Cornerstone Insurance prioritises education, health initiatives

Cornerstone Insurance Plc is focusing its community development efforts on education, health, and safety, as highlighted by its recent donation of a solar-powered borehole to the National Drug Law Enforcement Agency (NDLEA) in Abuja. This initiative underscores the insurer's commitment to providing access to clean and sustainable water.

The project, commissioned by the Cornerstone Insurance Plc Foundation, aligns with the company's vision of protecting lives and property by promoting health and sustainability. It also supports the United Nations Sustainable Development Goals, specifically those related to Clean Water and Sanitation, and Climate Action.

Speaking at the handover ceremony, Cordelia Ekeocha, Head of Marketing and Corporate Communications at Cornerstone Insurance, represented the Managing Director and CEO, Stephen Alangbo. She emphasized that the company believes its initiatives should create a lasting impact. "The CIPLCF is committed to promoting community support, education, and health and safety, hence this borehole project is significant," she stated.

DCG Ambrose Umoru, Director of Technical Services at the NDLEA, accepted the donation on behalf of the agency's Chairman, Brigadier-General Mohammed Marwa (Retd). He commended the foundation, noting that the borehole would ensure a reliable supply of clean water for the agency's operations, barracks, and detention facilities. The solar-powered system offers a continuous, self-sustaining water source, independent of grid failures and avoiding recurring diesel costs for generators.

Cornerstone Insurance Plc, established in 1991, is a prominent publicly quoted company in Nigeria's insurance industry. As of late 2024, it manages group assets exceeding N121 billion and holds a market capitalization of over N65 billion.

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We believe that all our initiatives should have a lasting impact in the lives of the recipients. The CIPLCF is committed to promoting community support, education, and health and safety, hence this borehole project is significant.