October 22, 2021

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Law Union & Rock now Tangerine General Insurance

Following the receipt of required approvals from all relevant regulatory authorities, Law Union and Rock Insurance Limited has announced a name change, and subsequent rebrand to Tangerine General Insurance Limited.

The development follows an earlier acquisition by Verod Capital Management Limited, through the Verod Capital Growth Fund III.

With the latest move, Tangerine General joins other associated companies under the Tangerine Financial Africa brand of companies.

Tangerine comprises General and Life Insurance companies, a Pension Fund Administrator, a Microfinance Bank; and has immediate plans of entering into other closely related verticals.

Speaking on the rebrand, Chairman, Board of Directors, Tangerine General Insurance Limited, Eric Idiahi said: “The rebrand echoes the very real change occurring within Tangerine General, beginning with the increase of paid-up capital to N10 billion, in line with the position of the National Insurance Commission regarding the need for improved capitalization and capacity across the Nigerian Insurance Industry.”