Monday, December 12, 2011

Leadway Assurance Company Logo

The brand Leadway has come a long way from its first appearance in the early 70s. Today it has evolved into a robust entity that is identified with elegance, efficiency and reliability. The essence of our brand is carried in our logo.

OUR OLD LOGO  (THE CAMEL (TRANSPORTING NIGERIA) LOGO)
OUR NEW LOGO (THE NEW CAMEL LOGO)


THE CAMEL (TRANSPORTING NIGERIA) LOGO

The CAMEL© logo symbolizes the vision of the founders of the Company at time of incorporation in 1970.  The vision had as its basis the conceptual note of insurance as a risk transfer mechanism, enabling insurers to carry all types of financial burden. As a BURDEN CARRIER, insurers are expected to have the required strength and tenacity to survive, even during difficult times, if indeed they are to protect the interests that have been transferred to them.   In espousing this primary concept, the founders envisioned that, come what may – rain or shine, dull or bright – the Company must always meet its financial obligation to all its customers by ensuring that claims are paid when due, without any delay by reason of insufficient funds.  This mission to be always EFFICIENT in meeting financial obligations of customers is expected to engender a bond with each individual customer such that the Company is, indeed, seen as a RELIABLE insurer.  The conceptual basis of the Camel was therefore rested on the slogan of the Company being an EFFICIENT AND RELIABLE Carrier of financial burdens/obligation.
So what makes The CAMEL©, a powerful logo?
A Camel has stores of Flesh and Fat than can be easily absorbed when food is scarce.   
A Camel can subsist without water for several days.
A Camel, by its structural qualities, can survive in the most arid (dromedary camel) or cold (bactrian camel) terrain. Its nostrils may be closed during sand storms or blizzards and its eyes are shielded by very long eyelashes.
Its endurance is remarkable under different circumstances, that some are given to calling the camel “THE GIFT OF GOD”.   The endurance and strength of the Camel have made it a valuable beast of burden.
Camels can be organized for mutual help and protection against the hazards of travel as a caravan
The CAMEL© as a LOGO is interesting for all its correlation to insurance as follows:
CAPACITY:     Insurers are expected to have the financial strength to contain the risk of losses that they have agreed to bear.
SOLVENCY:    Insurers are expected to keep RESERVES, including mathematical reserves, against future claims.
SECURITY:     Insurers are expected to have the backup necessary to ensure that even claims of very high magnitude are settled by spreading the assumed financial burdens in an organized market for help and protection against catastrophes.
The Camel© Nigeria Logo was registered as a trademark of Leadway Assurance Company Limited in 1971.

THE NEW CAMEL LOGO

Our new logo represents a rebirth, consolidation of a strong heritage and background and then a rejuvenation that takes us further so that you can go higher.

CAMEL
The Camel depicts Strength, support and true companionship.

SUNRISE
The Sunrise depicts an invigorated Strength in service delivery.

ORANGE COLOUR
The Orange colour depicts the company’s Vibrant nature and Generosity to all its customers.

BLACK COLOUR
The Black colour depicts the Resilience, Ingenuity and Originality


Reference:http://www.leadway.com/leadway-financial-service/history_our-logo.php