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Veritas Kapital is a little-known insurance company. I used to know about them as an associate company of Unity Bank, but then I stopped hearing about them as they never hit the radar. Not a serious player, just hanging there and surviving from the pittance their parent bank dropped on their table.

Riddled with an unimaginative board that stifled management, it was just a floating shipwreck that nobody cared about. Then my sister, Dr. Adaobi Nwakuche, landed there.



She was with Heirs Insurance after a very powerful insurance career that started as a Youth Corper at Standard Alliance. Related Stories Veritas Kapital Assurance Plc attains 1101% growth in profit in 2023: A triumph of strategic vision and resilience Veritas Kapital Assurance Reports Outstanding 287% Profit Growth in Q4 2023 From there, she moved to Dere Otubu’s Staco and eventually ended up with Tony Elumelu, who has been a long-time mentor. Under Tony, she worked at the Heirs Insurance franchise, where she performed so powerfully that it was only a matter of time before she would be poached by more desperate platforms that didn’t have the soaring stability of Heirs Insurance.

When I heard of the move, I reached out. “Why Veritas?” I asked her. She smiled, “Edgar, the challenge is irresistible,” and if you know Ada very well, you will understand her thirst for risky challenges.

Imbued with drop-dead gorgeousness and the brains of a Harvard nerd, Ada comes with a drive that remains confounding to peopl.

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