AIICO Insurance Plc is one of the top life insurers in Nigeria. Best Insurance Companies in Nigeria with track record that offer best insurance benefits that can be trusted and is slowly enrolled with great clients sentiment. Niger Insurance opened in 1962, but back then it was known as Yorkshire Insurance. 20th December, 1979 but was granted license on 7th July, 1980. Standard Alliance is licensed by the National Insurance Commission (NAICON) to transact general and special risk business. To keep track of our services, follow us on social media. In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies … Just the best from top insurance companies … NEM insurance company is another in the list of the top insurance company in Nigeria. Their product ranges from corporate to personal and travel insurance. Enter your email address to subscribe to this blog and receive notifications of new posts by email. See Also: 16 List of HMO’s in Nigeria and all their service offering. General Information; ... Auto, Health, Life, etc. The Company provides life insurance as well as on-life insurance solutions to individuals and organisations in the country. Address: 284, Ikorodu Road, Anthony, Lagos, Nigeria, Tel: 08150643531-2, 08178000222, 08178000333, 08178000444, See Also: Top 10 richest entrepreneurs in Nigeria. Address:  6, Emmanuel Street, Maryland, P.O Box 5987, Marina, Lagos, Nigeria. Mutual Benefits Assurance Plc is one of the leading insurance companies in Nigeria providing excellent services in general business claim and life assurance. If you’ll like for us to include your business on the list, do send us a mail at business@entrepreneurs.ng. Currently, AIICO is the 2nd largest insurance company in Nigeria. An adage says, he who fails to plan, plans to fail. Oceanic Insurance Limited: Deals in … Their product ranges from engineering policies to group life, individual life insurance and many more. 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. Lasaco was incorporated on 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. Aiico Insurance Plc. 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. 1. Acen Insurance Company. Insights, information and opportunities that inspire, inform and educate straight to your inbox. NAICOM. The company is a brand under Custodian Investment Plc. Address: Aret Adams House, 233, Ikorodu Road, Ilupeju-Lagos. Aiico Insurance Plc. But the truth is, bad things still happen. Notify me of follow-up comments by email. 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. This organization guarantees individual, Car, Home and Life Insurance in Nigeria. Name and List of Insurance Companies in Nigeria. Under Suspension By NAICOM Plot 855, Bishop Aboyade Cole Street, Victoria Island,Lagos Life. Save my name, email, and website in this browser for the next time I comment. Website: www.aiicoplc.com. They have … Address: 119 Awolowo Road, Ikoyi, Lagos, Nigeria. Marina. This insurance company started operation in 1948 through the agency of Edward Turner and CO. After four years of operation, IGI appeared as Aiico Insurance Plc : Deals in Life Insurer and General Insurance. What is an insurance company? List of Life assurance companies and services in Nigeria. Phone: (01) 2918853, (01) 2918854, (01) 2918827. Tel: 01-4622050-2, 018446470, 07098212408. Exchange Assurance, London. Law Union and Rock pride in their experienced underwriters and automated processes. Custodian And Allied Insurance Limited. © Copyright 2020 - Entrepreneurs.ng by ReDahlia. Mutual Benefits Assurance Plc Basically, insurance is all about protecting yourself, your business and properties from financial loss. AIICO Insurance Nigeria Plc AIICO Insurance Plc is one of the top life insurers in Nigeria. But, even in the midst of a well planned life, some unplanned circumstances can throw you off balance and make you loose all your life long investments. What is an insurance company? 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. 0 review(s) | Life Insurance Companies Search for Insurance with Addresses, Phone numbers, Reviews, Ratings and Photos on Nigeria Business Directory Search for Insurance with Addresses, Phone numbers, Reviews, Ratings and Photos on Nigeria Business Directory Address: Plot PC 12, Churchgate Street, Victoria Island, Lagos. Their offers include, general and life insurance products. But how did all this begin to function? Many … Zenith is committed to giving peace of mind and creating values to people in a world of uncertainties. Address: 48/50, Odunlami Street, Lagos Island. 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. See Also: 100 profitable business ideas to start now. Thereafter, in 1921, Today Niger offers both life and non-life insurance products and is considered to be one of the best life insurance companies in Nigeria. Chief Executive. List of successful entrepreneurs in Nigeria. Insurance was nationalized. as pensions and special risks. United Metropolitan Nigeria Life Insurance. This is a composite insurer: issuing life and non-life policies. African Alliance Insurance Company Limited. Also, the company offers life and non life coverage to its clients. 