Benedict Ujoatuonu: Veteran of Insurance and Innovative Leader

Wole Olajide

Benedict Ujoatuonu is a seasoned Insurance and Risk Management professional. He is the Managing Director of Universal Insurance Plc. A graduate of Insurance from the Institute of Management and Technology (IMT) Enugu,  Ben also  obtained his Masters degree in Business Administration from the University of Calabar. He is an Associate of the Chartered Insurance Institute of Nigeria (ACIIN) and Institute of Certified Cost Management (ACCM).

Ben started his Insurance career with Regency Insurance Co Ltd as one of the key underwriting staff, from where he joined Kapital Insurance Co Ltd. He headed the Technical department of Coral International Insurance Co Ltd and later moved to Global Commerce and General Assurance Ltd as Group Head Technical and later rose to the position of Deputy General Manager (Technical Operations). After the recent consolidation in the insurance industry, he joined Crown Insurance Brokers Limited and Nobel and Lesley Consulting Limited as The Group General Manager from where he joined Universal Insurance Plc.

As an excellent trainer, Ben for many years has been involved in preparing students for the insurance professional examinations organized by the Chartered Insurance Institute of Nigeria (CIIN). He is also involved in training and facilitation. Ben has attended many local and international courses on insurance and management.

Under his watch, Universal Insurance has become one of the nation’s largest personal lines insurer with about eight major lines of insurance, including auto, property and commercial.

Universal Insurance Plc. is a leading name in the Nigerian insurance and financial services industry with over four decades of experience and operations in many states of the Nigerian Federation including the Federal Capital Territory.

The company is known for providing peace of mind to its clients and enriching their quality of life through partnership in the management of the risks they face.

Universal Insurance serves commercial, institutional and individual customers through an extensive general insurance network, also providing financial services and risk management services nation-wide.

Universal Insurance Plc.’s leadership is as a result of its underwriting skills, innovative insurance solutions, financial strength, superior service and prompt claims settlement.

With the mission to become a dominant player through the provision of Insurance Services with professional touch, Universal Insurance deployed the strategy of highly motivated workforce and modern Information Technology.


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