The below listed Insurance Companies offers services such as; Car Insurance, Mortgage Insurance, Life Assurance and some are Mortgage Adviser, etc. See Also: 4 ways to make sales and win more customers for more revenue. List of Insurance companies and services in Nigeria. insurance companies in Nigeria,types,top insurance company,ratings and list of efficient insurance companies in Nigeria. See Also: 100 profitable business ideas to start now. The lit will be updated with time as more and more Insurance companies gains accreditation in Nigeria. United Metropolitan Nigeria Life Insurance. Box 3724. What is an insurance company? Shopping for Life Insurance. An insurance company is a business … Aiico insurance is a leading player in general Insurance businesses. Registered Office: 7/13, Aka Road, Uyo, Akwa Ibom State, See Also: Four ways to go into entrepreneurship. Royal Exchange converted to a full branch of its then parent company, Royal The company is jointly owned by FBN Holdings Plc and the Sanlam Group. Address: 16A, Commercial Avenue, Sabo, Yaba, Lagos. Insurance was nationalized. Currently, AIICO is the 2nd largest insurance company in Nigeria. African Alliance Insurance Company Limited: 112 Broad Street, Lagos Island, Lagos.-Telephone: +234 1 2664373, 2664419, 2664300;-Fax: +234 1 2660943. Searching for the complete list of insurance companies in Nigeria? Lasaco was incorporated on The company got registered as a private limited liability company in July, 1981 under the name Jubilee Insurance Company Ltd. Their product covers, aviation, bonds, goods in transit and machinery breakdown as well. Established in 1963, AIICO Insurance Plc (NSE Ticker: “AIICO”) is an insurance, … The compilation is to make it easier for those who are looking for insurance companies in Nigeria and how to get more information about them. Spring Life Assurance Plc. 016. A weekly business magazine had put the number of both insurance companies and reinsurance companies in Nigeria at 49. Their offers include, general and life insurance products. 2 A&G Insurance 12 Abibu Oki Street, Marina, … The National Insurance commission of Nigeria (NAICOM) is responsible for the supervision of all Insurance companies in Nigeria. In the beginning years, this company offered only life insurance. Notify me of follow-up comments by email. In 2011, African insurers collected a total sum - 31 billion dollars, or just over 1% of global premiums. Our website is made possible by displaying online advertisements to our visitors. This insurance company started operation in 1948 through the agency of Edward Turner and CO. Currently, Anchor has expanded to 19 branch offices across the country. Mutual Benefits Assurance Plc P.O Box 654, Lagos. Entrepreneurship is a lonely journey, let us walk you through it. The Company renders life and non-life insurance products and services to persons and institutions across Nigeria at the same time offering asset/investment management services, health … Most of the insurance premiums collected in life insurance -71%, or 22 billion dollars, while other types of insurance are developed much weaker. In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies … Follow the evolution of insurance in Nigeria below. Their product ranges from engineering policies to group life, individual life insurance and many more. Entrepreneurs.ng curate insights, experiences, and information that inspire, inform and educate. Address: Plot 1, block 94, Providence Street, Lekki Scheme 1, Lekki-Epe Expressway, Lagos. The Company provides life insurance as well as on-life insurance solutions to individuals and organisations in the country. was incorporated on 18th April 1995 as a private limited liability company but The list released by NAICOM showed that there are 53 companies in the … Top … List … Allianz Nigeria Insurance plc is a composite Insurance company licensed to transact Life and Non-Life Insurance business in Nigeria, delivering a range of retail products like Motor, Life, Home Insurance and corporate products to more than 30,000 customers. Leadway Insurance - The international insurance … … Also, GNI Plc employs state of the art information technology in its operation. Address. AIICO known as the American International Insurance Company is an Agency … Aiico Insurance Plc. Also read: Top 10 Business Schools in Nigeria You Can Get The Best Education From. Adic Insurance: They offer personal, Life Insurance, Car and Home. Enter your email address to subscribe to this blog and receive notifications of new posts by email. Address: 121/123 Funso Williams Avenue, Iponri, Surulere, Lagos. Address: 209, Herbert Macaulay Way, Yaba, Lagos. Marina. Nigeria is a federal republic in West Africa, bordering Benin in the west, Chad and Cameroon in the east, and Niger in the north. Zenith General Insurance Company Ltd Address: Head Office: Plot 101 Ajose Adeogun Street, Victoria Island, Lagos. Please consider supporting us by disabling your ad blocker. They handle all classes of insurance … They started in 1958 and got licensed to carry out different classes of insurance including fire and special perils. We believe that life should be lived to the fullest. They provide general insurance, pension management services, investment management services, and life and health insurance as a means to protect and create wealth for families, individuals, and corporate customers. Aiico