Annual Reports. Corporate All Risks Insurance: Covers loss or damage to property by any cause not specifically excluded in the policy in respect of specified items: Jewelries, Watches, Cameras, Trophies, Gold & Silver articles, Work of Art and other Personal valuables and effects, Computers, Accounting and other portable Office Machines, Scales, Survey Equipment etc. Death A Qualified Custodian pursuant to California Insurance Code (CIC) § 1104.9 must meet the following requirements: Commercial Bank (as defined in Section 105 of the Financial Code). Owerri, Tel: 09-2900465, 180 Aba Road, Ravi is a Partner with Aureos Nigeria Advisers Limited with over 10 years’ experience obtained in the fields of private banking, investment banking and private equity. Apple App Store. Permanent Disability: staff will be paid percentage of 54 Months Earnings Managing company's investment portfolios. Marine (Boat) Insurance covers any motorboat, ski boat or wet bike (including the hull, motors, machinery, equipment, standard fittings and accessories). Custodian and Allied Insurance Plc operates as an insurance company. Authorized and Regulated by the National Insurance Commission. The cover provided by this class is Total Loss only. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here . periodic analysis, Claims Survey and Photograph Analysis etc. • Death benefit- N200,000 Tel: 08064445956, 3, Kanta Road Our cover includes: Custodian & Allied Insurance Plc is an investment holding company in Nigeria offering insurance and reassurance solutions for life and non-life cover. stolen, damaged by fire and other losses. death bodily injury to or illness of employees or workmen of the contractor(s) or the Principal or any other firm connected with the contract work or members of their families. Bodily injury which shall solely and directly totally disable and prevent the insured person from attending to his business or occupation. Public Liability: For Workmen’s Compensation, your exposure is based on the annual earnings of your staff multiplied by 3, 5. Edo State 16A, Commercial Avenue, Sabo, Yaba, Lagos. (Occurring as in a) above but resulting in the loss of limb(s) or eye(s) Yomi moved to Trojan Estates as Head of Corporate Services and thereafter joined Unilever South Africa (Pty) Limited as HR Project Manager with specific responsibility for Change Management & People on a major supply chain project. The Annual and Half-year Reports are also available in our app - with the advantage that they can also be read offline and can be navigated in a particularly user-friendly manner. Custodian and Allied Insurance Plc operates as an insurance company. Guinea Insurance PLC commenced business in 1958 as a Public Limited Liability Company incorporated to provide first-rate financial risk solutions along Non-life and Special Risks business divisions. Medical Expenses: Unlimited but must be reasonable. third party (ies), The minimum requirement is third party policy, Your agent is vast in insurance and will be able to negotiate for some special terms and conditions that may affect your rate of premium, Your driving record will affect your insurance in the sense that it will provide a basis for assessing your risk. He is an Alumnus of the Lagos Business School as well as the prestigious Wharton Business School, USA where he attended Executive programmes. Wole is the founder and Group Managing Director of the Custodian Group with interests in Life Insurance, General Insurance, Pensions and Trusteeship business. Profit before tax increased from ₦7.3 billion in 2016 to ₦8.9 billion in 2017. Liability to other people. Repatriation of mortal remains - 1,000 Euros. Optional cover Death or Bodily injury (permanent or temporary) caused solely and directly by accidental, violent and visible means on 24 hours basis anywhere in the world Box 2101, Lagos. He has attended various courses and seminars relevant to Special Risks Insurance and Oil and Gas Insurance such as the Energy Insurance & Risk Management Course organized by HSBC Insurance Brokers in U.K (recently merged with Marsh Insurance Brokers U.K). ...exceeding expectations | Custodian Investment Plc. To position ourselves strategically in the market and be perceived as Damage to the boilers / other pressure plant RIC No. He started his career as an investment analyst with Icon Stockbrokers Limited in 2006 where he provided equity views to international portfolio managers. He is Managing Director/CEO of Interstate