Mustard Insurance Brokers was incorporated on the 25^th of July, 1994 Registration No. RC 236508 under the Laws of the federal Republic of Nigeria (Companies and Allied Matters Act 1990) and licensed by the national Insurance Commission (formerly Nigerian Insurance Supervisory Board). The company is a member of the Nigeria Council of Registered Insurance Brokers which seeks to regulate the professional conducts of all brokerage firms in Nigeria.

With the changes in the Board of Directors as a result of the transfer of shares of the Company to new investors in 1997, its is registered office moved to No.75 Tarawa Balewa Crescent Off Adeniran  Ogunsanya, Surulere, Lagos with receiving offices at Jos, Kano, and Port Harcourt.

The initial authorised and fully paid share capital of the Company was raised by the new Board of Directors from N50, 000 to N5, 000,000 in conformity with the requirements of the Insurance Decree No.2 of 1997. The 5 million authorized share capital of the company is divided into 5,000,000 ordinary shares of N1 each fully paid and are held by Nigerians and expatriates.

Aside from the requirement for adequate capitalization by all arms of the Insurance industry, there are several other involving provisions of Insurance Decree No.2 1997 which all the existing and new Insurance organizations must satisfy in order to continue in business from January, 1999. Our Company was one of the first set of Insurance Brokerage firms that duly complied with the provisions of the Decree within the stipulated time. We are authorized to continue in business to transact all classes of Insurance including Special Risk.

The idea of the equality holders for effective and efficient services delivery to insurance consumers evolve from the realization that there is now a growing need for highly personalized service by discerning corporate and individual members of the insuring community. Many of the well – known names in the industry have, as a result of size, slipped significantly; have become impersonal and inefficient in the rendering of qualitative service to their clients.

At MUSTARD, however, we are a modest organization with respect to structure. Our resolve and focus is to continually offer excellent and top quality service to our patrons in terms of obtaining most competitive terms, premiums, widest possible covers and prompt claims settlement that would make our clients stay very memorable with and trust us. The company promotes a true spirit of partnership which enhances its spirit of team work among the different areas of its operation.

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