Regency Alliance Insurance Plc engages in the provision of general insurance cover to corporate and individual clients. It operates through the following four segments: Non-life, Properties & Investment, Retail & Microfinance Bank, and Vehicle Tracking Services. The Non-life segment covers all contracts over a short contractual term. The Properties & Investment segement undertakes real estate development projects and offers finance lease facilities to meet the needs of individuals and coporate bodies. The Microfinance Bank segment offers financial services in retail and microfinance banking. The Vehicle Tracking Services segment offers and installs vehicle tracking and fleet management products on daily basis. The company was founded on June 16, 1993 and is headquartered in Lagos, Nigeria.