Model of the planned Wapic Insurance head office.

One of the countrys foremost insurance companies, Wapic Insurance Plc, is set to change the landscape of Ikoyi area of Lagos with its modern and environmentally-friendly head office.

The company recently performed the groundbreaking for the planned six-storey green corporate head office building located on Awolowo Road, Ikoyi. The project has a completion time of 18 months.

The groundbreaking had in attendance the Lagos State Commissioner for the Environment, Tunji Bello; Director-General, Nigeria Insurance Association, Mr. Sunday Thomas; and President, Nigerian Council of Registered Insurance Brokers, Mr. Ayodapo Shoderu.

Explaining the basis for the investment in a green corporate head office, the acting Managing Director, Wapic Insurance, Mr. Ashish Desai, said, We shall be laying the foundation for an iconic building, which will not only contribute greatly to restoring the beauty of Awolowo Road, but more importantly, we will unveil a structure that was conceived within the tenets of global best practice in green building practices.

Desai stated that new corporate head office had been designed to conserve and efficiently utilise energy, water and other resources with minimal impact on the environment.

In describing the unique features of the building, he offered insights into the design process, affirming that the engineers and designers ensured that the wellbeing of employees as well as visitors to the company was factored into the creative and technical process.

Upon completion, this landmark building will boast of natural cross ventilation and natural lighting to enhance health and minimise energy consumption, he said.

Among other things, the ground floor area will be covered by 30 per cent greenery and each floor thereafter will be equipped with a dedicated green zone.

Desai stressed, Whilst the substance of our primary business is to underwrite risks and indemnify for losses incurred, no compensation can reverse, or indeed, compensate for the loss to our environment.

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Wapic goes green with new head office complex

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