We are Cornerstone Insurance Plc. Incorporated on 26th July 1991 as a private limited liability company and became a Public Limited Liability, quoted on the Nigerian Stock Exchange in 1997. Our organization was established to conduct Insurance business in a professional, ethical and customer-focused manner and has remained committed to these values over the years.
The Company is licensed and re-certified by the National Insurance Commission (NAICOM) to do both General and Life businesses and the classes of Insurance business we currently undertake include the following:
Motor Vehicle, Aviation, Marine, Engineering All Risks, Asset Protection, Liability to Third Party, Oil & Gas, Group Life, Credit Life, Mortgage Protection, Term Assurance, Wealth Creation Products and Takaful (Islamic Insurance)
The company’s Authorized Share Capital and Market Capitalization is N7.5 billion and N5 billion respectively, while the Shareholders’ Funds is N6.2 billion as at December, 2017. The total assets of the company are in excess of N20.80 billion.
At Cornerstone, we remain committed to both our core values of Integrity, Empathy, Professionalism, Innovation, and Team Spirit and our continued mission of delivering value beyond expectations through needs-based products and quality service
Cornerstone Insurance Plc. Is the first insurance company in Nigeria to provide customers with an online platform for insurance transactions. Little wonder why Cornerstone Insurance Plc. was adjudged as the ‘Best use of Technology, Insurance Company, 2017, Nigerian Technology Awards.
Our services are technology driven by cutting edge Insurance applications. These services are accessible with ease through the internet and/or mobile technology.
CORNERSTONE TAKAFUL NIGERIA LTD
In line, with being a dynamic, innovative customer focused organization, we are pleased to introduce Cornerstone Takaful Nigeria Limited, a segregated division of cornerstone group, which complies with the Shariah guideline. This makes us the first licensed provider of Family and General Takaful products in Nigeria. Our Takaful Products are based on the Principle of Al-Mudharabah and Al-Tabarru
CORNERSTONE FINANCIAL SERVICES
Cornerstone Financial Services (CFS) is the investment banking arm of the Cornerstone Group. It is a fully owned subsidiary of Cornerstone Group and is made up of :
Cornerstone Leasing and Investments Limited
Cornerstone Leasing and Investment Limited was incorporated on the 4th of March 2003 as a limited liability company duly licensed by the Central Bank of Nigeria to operate as a non-bank financial Institution engaged in the provision of value added financial services to our esteemed customers, an area in which we have carved a niche for ourselves.Our spectrum of customers includes multinationals, small and medium scale businesses and High Networth Individuals (HNIs). We engage in lending and fund management services provide these products which are tailored to suit your needs.