Securities Limited and currently sits as a Director on the Board of CrusaderSterling Pensions Limited and as Independent Director of Unity Bank Plc. Chief Mrs. Giwa joined the Board at the inception of Custodian and Allied Insurance Plc. Tel: 022-911252, 08055394748, 37B, Gbongan-Ibadan Road, Found inside – Page 77South Africa's PE firm Ethos Private Equity and its largest insurance company Old Mutual made ... Custodian and Allied Insurance, Computer Warehouse Group, ... Strike, riot and civil commotion Custodian Life Assurance Limited (CLA) is the subsidiary of Custodian Investment Plc, the holding company which is wholly owned by Nigerians. Custodian and Allied Plc today released its financial statements for the year ended December 2017. Website: www.custodianplc.com.ng. Cover will extend to include damage to doors and window or other parts of the building as a result of the theft or attempted theft. Anambra State. Found inside – Page 51New Jersey , Commissioner of Banking and Insurance , Trenton , N. J .... New Jersey , Comptroller , Trenton , N. J ... New Jersey , Custodian's Office ... Custodian Investment PLC (CI Plc) is a holding company with leading specialist companies and brands including Custodian and Allied Insurance Limited, Custodian Life Assurance Limited, Custodian Trustees Limited and Crusader Sterling Pensions Limited; all rendering best in class services in its versatile fold. Policy Excess: N1,000:00 or 10% of the amount claimed whichever is greater on each and every claim. Calabar, Third Party Fire & Theft Cover– covers your vehicle for damage caused by fire, theft, hijack as well injury to other people or damage to their property. For more information about Custodian and Allied Insurance Plc (CUSTOD.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Custodian and Allied Insurance Plc (CUSTOD.ng) company … Investments And Allied Assurance Plc Lagos Nigeria. A 24-hour mortality cover devoid of geographical limitations The policy will provide compensation if the property/asset suffers loss or damage caused by fire or any of the perils listed below. The Company offers auto, travel, home, life, and fire insurance products. all costs and expenses of litigation recovered by any claimant from the Insured, and. About Custodian Investment PLC. This covers reasonable fees payable by the insured to their Auditors but not exceeding the sum of hereby insured for producing and certifying and particulars or details contained in the insured’s books of account or other business books or documents or such other proofs, information or evidence as may be required by the insured. Found inside – Page 1203UNITED STATES BRANCH THE MEIJI FIRE INSURANCE COMPANY , LIMITED ( IN LIQUIDATION ) ... the business of fire insurance and allied lines in New York State . While at CSL, he took up responsibilities both as an analyst and equity sales trader. Tel: 08023860547, Suite 227 2nd Floor, Oyemekun Plaza, Company Name: Investment and Allied Assurance Plc Head Office: Plot 248b Muri Okunola Street, Victoria Island, Lagos. Damage to any property or building caused by vibration or by the removal or weakening of support or injury or damage to any person or property occasioned by or resulting from such damage. As a composite Insurance Company, Niger Insurance Plc transacts all classes of Insurance business and offers a wide range of innovative products and customer-oriented services to its growing clientele. & S. Clause), Strikes, Riots and Civil Commotion Clause. Goods-In-Transit Insurance: covers loss or damage caused by an accident to goods, stock/or movable property whilst being transported anywhere in Nigeria by road, rail or inland waterway including loading and unloading. Own goods conveyed by other carriers Pressure Plant is a closed container which uses steam, gas, other fluid under pressure LAGOS Chamber of Commerce & Industry (LCCI) has honoured Custodian And Allied Insurance Limited as the ‘Insurance Company of the Year’ at its recent annual award ceremony held in Lagos. He served at various times as a Director on the Boards of First Interstate Bank Plc, Banque International Du Benin, Future Unity Glanvills Ltd and as Chairman, Crusader Nigeria Plc. vessel or craft being stranded, grounded, sunk or capsized, overturning or derailment of land conveyance, collision or contact of vessel craft or conveyance with any external object other than water. Permanent Total Disability – 100% of Benefit selected That excess has been deducted. Onitsha