Boff & Company Insurance Brokers Ltd commenced Operations in October 1991 with a share capital of N500,000.00 (Five Hundred Thousand Naira) and four members of staff including the promoter.

Within two years of operations, Lagos Office was opened to provide Personalized Professional Insurance Brokerage Service to the economic nerve center of Nigeria. Based on the outstanding performance of the Company, many insurance accounts of factories, banks, insurance Companies, hotels, airlines, multinational corporations, Government parastatals and agencies were won and serviced throughout the nineties.

The Company’s share capital went up to N5,000,000 (Five Million Naira) in 1998 to comply with the Insurance decree 1997 and by year 2010, the Authorized share capital was increased to N35,000,000 (Thirty-Five million naira). This was fully paid up in 2013. In February 2016, the Authorized share capital was increased to N75,000,000 (Seventy-Five million naira) and it was fully paid up in 2017. In July 2017, the Authorized share capital was increased to N150,000,000 (One Hundred and Fifty million naira) out of which N75,000,000 (Seventy-Five million naira) was fully paid.

In August 1999, Abuja Office was set up to provide our usual Personalized Professional Services to the Political Capital of Nigeria.

Again, in February 2003, the Port Harcourt office was set up to cater for the oil rich region of the South South and South-Eastern Nigeria.

Additional Info

Address1st Floor, Oyo State House, Ralph Shodeinde Street, Opp. Fed. Ministry of Finance, Central Area District, P.O. Box 3057, Garki, Abuja, Nigeria

Comments

Leave a Reply

Archives

Categories

Meta