Insurance Plc : Deals in Life Insurer and General Insurance. Great Nigeria Life Assurance Ltd. vacant Great Nigeria House. The company offers life and general January 1992 as a composite insurer offering life and general insurance as well See Also: List of coworking spaces in Lagos, Nigeria. Custodian And Allied Insurance Limited. Top Ten Insurance Companies in Nigeria and their Policies. AIICO Insurance Plc. Importantly, their products are backed up by highly profiled reinsurance organisation like General Insurance Corporation of India (GIC), Africa Re, Continental Re, etc. Address: 13/14th floor, Civic Towers, Ozumba Mbadiwe Avenue, Eti-Osa, Lagos. The National Insurance Commission (NAICOM) was established in 1997 by the National Insurance Commission Act 1997 with responsibility for ensuring the effective administration, supervision, regulation and control of insurance business in Nigeria and protection of insurance policyholders, beneficiaries and third parties to insurance … However, things are changing fast, and Nigerians are getting to understand what they stand to benefit by patronizing insurance companies. Consolidated Hallmark is one of the top ten general business and special risk companies in Nigeria. So … Niger is another company in Nigeria involved in various classes of insurance business. They have … 15 NICON Insurance Plc Nicon Plaza, Plot 242, Muhammadu Buhari Way, Central Business District, Abuja … AIICO Insurance Plc. NEM Insurance Plc started business in Nigeria in 1948 through the agency of Edward Turner & Co. Their products and services includes corporate, personal and SME products. The list released by NAICOM showed that there are 53 companies in the industry that have jacked up their capital base to a minimum of N2 billion, N3 billion and N10 billion for the different categories of business registered for. Also, the company’s product includes: Fire and Special Perils, Burglary and House, Motor, Money Insurance and many more. Acen Insurance Company: They issue both life and non-life policies. An adage says, he who fails to plan, plans to fail. Leadway began business in 1970 and is still one of the leading insurance companies in Nigeria. Search for Life assurance with Addresses, Phone numbers, Reviews, Ratings and Photos on Nigeria Business Directory - Page 2 10. 0 review(s) | Life Insurance Companies Also, review the company’s rating to ensure they are reliable and trustworthy life insurance company. They provide coverage for both individuals and corporates alike. The company is a brand under Custodian Investment Plc. 100 profitable business ideas to start now. Mansard Insurance … Company Name. Many … This organization guarantees individual, Car, Home and Life Insurance in Nigeria. Tel: (+234) 0127811771, (+234) 012783421, (+234) 01 2783411. Phone. AIICO Insurance Nigeria Plc AIICO Insurance Plc is one of the top life insurers in Nigeria. began operation on 2nd October, 1995. African Alliance Insurance Company Limited. Address: 119 Awolowo Road, Ikoyi, Lagos, Nigeria. Burglary protection, Royal fire protection, Royal transit plan and many more. Welcome To The National Insurance Commission. Website: www.aiicoplc.com. Quick Note on Rating and What Life Insurance Companies In Nigeria Are All About. Search for Insurance with Addresses, Phone numbers, Reviews, Ratings and Photos on Nigeria Business Directory Their product covers general accident, engineering and special risk. … AIICO Insurance Plc is one of the top life insurers in Nigeria. Niger Insurance opened in 1962, but back then it was known as Yorkshire Insurance. Chibuzor Aguwa is the CEO and Founder of Nigerian Fact, a writer, digital marketer and online publisher. But how did all this begin to function? Nicon was originally owned by Federal Government of Nigeria. This statistic presents the leading non-life insurance companies ranked according to their gross written premiums on the Nigerian market as of 2013. The company is a brand under Custodian Investment Plc. Most of the insurance premiums collected in life insurance -71%, or 22 billion dollars, while other types of insurance are developed much weaker. Today Niger offers both life and non-life insurance products and is considered to be one of the best life insurance companies in Nigeria. In addition, they provide premium risk management solutions to their clients. The vision of the company is to be the insurer of choice providing life insurance and retirement services as well as risk underwriting to a substantial and diversified client base, which includes corporations, financial institutions, governments and individuals in Nigeria and beyond. Wapic provides general and life insurance policies at competitive rates for both individual and corporate clients. 10 list of young entrepreneurs in Nigeria distrupting across different industries, Top five tourist attractions in Nigeria and their locations, Top 10 Richest Men in the world and their businesses, Top Ten Nigerian Start-ups solving Africa’s problems, Nathaniel Bassey: Biography And Songs Of An Anointed Gospel Singer, Brymo – Biography And Songs Of A Renowned Nigerian Music Superstar. Formerly known as UBA Metropolitan Life Insurance, this is a firm that emerged following the successful recapitalization and change of name of erstwhile HEIRS Life Assurance Company Limited. Information To Know. To keep track of our services, follow us on social media. RIC Number. 