Companies

TOP 15 INSURANCE COMPANIES IN NIGERIA AND THEIR LOCATIONS.

According to the Oxford definition of insurance, “Insurance is an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium while Insurance Company is a company that provides and sell insurance.”Information Guide Nigeria

Over the years, insurance companies have emerged in Nigeria to provide different insurance services to Nigerians, such as Life Insurance or Personal Insurance, Property Insurance, Marine Insurance, Fire Insurance, Liability Insurance, Guarantee Insurance, etc.

Here is the list of 15 top insurance companies in Nigeria and locations:

Read Also: Top 10 Leading Asset Management Companies in Nigeria and their Locations

1. AIICO Insurance PLC

AIICO Insurance PLC is a financial services institution which was established in 1963. It was formerly known as American Life Insurance Company (ALICO) but was renamed American International Company Limited (AIICO) when the Federal Government of Nigeria acquired 60% stake in the company and was listed on the Nigeria Stock Market in 1990. The current chairman of the company is Kundan Sainani while Babatunde Fejemirokun is the MD/CEO.

AIICO Insurance PLC corporate office is located at Plot PC 12, Churchgate Street, Victoria Island, Lagos, Nigeria.

2. Leadway Assurance Company Limited.

This company was founded in 1970 by Sir Olusola Hassan-Odukale and since then, it has been one of Nigeria’s foremost insurance service providers with over 24 branches in Nigeria and its corporate office located at 121/123 Funsho Williams Avenue, Iponri Surulere, Lagos State.INSURANCE COMPANIES IN NIGERIA

The current chairman of Leadway is Mr. Tunde Hassan-Odukale who took over from his stepbrother, Mr. Oye Hassan-Odukale on January 1, 2020.

3. Custodian And Allied Insurance Limited.

This insurance company is a subsidiary of Custodian Investment PLC. It’s a registered member of Nigerian Insurers Association (NIA) and it was approved by other regulatory services to offer insurance services. The company’s chairman is Mr. Johnnie Wilcox and the MD is Edeki Isujeh.

The company’s corporate address is 16A, Commercial Avenue, Sabo, Yaba, Lagos.

Read Also: Top 20 Leading Solar Energy Companies in Nigeria

4. Cornerstone Insurance PLC.

Cornerstone Insurance PLC was incorporated on 26th July 1991 to operate as a private limited liability company, it became a Public Limited Liability and was quoted on the Nigeria Stock Market in 1997.HOW TO ADD FONTS TO MEDIBANG

Ganiyu Musa is the current MD/CEO of the company and also doubles as the chairman of Nigeria Insurers Association (NIA).

Cornerstone Insurance PLC Head Office is at 21, Water Corporation Drive, Off Ligali Ayorinde Street, Victoria Island, Lagos, Nigeria, with different branches and outlets across the country.

5. AXA Mansard Insurance PLC

AXA Mansard Insurance PLC is a subsidiary of the AXA group, with 166 employees in Nigeria and 153,000 employees around the world, with 105 million clients in 54 countries. AXA is present in Europe, Asia, Africa, Middle East, Central, South, and North America. AXA is not an acronym but was chosen because it is short and can be pronounced easily the same way in every language. The firm was incorporated in 1989 as a private limited liability company.

Its head office is at SANTA CLARA COURT, PLOT 1412 AHMADU BELLO WAY, VICTORIA ISLAND, LAGOS.10 Ways to Get Rid of Unwanted Odours

6. African Alliance Insurance PLC.

This insurance company was incorporated on May 6, 1960, by its founders Chief S.L. Edu (CON), Mr T. A. Braithwaite (CON), and Chief M.E.R. Okorodudu.  As of today, African Alliance Insurance PLC operate a network of 18 branch offices across Nigeria, with its head office at 54 Awolowo Way, Ikoyi, Lagos.Npower recruitment

Read Also: Top 15 Leading Fintech Companies in Nigeria

7. LASACO Assurance Plc

This company commenced full operation on 1st August 1980 after being incorporated on 20th December, 1979 and licensed as an insurer on 7th July, 1980. It became a Public Liability Company in 1991 after being listed on the Nigeria Stock Exchange.Pounds to Naira

They can be contacted at LASACO House, Plot 16 Acme Road, Ogba, Ikeja, Lagos, Nigeria.

8. Anchor Insurance Company Limited.

This insurance company commenced operation in November, 1989 after being registered in June of the same year and licensed by the National Insurance Commission (NAICOM) as a general business (non-life) insurance outfit.

Anchor Insurance won the Insurance Company of the Year 2019 by Daily Independent Newspapers after earlier being decorated as the Fastest Growing Insurance Company of the Year award. The company is a member of international, regional, and local insurance organizations such as African Insurance Organization (AIO), West African Insurance Association (WAICA), and Nigerian Insurers Association (NIA).