Kate has over twenty - three years' experience in the insurance industry, which cuts across Marketing and Branch Operations. Owerri, Some of the classes of insurance covers through the Custodian SME Insurance policy include the following: Liability of the Business Owner at Law due to death or bodily injury or property damage sustained on or around the premises by any thirty party users or member of the public, excluding employees or workmen or members of the Business Owner’s family. Flood, Risk of Strikes, Riots and Civil Commotion – payment of additional premium, Aircraft impact damage or articles dropped therefrom. Friday has a first degree in Accounting from Abia State University and an MBA in Management from Imo State University. Indemnify the Insured against all sums, which the Insured shall become legally liable to pay in respect of: Indemnify for any loss or damage to plant, equipment and machineries as a result of fire, theft and any unforeseen or physical loss. Accident The amount by which; The amounts of the opening and closing stocks shall be arrived at in accordance with the Insured’s usual accounting methods, due provision being made for depreciation. Insurance Companies, like most financial institutions, operate in an increasingly competitive environment. He joined Custodian & Allied Insurance in 1999 as Head, Fire/Accident & Special Risks Department and was later appointed as the Team Leader, Construction/Engineering, Oil & Energy Group and also served as Head of Marketing before assuming his present role. Custodian Investment Plc. How does my driving record affect my insurance? • Casting and proof reading annual reports and financial statements. Benin City, 1. Its life insurance incl udes Safety Plus, Esusu, Dignity and Portal Home. All types of Machinery, Plants, Mechanical Equipment and Apparatus are covered. Tel: 083-431158, Prime Plaza For expert advice and improvement in your risks, we at Custodian and Allied Insurance Plc provide the best of all services. For more information about Custodian and Allied Insurance Plc reports, abridged reports, interim earnings results and earnings presentations visit the Custodian and Allied Insurance Plc company page on AfricanFinancials. Offsite Storage/transit Risk CLAUSE C ... Assistant Manager at Custodian and Allied Insurance Limited Nigeria. DOWNLOAD THIS REPORT: 2477 VIEWS : Related Reports August 27, 2021 2021 Audited Financial Statements for the Period ended 30th June 2021 - Guinness Nigeria Plc: July 01, 2021 Indemnify for any loss or damage to plant, equipment and machineries as a result of fire, theft and any unforeseen or physical loss. The effects of the global economic crisis have also raised unemployment to industry heights and • Third Party Injury- N1,000,000 Sub-contractors engaged in a project Civil and Electrical Engineering. CLAUSE B It provides cover as CLAUSE A above except for Theft, Malicious Damage, Piracy, contamination. Cover will extend to include damage to doors and window or other parts of the building as a result of the theft or attempted theft. Sabo, Yaba, Burglary Insurance: covers housebreaking (theft of any item within the building) Errors: Healthcare interventions not carried out as they ought to have been. This covers: CUSTODIAN AND ALLIED INSURANCE LIMITED generates $189.32 million in sales (USD). Death cover of twice the sum assured in the case of accidental death (if the option is chosen) The Brown Card. Stock & Materials In Trade This policy covers loss or damage to the insured’s property resulting from actual forcible and violent entry into or exit of the insured’s business premises. Major risks in Boilers are generally that of explosions which can occur due to various reasons resulting in damage of the vessel and third party liability Lagos. Opposite Stadium, fast and efficient service to our select clientele. He is the immediate past President of Lagos Business School Alumni Association (LBSAA), as well as an alumnus of the Harvard Business School (OPM42). Edo State Public Liability Insurance: Covers you for costs which you are legally liable to pay in event of death, illness or bodily injury to any person or damage to property belonging to someone else as a result of the use of your business premises or work away from your premises. Marine Cargo Insurance: Although three (3) basic covers exist under this policy namely; wrongful act willfully committed by the master or crew the prejudice of the owner, The Free of Capture and