1. Address: Plot PC 12, Churchgate Street, Victoria Island, Lagos. While the other guy, the that represents you is a broker. Box 70986, Victoria Island, Lagos. company transacts life and non life insurance. Insurance companies in Nigeria are already making waves. Old Mutual Nigeria Life Assurance Company Limited Uba House 5th Flr. If you’ll like for us to include your business on the list, do send us a mail at business@entrepreneurs.ng. The company started in 1963 as a pension and asset management group. The National Insurance Commission (NAICOM) was established in 1997 by the National Insurance Commission Act 1997 with responsibility for ensuring the effective administration, supervision, regulation and control of insurance business in Nigeria and protection of insurance policyholders, beneficiaries and third parties to insurance … These are the full list of Insurance Companies in Nigeria as collated recently. Anchor is a non-life insurance outfit registered and licensed in October, 1989, but started full operation in November, 1989. 2. Phone: (01) 2918853, (01) 2918854, (01) 2918827. General Information; ... Auto, Health, Life, etc. In addition, Staco Plc upholds integrity and hard work in their operations. Great Nigeria Life Assurance Ltd. vacant Great Nigeria House. Insurance in Nigeria started as far back as the colonial period, … Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on WhatsApp (Opens in new window). Currently, the company has 40 branches and six regional offices, Address: Ground Floor, NICON Plaza, plot 242, Muhammadu Buhari way, central district, Abuja, See Also: 10 list of young entrepreneurs in Nigeria distrupting across different industries. It was established to assist the development of insurance companies in Nigeria and to ensure that the Federal Government’s assets and properties are protected. C&I Insurance Brokers Limited. See Also: 16 List of HMO’s in Nigeria and all their service offering. The company also renders quality service to customers and that’s why it has made my list of best insurance companies in Nigeria. This article contains the full list of insurance Companies in Nigeria and their addresses as well as phone numbers you can easily contact them with. Welcome To The National Insurance Commission. operations in Nigeria in 1918 and was represented  by Barclays Bank DCO. This has become absolutely necessary as a result of the very many emails and searches we have been receiving from our site’s visitors since we published a list of the top 10 best insurance companies in the world. List of 47 Insurance Companies in Nigeria 2021 and their addresses 1. Our diverse range of wealth management products are here to help you live without the worries of the future. So, we have compiled list of 22 insurance companies in Nigeria you can choose from. Address: Head Office: 112 Broad Street, Lagos Island, … Niger Insurance opened in 1962, but back then it was known as Yorkshire Insurance. Royal Exchange began Acen Insurance Company. Insights, information and opportunities that inspire, inform and educate straight to your inbox. Zenith General Insurance is one of the Nigeria's leading financial institutions providing insurance services in life saving plans, life and motor insurance, marine … In this write-up, you will learn about the best ten insurance companies operating in Nigeria. Phone: +234 1 2701004-5, 4613704; These are the full list of Insurance Companies in Nigeria as collated recently. NEM insurance can be located at their Lagos Office address: 199 Ikorodu Rd, Obanikoro, Lagos state. Nigeria. Type. Standard Alliance is licensed by the National Insurance Commission (NAICON) to transact general and special risk business. Mutual Benefits Assurance Plc is one of the leading insurance companies in Nigeria providing excellent services in general business claim and life assurance. Address: 33, Ikorodu Road, Jibowu, Lagos. Chief Executive. It was only in 1999 that the private insurance companies have been allowed back into the business of insurance with a … According to Investopedia, Life insurance is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured. Allianz Nigeria Insurance plc is a composite Insurance company licensed to transact Life and Non-Life Insurance business in Nigeria, delivering a range of retail products like Motor, Life, Home Insurance … Aiico Insurance Plc. See Also: List of coworking spaces in Lagos, Nigeria. Phone no: 0700 2442 6682 28. Related Post: The Best Health Insurance Companies in Nigeria They offer the following policies: All rights reserved. See Also: The different classes of trademark in Nigeria for entrepreneur to choose from. Home » Insurance Companies in Nigeria, Their Contact Addresses and Phone Numbers. The They provide general insurance, pension management services, investment management services, and … Adic Insurance. As of 2015, Nigeria is the world's 20th largest economy, worth more than $500 billion and $1 trillion in terms of nominal GDP and purchasing power parity respectively. I am sure someone somewhere is saying God forbid!, It is not my portion! Basically, insurance is all about protecting yourself, your business and properties from financial loss. Of 22 insurance companies in Nigeria to post N1billion premium income was granted license on 7th July, 1980 list of life insurance companies in nigeria. 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