Contacts
Address
Nigeria, Lagos , Lagos, 121/123, Funso Williams Avenue, Iponri G. P. O. Box 6437, Marina
Director
Manager
Phones of enterprise
management
+234
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About enterprise
Leadway Assurance Company, Ltd.
Our business
Our business is received through direct business transactions, brokers and agents. We have marketers and in-house agents that source for business also. Generally, when a proposal is received, it is passed to the underwriting department concerned for rating and filing of appropriate initial documents. When the terms are agreed, an inspection or check up is carried out if need be. Further documentation is done, the client pays the premium and documents evidencing cover are released to the client.
Each underwriting department is divided into units depending on the peculiarity of the policies they handle to enable good organization. You will find the new business unit in some departments where as the name implies all new businesses are received and processed. There is also the claims unit where obviously all claims are filed and treated. Our Fire and Bonds departments are like this. Departments like the Motor and General Accident departments have units that handle all business proposals per specific client allotted or per number of insured items. This means that from proposal stage to claim stage if one occurs, that particular unit handles it!
This policy covers loss or damage to Stock, Materials in Trade, and all other contents caused by theft following upon or followed by Burglary or Housebreaking accompanied by the violent and forcible entry into or out of the premises or any attempt thereat. As in fire, policy is for both Private...
Group: Insurance upon breakings and thefts
This policy covers bodily injury caused by accidental, violent, external and visible means which solely and independently results in death or disablement. It also covers reimbursement of medical expenses up to stated limits as a result of such injuries. The policy could either be taken up by...
Group: Insurance upon accidents
This policy covers loss of or material damage to premises/property like Buildings and or Contents caused by Fire, Lightning and Explosion including damage or loss arising from Special perils of Flood, Earthquake, Tornado, Impact, Riot & strike, Malicious damage Burst Pipe, Aircraft damage, Bush...
Group: Insurance of real estate
This covers loss of cash to and from Bank or branches for the payment of salaries and other expenditures whilst in transit and on the Customers premises until disbursed provided money not disbursed the same day are kept in strongly locked safes/strong room.
Group: Insurance of cash and values taking place in transportation
This type of insurance is designed to protect the insured against his legal liability at Law to third parties for:
a.Accidents causing Death or Bodily injury (including illness) to members of the public (i.e. accidental happenings).
b.Accidental loss of or damage to the property of members of...
Group: Obligatory insurance of the responsibility by transportation and recyclings of dangerous waste products
The scope of cover under Marine insurance as it relates to Leadway operation revolves around two categories namely: Marine Cargo and Marine Hull.
Marine Cargo:
This Insurance is against all risk of loss of or damage to the Cargo due to perils of the sea. It does not cover loss, damage or...
Group: Insurance of marytime transport
A. ComprehensivePolicy: Covers accidental damage to the Insured's Vehicle and also indemnity for damage to third party vehicle/property as well as third party personal injury/death by the insured vehicle. This is the widest form of cover.
B. Third Party Policy:This cover is restricted as it covers...
Group: Autoinsurance