AXA Mansard formerly
named Mansard insurance is a member of the AXA Group, the worldwide leader in
insurance and asset management with 157,000 employees serving 103 million
clients in 59 countries. The group is a conglomerate of independently run
businesses, operated according to the laws and regulations of many different
countries. Despite being written in upper case, "AXA" is not an acronym;
the name was chosen because it is short and can be pronounced easily the same
way in every language.
AXA Mansard was
incorporated in 1989 as a private limited liability company and is registered
as a composite company with the National Insurance Commission of Nigeria
(NAICOM). The Company offers life and non-life insurance products and services
to individuals and institutions across Nigeria whilst also offering
asset/investment management services, medical insurance solutions and pension
fund administration through its three subsidiaries AXA Mansard Health Limited,
AXA Mansard Investments Limited and AXA Mansard Pensions limited. The company
was listed on the Nigeria Stock Exchange in November 2009 and has Market
Capitalization in excess of N28 billion thereby remaining the biggest insurance
company on the Nigerian Stock Exchange.
AXA is present in geographically
diverse markets, with operations concentrated in Europe, North America and Asia
Pacific. AXAs is also present in Central and South America, Middle East and in
Africa via operations in Cameroon, Gabon, Ivory Coast, Morocco, Senegal and
Algeria. AXA has more than over 20 years continuous presence in Africa.