Its corporate head office is at Plot 21, Ahmed Onibudo Street, Victoria Island, Lagos, Nigeria.

9. GoldLink Insurance PLC.

This insurance company was granted license to operate on 8th September, 1993 after being incorporated as a Private Limited Liability Company on 15th April, 1992. GoldLink was listed on the Nigeria Stock Exchange on 12th February, 2008 after conversion to a Public Liability Company on May 11th, 2007.

Goldlink has its head office at 6, Emmanuel Street, Maryland, Lagos State with 16 branches across the country.

Read Also: Top 15 Real Estate Companies in Nigeria

10. Continental Reinsurance PLC.

This insurance company was incorporated in 1985 and commenced business as a private reinsurance company. They converted to a Public Liability Company in 2000 and on May 30, 2007, was listed on the Nigeria Stock Exchange.

Continental Reinsurance Head Office is at Continental Re Centre, 17 Olosa Street, Victoria Island, Lagos P.O. Box 2401, Lagos, Nigeria.dollar to naira rate

11. FBN Insurance Ltd

FBN Insurance officially started operations on the 1st of September 2010, making it the youngest start-up insurer in Nigeria with offices in different strategic locations across the country. Despite being the youngest, FBN Insurance has won several awards such as Fastest Growing Insurance Company in Nigeria, Best Life Insurance Company in Nigeria, etc. Its chairman is Adenrele Kehinde while its MD/CEO is Val Ojumah.WAEC result

Its head office is located at 34 Marina Street, Old Nipost Building, Marina, Lagos.

12. NEM Insurance PLC

NEM INSURANCE PLC commenced its insurance business in Nigeria in 1948 making it one of the oldest insurance companies in Nigeria. It was incorporated in 1970 and was listed on the Nigeria Stock Exchange in 1989 following its Privatization by the Nigerian government.

NEM Insurance corporate office is at 199, Ikorodu Road, Obanikoro, Lagos, Nigeria.

13. Mutual Benefits Assurance PLC

The company was incorporated on the 18th April, 1995 and since then the company has been one of the leading insurance companies providing insurance services to Nigerians. Its chairman is Dr. Akin Ogunbiyi.JAMB form

Its head office is at Aret Adams House, 233 Ikorodu Rd, Ilupeju 100252, Lagos.

Read Also: Top 10 Companies Offering Cars for Sale in Nigeria

14. Niger Insurance PLC

This insurance company was established in August, 1962 and since then, it has been one of the leading insurance companies in Nigeria that transact all classes of insurance businesses. Its head office is at 48/50, Odunlami Street, Marina, Lagos.JAMB Result

Its chairman is Dr. Stephen Dike and its MD/CEO is Edwin F. Igbiti.

15. Consolidated Hallmark Insurance PLC.

It was incorporated on 8th February, 1991. Following a merger in 2007, Consolidated Hallmark Insurance Plc emerged as one of the top ten General Business and Special Risk Insurance underwriters in Nigeria. Its head office is Plot 33D Bishop Aboyade Cole S Victoria Island Lagos Nigeria.

Check and Confirm: How much is Dollar to Naira today   Pounds to Naira today

Information is Power!

Don’t miss any valuable information or opportunity that can change your life, business, and family positively and permanently.

👇👇👇👇👇

Click Here to Join our Google Group 

For Latest updates on News, Jobs & Business Ideas, and Opportunities.




Copyright Warning!

Contents on this website may not be republished, reproduced, or redistributed either in whole or in part without due permission or acknowledgment.
.
Proper acknowledgment includes, but not limited to (a) LINK BACK TO THE ARTICLE in the case of re-publication on online media, (b) Proper referencing in the case of usage in research, magazine, brochure, or academic purposes,.
.
All contents are protected by the Digital Millennium Copyright Act 1996 (DMCA).
.

The images, except where otherwise indicated, are taken directly from the web, if some images were inserted by mistake violating the copyright, please contact the administrator for immediate removal.

.
We publish all content with good intentions. If you own this content & believe your copyright was violated or infringed, please contact us at [infoguidenigeria@gmail.com] for immediate removal.




🤑 Start Making Money from home today!

👉 Get the correct FREE FOOTBALL PREDICTION TIPS and Guides today. Click here

.

.

👍Advertise your business here!

With over 1M unique users per month across all channels, we have a large audience for you to showcase your products and services. Simply get in touch via 👉 marketing@Infoguidenigeria.com.

 

🤑 Make Money now!

👉 Make money writing for us. Apply for Freelance writing jobs in Nigeria.

👉 Make Money as InfoGuideNigeria Advertising Agents, read more here

.

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button

It looks like you're using an ad blocker!

This website InfoGuideNigeria.com is maintained by the advertising revenue and we noticed you have ad-blocking enabled. Please disable Ad-Blocker
close button