Capital Express unveils insurance group

The Capital Express Group formally unveiled its insurance group at a recent event in Lagos.

The unveiling event served as a platform to introduce the newly rebranded Capital Express Life Assurance Limited—formerly known as Capital Express Assurance Limited and to launch Capital Express Indemnity Insurance Limited.

Together, these two entities now form the foundation of the Capital Express Insurance Group, with specialised expertise in life and general insurance.

Speaking at the event, Chairman of the Capital Express Group, Anthony Aletor, articulated the vision behind this transformation, saying, “This rebrand and expansion mark the dawn of a new era for Capital Express. With the launch of the Capital Express Insurance Group, we are demonstrating our commitment to delivering cutting-edge insurance solutions while maintaining our core values of integrity, customer satisfaction, and innovation.”

The Commissioner for Insurance, Olusegun Omosehin, who was represented by a director at the National Insurance Commission, Dr Julius Odidi, commended the Group’s leadership for its forward-thinking vision and unwavering dedication to driving growth within the insurance sector. He emphasized the pivotal role the newly formed Group would play in enhancing insurance penetration across Nigeria, expressing confidence in its potential to redefine the industry.

The Managing Director/Chief Executive Officer, Mr Mathew Ogwezhi, shared his optimism on the rebranding and said, “Our transformation into Capital Express Life Assurance Limited is not just a rebrand; it is a reaffirmation of our commitment to creating value for our clients and stakeholders. Together with Capital Express Indemnity Insurance Limited, we are stronger, more innovative, and ready to lead the insurance industry into the future.”

Adding to this, the MD/CEO of Capital Express Indemnity Insurance Limited, Mr. Adewale Koko, emphasized the strategic importance of the restructuring.

“The formation of Capital Express Insurance Group is a strategic leap forward. At Capital Express Indemnity Insurance Limited, we are excited to take up the mantle of providing comprehensive and innovative general insurance solutions. Our approach is rooted in understanding the unique needs of our clients and delivering value through personalized and responsive services. This is more than a new beginning; it is a commitment to driving excellence in every aspect of our operations,” Koko said.