Anchor Insurance Company Limited, established in June 1989, received its license from the National Insurance Commission (NAICOM) in October 1989 to offer general (non-life) insurance services. The company started operations in November 1989 from its registered office in Uyo, Akwa Ibom State. For strategic business reasons, Anchor Insurance moved its Corporate Head Office to Victoria Island, Lagos, in April 2008, while maintaining its registered office in Uyo. Today, Anchor Insurance operates 18 branch offices across Nigeria, providing services such as fire and special peril insurance, marine insurance, aviation insurance, vehicle insurance, and goods in transit insurance.