Dugbe, Ibadan, Oyo State
To serve the diverse clientele in Oyo State and neighboring areas, strengthening the company's presence in the South-West region outside of Lagos.
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As of April 2025, Law Union & Rock Insurance PLC' leadership includes:
Law Union & Rock Insurance PLC has been backed by several prominent investors over the years, including:
Significant executive leadership transitions at Law Union & Rock Insurance PLC occurred primarily during its acquisition by Verod Capital Management and subsequent merger into Tangerine Life Insurance, around 2020-2021. As a standalone entity, there have been no executive hires or exits in the immediate past 12 months due to its prior integration.
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Prior to its acquisition and integration into Tangerine Africa, Law Union & Rock Insurance PLC likely utilized standard corporate email formats based on its domain 'lawunioninsurance.com'. These formats are no longer in active use for the company.
[first_initial][last]@lawunioninsurance.com
Format
jdoe@lawunioninsurance.com
Example
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Success rate
Business Post Nigeria • November 10, 2021
The shares of Law Union & Rock Insurance Plc have been delisted from the Nigerian Exchange (NGX) Limited. This action followed the acquisition of the underwriting firm by new owners, Tangerine Life Insurance Limited....more
Nairametrics • March 2, 2021
Law Union & Rock Insurance Plc announced its intention to delist its shares from the Nigerian Exchange Limited (NGX) following its acquisition by Tangerine Life Insurance Limited, a subsidiary of Verod Capital....more
Proshare NG • February 27, 2020
Law Union & Rock Insurance Plc notified The Nigerian Stock Exchange and the investing public of the acquisition of 2,582,510,324 ordinary shares of Law Union & Rock Insurance Plc, representing 60.01% of the total issued and paid-up capital of the Company, by Verod Capital Management Limited through its subsidiary, Verod Capital Growth Fund III....more
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