In 1998, Anchor Insurance Company Limited was re-registered by National
Insurance Commission (NAICOM) in the status of a composite insurance
company under Registration Number RIC-072. However, in 2003, the Akwa
Ibom State Government decided to divest substantial part of its equity as
part of the privatization programme of the administration.
To be the most innovative and preferred General Business Insurance Provider in Nigeria
To institutionalize the ANCHOR Brand as a world class security providing efficient and dynamic insurance services
The Company’s Management team is made up of a crop of multi-disciplinary professionals with vast and diversified experience
As a result of the regulatory induced recapitalization and consolidation the shareholders fund of the company was raised to over N3 billion which placed the company amongst the recapitalised insurance institutions under the General Insurance & Special Risk business.