Top 10 Best Insurance Companies In Nigeria

Here on this page, NupeBaze team highlights the list of top 10 best insurance companies in Nigeria, in no particular order, along with their history, year of establishment, and founders:

1. Leadway Assurance Company Limited – founded in 1970 by Oba Otudeko and Sir (Dr.) Hassan O. Odukale.

Leadway Assurance Company Limited is a leading insurance company in Nigeria, providing a wide range of insurance products and services to individuals, businesses, and organizations.

The company offers life, health, motor, travel, home, and other insurance products. It also provides investment and pension products, as well as bancassurance services.

Leadway Assurance Company Limited is a subsidiary of Leadway Group, a leading financial services group in Nigeria. Leadway Assurance Company Limited is one of the top 10 best insurance companies in Nigeria.

2. AIICO Insurance Plc – founded in 1963 by a group of Nigerian and British investors led by Sir Mobolaji Bank-Anthony.

AIICO Insurance Plc is a leading insurance company in Nigeria, providing a wide range of insurance products and services to individuals, businesses, and organizations.

The company offers life, health, motor, travel, home, and other insurance products. It also provides investment and pension products, as well as bancassurance services.

AIICO Insurance Plc is a subsidiary of AIICO Group, a leading financial services group in Nigeria. AIICO Insurance Plc is one of the top 10 best insurance companies in Nigeria.

3. AXA Mansard Insurance Plc – the result of a merger between AXA Group and Mansard Insurance in 2014.

AXA Mansard Insurance Plc is a leading insurance company in Nigeria, providing a wide range of insurance products and services to individuals, businesses, and organizations.

The company offers life, health, motor, travel, home, and other insurance products. It also provides investment and pension products, as well as bancassurance services.

AXA Mansard Insurance Plc is a subsidiary of AXA, a global insurance and asset management company. AXA Mansard Insurance Plc is one of the top 10 best insurance companies in Nigeria.

4. Custodian and Allied Insurance Plc – founded in 1995 by a group of Nigerians and institutions led by the late Dr. Michael Adekunle Ajayi.

Custodian and Allied Insurance Plc is another leading Nigerian insurance company that provides a wide range of insurance products and services.

The company has been in operation since 1992 and is one of the largest and most respected insurance companies in the country.

Custodian and Allied offers a variety of insurance products, including motor, life, health, travel, and property insurance.

The company also provides a range of financial services, such as investments, savings, and retirement planning. Custodian and Allied Insurance Plc is one of the top 10 best insurance companies in Nigeria.

5. Wapic Insurance Plc – founded in 1958 as West African Provincial Insurance Company.

Wapic Insurance Plc is a leading Nigerian insurance company that provides a wide range of insurance products and services to individuals and businesses.

The company has been in operation since 1965 and is one of the oldest and most respected insurance companies in the country. Wapic offers a variety of insurance products, including motor, life, health, travel, and property insurance.

The company also provides a range of financial services, such as investments, savings, and retirement planning. Wapic Insurance Plc is one of the top 10 best insurance companies in Nigeria.

6. NEM Insurance Plc – founded in 1948 as Nigeria Emergency Insurance Limited.

NEM Insurance Plc is a leading insurance company in Nigeria. It is a publicly listed company on the Nigerian Stock Exchange and is one of the largest non-life insurance companies in the country.

The company offers a wide range of insurance products and services, including motor, fire, marine, engineering, aviation, and liability insurance. It also provides reinsurance services and risk management solutions.

NEM Insurance Plc is committed to providing quality insurance services to its customers and is committed to providing excellent customer service. NEM Insurance Plc is one of the top 10 best insurance companies in Nigeria.

7. Continental Reinsurance Plc – founded in 1985 by Continental International Group.

Continental Reinsurance Plc is a leading provider of reinsurance services in Africa. The company was founded in Nigeria in 1984 and is headquartered in Lagos, Nigeria.

Continental Reinsurance is a publicly listed company on the Nigerian Stock Exchange and is the largest reinsurance company in Africa.

The company provides reinsurance services to insurance companies, governments, and other entities in Africa and beyond.

Continental Reinsurance offers a wide range of reinsurance products and services, including property, casualty, motor, marine, aviation, and health reinsurance.

The company also provides risk management services, such as risk assessment, risk analysis, and risk mitigation. Continental Reinsurance is committed to providing innovative and cost-effective reinsurance solutions to its clients. Continental Reinsurance Plc is one of the top 10 best insurance companies in Nigeria.

8. Cornerstone Insurance Plc – founded in 1991 by Jim Ovia.

Cornerstone Insurance Plc is a leading insurance company in Nigeria. It was established in 1991 and is one of the oldest and most respected insurance companies in the country.

The company offers a wide range of insurance products and services, including life, health, motor, travel, and property insurance. It also provides financial services such as investments, savings, and loans.

Cornerstone Insurance Plc is a publicly listed company on the Nigerian Stock Exchange and is regulated by the National Insurance Commission. Cornerstone Insurance Plc is one of the top 10 best insurance companies in Nigeria.

9. FBN Insurance Limited – a subsidiary of FBN Holdings Plc, which was founded in 1894 as Bank of British West Africa.

FBN Insurance Limited is a leading provider of insurance services in Nigeria. The company was established in 2008 and is a subsidiary of FBN Holdings Plc.

FBN Insurance offers a wide range of insurance products and services, including life, health, motor, property, and travel insurance. The company also provides risk management services, such as risk assessment, risk analysis, and risk mitigation.

FBN Insurance is committed to providing quality insurance services to its customers and is dedicated to providing excellent customer service. FBN Insurance Limited is one of the top 10 best insurance companies in Nigeria.

10. Mutual Benefits Assurance Plc – founded in 1995 by Akin Ogunbiyi.

Mutual Benefits Assurance Plc is a leading Nigerian insurance company that provides a wide range of insurance products and services to individuals, businesses, and organizations.

Founded in 1989, the company has grown to become one of the largest insurance companies in Nigeria, with a presence in all 36 states and the Federal Capital Territory. The company offers a variety of products, including life, health, motor, property, and travel insurance.

It also provides a range of services, such as risk management, claims management, and financial planning. Mutual Benefits Assurance Plc is committed to providing quality service and products to its customers. Mutual Benefits Assurance Plc is one of the top 10 best insurance companies in Nigeria.

Conclusion

All of these companies have a long and rich history in the Nigerian insurance industry and have contributed greatly to its growth and development.

These companies have been providing quality insurance services to Nigerians for many years. They have a wide range of products and services that cater to the needs of individuals, businesses, and organizations.

They also have a strong presence in the Nigerian market, with offices in major cities across the country. They are committed to providing excellent customer service and ensuring that their clients are well taken care of.

With their strong financial standing and reliable services, these companies are the best choice for anyone looking for insurance in Nigeria.

Previous Post

Nora Cardoza Net Worth, Boxing Career, Early Life

Next Post

Carolyn Swords Net Worth, Basketball Career, Early Life