Seizure Clause (F.C. This also covers: Custodian and Allied Plc, a leading non-bank financial institution quoted on the Nigerian Stock Exchange (NSE) with investments in life and non-life insurance, pension fund administration, trusteeship and property holding businesses, has announced an impressive audited result for the year ended 31st December 2017. Performance Bond: It provides compensation for the principal following the contractor’s inability to do or complete the contract awarded to the contractor. REPORT DATE: April 17, 2014 ... Investment & Allied Assurance Plc Dec BLS Regulatory Action *Goldlink Insurance Plc : The Exchange suspended the trading on the company’s shares with effect from ... Custodian & Allied Insurance Plc March BLS 39. owns flagship companies in the Insurance, Trusteeship and Pensions sectors. Medical Expenses & hospitalization abroad - 30,000 Euros with a 50 Euros Deductible. In addition, it includes sales forecasts for each year as well as sales and revenue growth of the market. Why does my insurance cost more than my agent said it would? Bodily injury (permanent or temporary) caused solely and directly by accidental, violent and visible means on 24 hours basis anywhere in the world, Bodily injury which within 12 calendar months from the occurrence thereof shall solely and directly cause the death of the insured, (Occurring as in a) above but resulting in the loss of limb(s) or eye(s). Below, you can find the details of the risk coverage of this type of insurance policy. Found inside – Page 1265It was authorized to transact the business of marine insurance , fire insurance and allied lines ; and in May , 1941 , it had been licensed to do business ... Proshare Analyst Reports. The company quickly established a reputation for exceptional competence in the delivery of customer-centric services and product innovation. The SME Insurance Policy is a combined and flexible insurance plan that protects the business owner and organisation from fortuitous loss, suffered as a result of perils that are insured against; whilst carrying out its operations in strict adherence to the laws of the country. $72 Allied Brass PB-32D Pacific Beach Collection Wall Mounted Holder Home Kitchen Bath P. O. This is made compulsory by law, The difference between comprehensive and third party insurance is that the comprehensive insurance will not only compensate for the death or bodily injury and/or damage you cause to another person’s property but will also compensate you for damage to your vehicle and theft of your vehicle whereas third party only takes care of damage and /or injury you cause to other people i.e. He has at various times worked in UNIC Insurance Plc, Trust & Guarantee Insurance Limited as well as Crusader General Insurance Limited which merged with Custodian and Allied Insurance Limited in 2013. The policyholder is at liberty to select the level of life assurance benefit he wants. Third Party Cover: covers the Insured against accidental injury or death to third party as well as damage to third party property. Liability to other people, Plant All Risks: covers any unforeseen and sudden physical loss or damage to the movable Plants and machineries from any cause not specifically excluded in a manner necessitating repair or replacement, cash (at their own option). accidental loss or damage to property belonging to third parties occurring in direct connection with the performance of the contract insured by this Policy and happening on or in the immediate vicinity of the Contract Site during the Period of Insurance. For Workmen’s Compensation, your exposure is based on the annual earnings of your staff multiplied by 3, 5. … Benin City, is a passenger in the motor car. excluding liability to any person being a member of the insured ‘s household who Its life insurance includes Safety Plus, Esusu, Dignity and Portal Home. Irabor Eseoghene Naomi, BSc, ACIIN. Found inside – Page 35( See second annual report , p . ... of the Home Owners ' Loan Corporation and the allied activities under the control of the Federal Home Loan Bank Board . Temporary Total Disability – Weekly salary of the affected staff is deemed liable, but it additionally includes insurance for insured’s own vehicle if it is Employee Dishonesty Insurance (Fidelity Guarantee): Covers you for loss of money or property belonging to you or for which you are responsible as a result of acts of theft or fraud by an employee who obtains direct financial gain from these dishonest actions. 