In an unprecedented move underscoring its commitment to employee welfare, Heirs Insurance Group recently announced a pay raise for its employees, following a groupwide salary increase by Heirs Holdings, its parent company.

In a LinkedIn post by Tony O. Elumelu, CFR Chairman of Heirs Holdings, parent company of Heirs Insurance Group, he stated that the move was made to address concerns amidst prevailing economic challenges and appreciate staff for their loyalty and commitment in delivering excellent financial performance.

He wrote: “I speak with HH People daily. From these conversations, it was clear that this year’s May 1 had to be different—about putting our people first, demonstrating our commitment to their wellbeing, and rewarding excellence and loyalty.”

He added: “This salary increase is a message of appreciation to the real heroes who work every day to achieve the results that have made us what we are today. And the message of our work is getting across, with the tremendous value our listed companies are creating for all stakeholders. To our Heirs Holdings People: “Well done, guys. You deserve the best, thanks to you all.”

Heirs Insurance Group has consistently raised the bar in service delivery and financial performance since its entry into the market in December 2020. This recent move places the group as one of the top paying insurance companies in the industry, in line with its commitment to be a best place to work. 

Heirs Insurance Group is the insurance subsidiary of Heirs Holdings, the leading pan-African investment group, with investments across twenty-four countries and four continents, founded and chaired by Tony O. Elumelu, CFR.

With a rapidly expanding retail footprint and an omnichannel digital presence, Heirs Insurance Group is championing financial inclusion and leading the digital transformation of the Insurance ecosystem in Nigeria with a mission to democratise access to insurance.