The purpose of insurance companies is to safeguard and offer coverage for both individuals and businesses against loss and damages situations.
These losses could affect the person’s personal belongings or their own. Additionally, there might be business-related costs, losses, and damages.
These losses and damages can occasionally be indirect. Meaning that they occur to other individuals and are paid for by the insured. Anybody can experience anything, and it could be severely debilitating, whatever the circumstances.
Insurance companies offer protection from these types of occurrences, but choosing which one to cover amid many options can be challenging.
But don’t worry; we’ll try to reduce the number for you in this article. As a result, the following information about Universal Insurance Company Limited is all you need to know.
ABOUT UNIVERSAL INSURANCE COMPANY LIMITED
The Universal Insurance company Limited was the name under which the business first conducted business.
It was started in 1961 by the government of Eastern Nigeria.
This was accomplished by an alliance between the London-based Pearl Assurance Company Limited and the Eastern Nigeria Development Corporation.
Since that time, the company has partnered with Swiss Re Insurance Company of Zurich, which also serves as the company’s reinsurer.
as an organization of the now-defunct government of eastern Nigeria.
Being the states into which they separated the Eastern Central, Anambra, Imo, Enugu, Abi, and Ebonyi are all shareholders in the company.
The Strength of Universal Insurance Limited
Being an international corporate organization, Universal Insurance performs underwriting in the general insurance industry.
A giant organization made up of the company and three other companies has since been integrated throughout the years.
African Safety Insurance Company Limited, Oriental Insurance Company Limited, and United Trust Assurance are the companies.
We are familiar with Universal Insurance PLC because of its simple transactions, quick claims processing, and all-around simplicity of operations.
The Management Team Structure
The management structure at Universal is designed to ensure that services are delivered effectively. Because of its independent management, they are probably well-known for their efficiency and quickness.
\The company places a strong emphasis on its customers and strives to give them the finest possible results.
The Services and Products Offered By Universal Insurance PLC
One of Nigeria’s most important personal lines of insurance, according to Universal Insurance, is offered. Universal provides services for eight important insurance categories. They consist of business, residential, and auto insurance.
A number of specific products are available, such as all-risk insurance, insurance for boilers and pressure vessels, insurance for bonds, insurance for builders, insurance for burglaries and home invasions, insurance for employers, insurance for fire and special perils, Fidelity Guarantee, insurance for group personal accidents, insurance for health care professionals, and a number of others.
How to Process Claims with Universal Insurance PLC
Customers of Universal who want to file claims for reimbursement under their policies can do so through a specialized claim center.
A properly completed claims form must be submitted, together with any other insurance-related paperwork. The only thing left to do is get in touch with Universal Insurance; everything else will be a piece of cake.
How Can I Reach Universal Insurance?
On the company website, you may find Universal Insurance’s complete list of contacts. They can be reached via email, phone, or the website. Also, stop by one of their offices. Ten operational bases for Universal exist across the nation.
If you’re seeking for dependability, efficiency, and general accountability in an insurance company, think about Universal Insurance.