Intercontinental Wapic Insurance Plc (subsidiary of Intercontinental Bank Plc) was incorporated in 1958 as a Private Limited Liability Company to transact Life and Non-Life Insurance businesses in Nigeria.

It became a publicly quoted company following the divestment of Federal Government holding in 1990, with its shares quoted on the floor of the Nigerian Stock Exchange. The Company is now a composite Insurance company licensed to underwrite all classes of life and non-life insurance cover.

Our company with an Authorized Share Capital of N 3.5 billion and a Paid-up Share Capital of N 500 million is one of the leading underwriting firms in the insurance industry having been in business in Nigeria actively since 1958. Premium income in year 2004/2005 stood at N 1.6 billion and asset base was in excess of N 11 billion during the same period.

Our Vision

To be a world-class Insurance Services Company.

Our Mission

We are committed to creating an insurance company of first choice by providing reliable and efficient services through highly skilled, motivated and experienced professionals while remaining socially responsible corporate citizen that creates shareholders' values.

Our Board and Management Team

Board of Directors

Engr. Hyacinth U. F. Enuha - Chairman
Dr. Erastus B. O. Akingbola - Director
Dr. Raymond C. Obieri - Director
Alhaji Isyaku Umar - Director
Mr. Iheanacho C. Ugochukwu - Director
Mr. Chris Alabi - Director
Mr. D. O. Amusan - Director
Mr. 'Segun Balogun - Managing Director
Mr. R.A. Adewole - Executive Director

Management Team

Mr. 'Segun Balogun B.Sc. (Insurance), ACII - Managing Director
Mr. R.A. Adewole M.Sc. (Banking & Finance), FCA,CIS - Executive Director
Mr. O. M. Oluwalari HND (Insurance), ACII - DGM
Mrs. E. Onomivbori B.Sc. (Insurance), ACII - AGM
Mr. R. A. D. Abiodun MBA, ACII - Controller, Claims
Mr. H. Olu Anwoju HND (Insurance), MBA, ANIM - Controller, Marketing
Mr. Olusola Soetan HND (Bus. Admin.), MBA, AIPM - Controller, HR & Admin
Mrs. Victoria Ishola - LLB, BL, LLM - Company Secretary/ Legal Adviser
Regional Executives

Mr. Mba Mba Kalu (Core North)
Mr. Gbenga Ambali (North Central)
Mr. Toyin Alonge (South West)
Mr. Babatunde Mimiko (South South)
Mr. Nicholas Chukwuma (South East)
Heads of Some Key Department

Mr. A. Falade - FIN INST GROUP
Mr. M. A. Sofile - FIN & INV
Mr. Fisayo Adefarakan - CREDIT CONTROL
Mr. A. Adamson - INTERNAL AUDIT
Mr. Adebisi Ogundipe - HR & ADMIN
Mr. A. O. Apata - INFORMATION TECHNOLOGY