006 See if you qualify! In custody (of key Management Staff) Covers any third party and their property in the event of an accident for which insured The Federal Old-Age and Survivors Insurance Trust Fund was established as a separate account in the United States Treasury to hold the amounts accumulated under the old … Cover can be extended to Larceny (loss without actual forcible and violent breaking into or exit from the premises) at an additional cost. Opposite Rockview, Wuse 2, Abuja. Full salary for first six (6) months a modern, dynamic and resourceful underwriter. Opposite Rockview, Wuse 2, Abuja. Custodian and Allied Insurance provide and market general insurance, special risk services and products to individuals and to corporate clients. Benefits of the Policy, Our Motor Vehicle Insurance Our Motor Vehicle Insurance covers Nigerian registered private motor vehicles, commercial vehicles, motorcycles, trucks and trailers. Medical expenses for injuries to people caused while using the craft Medical expenses +234-12774000. damage to property belonging to someone else as a result of the use of your business premises or work away from your premises. Found inside – Page 53Office for Emergency Management. Office of Alien Property Custodian. and the expiration of insurance and other benefits represented by prepaid expenses . Gives peace of mind to all stakeholders i.e. His career which spans over two decades has seen him work as a Human Resource (HR) consultant and HR practitioner in Nigeria, South Africa and Ghana. Extension of the beneficiary’s stay - 80 Euros per night for a maximum of two (2) nights. Accidental Damage & Third Party Cover – cover your vehicle against accidental damage as well as death or injury to other people or damage to their property. Annual Report: For the year ended 31 March 2021 PDF. The data collected were analyzed using simple linear regressions with SPSS 20 software. (UPDC), Stakeholder Management and Communication Policy, Healthcare Professional Indemnity Insurance. It provides cover as CLAUSE A above except for Theft, Malicious Damage, Piracy, contamination. Its life insurance incl udes Safety Plus, Esusu, Dignity and Portal Home. He holds a B.Sc. 17 of 1987 stipulates that every employer of labour must provide the following benefits for injury to employees (both Nigerian and Expatriates) and for diseases sustained by them arising from their employment: Temporary Total Disability: Payable for 24 months as follows, Burial/Funeral/Transport Reasonable expenses. He joined Globacom as HR Manager, Performance Management before being transferred to Glo Mobile Ghana as Head, HR & Administration. Medical expenses for injuries to people caused while using the craft Instant financial assistance for dependents of the deceased A 1983 graduate of the London School of Economics (University of London) and 1989 graduate of the University of Wales, Cardiff, UK, he holds a Bachelors Degree in Law and a Masters Degree in Business Administration. The sum of the turnover and the amount of the closing stock shall exceed. Riot strike and malicious damage Back to investments. Acts of nature (wind, thunder, lightning, storm, hail, flood) Bursting and overflowing of water pipes Malicious damage Impact Bush fire Strike, riot and civil commotion, Business Interruption Insurance: Covers you for the financial loss you suffer following the interruption of your business as a result of loss due to: Custodian House. Don't worry, you can opt out at anytime. Legal defense costs A.M. Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of “bb” of Custodian and Allied Insurance Limited . Cancellation can come from either the insured or the insurer. Benefits Available: Money Insurance: covers loss of any negotiable instruments including cash, cheques, money orders, postage and revenue stamps resulting from: In Safe, Strong Room and/or premises Hr manager, Performance Management before being transferred to Glo Mobile Ghana head... The family normally living with the written consent of the fund ’ s head office: Plot 248b Muri Street! Develop strategic asset-allocation plan inline with ALM framework and make recommendations on investments their.! 227 2nd Floor, Oyemekun Road, Akure, Ondo State CUSTOD.ng,. Changed to Allied Mutuals liability Insurance company custodial Funds ( contra ) expert and., 2011, the fund, the holding company, Olusegun Osoba Way, Oke Ilewo Omida-Ibara! 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