Overview

Guinea Insurance is the preferred financial risks manager in Nigeria with highly trained professionals and a foundation of values that is built on doing the right thing for over six decades. We do realize that a company is a community within a wider society; so we pride ourselves more as a citizen, a neighbour and a leader with a responsibility to make an ongoing, long-term positive impact on the world around us. Our longevity, talent, innovation, focus on the well-being of our stakeholders, and preservation of resources make us ideally aware of the importance of corporate social responsibility and the principles behind sustainable development.

These attributes are foundational to our business and essential to our purpose of creating sustainable outcomes for our various stakeholders – our investors, our agents, our customers, our employees, our communities, and society.

Sustainability – Our Approach

Risk Management and Governance Framework

To be effective, our approach to sustainability is well laid out in the charter of the Enterprise Risk Management & Governance Committee of the Board of Directors; it includes formal responsibility for and oversight of sustainability, corporate responsibility policies, programs and reporting. We employ a risk governance structure, overseen by the Enterprise Risk Management & Governance Committee and managed by Enterprise Risk Management (“ERM”) department. It is aimed at providing a common framework for evaluating the risks embedded in and across our businesses and corporate centers, developing risk appetites, managing these risks and identifying current and future risk challenges and opportunities. The Committee meets quarterly, or more frequently as the case may be, to review ESG goals and progress as well as discuss environmental, social and governance (ESG) issues.

Strengthening Communities

We are committed to using the time, talent and assets of Guinea Insurance to empower consumers, strengthen our local communities and respond in times of need. Our approach leverages our sponsorship, educational programs and the passion of our employees to ensure that our social license is intact.

Environmental Sustainability

As we pursue our mission to connect the world, Guinea Insurance is committed to doing so in a manner that is responsible, ethical and sustainable. Our environmental sustainability strategy guides our efforts to measure our impact, implement reduction initiatives and report on our progress.

Community Giving

In our corporate head-office area we serve, we provide philanthropic support to locally relevant programs helping to improve lives; focusing on at-risk youth and youth education