IGI relocates head office

      Industrial and General Insurance Plc known as IGI has moved its corporate head office on Victoria Island, Lagos to a new location, its own five-storeyed building at Agoro Odiyan, in the neighbourhood of the Saka Tinubu business district of Victoria Island, Lagos,in continuation of the restructuring process introduced by the management to reposition the company for greater efficiency.

     In a statement as given by the Managing Director, Mr. Rotimi Fashola, hinted about the relocation from the rented facility, which he said was part of the strategic measures aimed at improving liquidity and operational efficiency.He spoke to the shareholders at the company’s annual general meeting in Lagos recently.

  He said, “As part of the ongoing efforts to refocus the company, we are moving our corporate head office from its present location to our five-storeyed building at Agoro Odiyan, Victoria Island, Lagos.“We are committed to right-sizing and blocking wastages in order to boost liquidity; that is why we obtained the National Insurance Commission’s approval to restructure our assets. We need funds to sustain our present policy of ensuring prompt payment of claims, commissions and other obligations.”