2 A&G Insurance 12 Abibu Oki Street, Marina, … Wapic provides general and life insurance policies at competitive rates for both individual and corporate clients. Address: Plot 1, block 94, Providence Street, Lekki Scheme 1, Lekki-Epe Expressway, Lagos. Great Nigeria Life Assurance Ltd. vacant Great Nigeria House. They handle all classes of insurance … Entrepreneurs.ng is everything to the entrepreneur. It was only in 1999 that the private insurance companies have been allowed back into the business of insurance with a … The company started in 1963 as a pension and asset management group. Nicon was originally owned by Federal Government of Nigeria. Niger is another company in Nigeria involved in various classes of insurance business. Royal Exchange converted to a full branch of its then parent company, Royal Address: Plot 16, Acme Road, Ogba, Ikeja, Lagos, Nigeria. The company also carries out general and special risk insurance. The company is also a well sought after company in Nigeria. Tel: +234 8142478829, +234 8052601713, +234 8023229210, See Also: Top 10 Richest Men in the world and their businesses. 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. Zenith General Insurance is one of the Nigeria's leading financial institutions providing insurance services in life saving plans, life and motor insurance, marine … First, the life insurance companies were nationalized in 1956, and then the general insurance business was nationalized in 1972. 4 ways to make sales and win more customers for more revenue. 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 … 100 profitable business ideas to start now. List of Insurance Brokers in Nigeria #1. 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. 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. List of Insurance companies and services in Nigeria. NEM insurance can be located at their Lagos Office address: 199 Ikorodu Rd, Obanikoro, Lagos state. NAICOM. Staco was incorporated in Nigeria on 10th October, 1991 but was licensed to carry out insurance business on 1st October, 1994. Our diverse range of wealth management products are here to help you live without the worries of the future. Related Post: The Best Health Insurance Companies in Nigeria They offer the following policies: Welcome To The National Insurance Commission. P.O. In 2011, African insurers collected a total sum - 31 billion dollars, or just over 1% of global premiums. An insurance company is a business … Also read: Top 10 Business Schools in Nigeria You Can Get The Best Education From. 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 … can get quotations and make payment directly from their website. So … AIICO Insurance: American International Insurance Company (AIICO), ranks as the top on our list for several reasons. LIST OF LIFE INSURANCE COMPANIES & THEIR PECULIARITIES. January 1992 as a composite insurer offering life and general insurance as well began operation on 2nd October, 1995. Niger Insurance Plc was established in August, 1962 as a specialist life company under the name Yorkshire Insurance Company Ltd. Now a public quoted composite Insurance Company, it operates with an asset in excess of N22 billion and a capital base of over N5 billion with subsidiaries and associated companies. company transacts life and non life insurance. GNI has over 55years experience in underwriting, financial advisory and real estate investments. It was only in 1999 that the private insurance companies have been allowed back into the business of insurance … The company offers life and general P.O. income. The best insurance companies in Nigeria, though their are many insurance companies in Nigeria and it will not be easy to list all of them, but am going to list some of the best insurance company providers in Nigeria. Tel: (+234) 0127811771, (+234) 012783421, (+234) 01 2783411. I am sure someone somewhere is saying God forbid!, It is not my portion! Also, review the company’s rating to ensure they are reliable and trustworthy life insurance company. 1. Niger Insurance Plc was established in August, 1962 as a specialist life company under the name Yorkshire Insurance Company Ltd. Now a public quoted composite Insurance Company, it operates with an asset in excess of N22 billion and a capital base of over N5 billion with subsidiaries and associated companies. It overtook South Africa to become Africa's largest economy in 2014. So, we have compiled list of 22 insurance companies in Nigeria you can choose from. insurance companies in Nigeria,types,top insurance company,ratings and list of efficient insurance companies in Nigeria. Their product covers general accident, engineering and special risk. LIST OF INSURANCE COMPANIES IN NIGERIA. Entrepreneurship is a lonely journey, let us walk you through it. Welcome To The National Insurance Commission. See Also: List of coworking spaces in Lagos, Nigeria. See Also: The different classes of trademark in Nigeria for entrepreneur to choose from. Royal Exchange began Zenith is another leading insurance institution in Nigeria. They began operation on December 3rd, 1958. An insurance company is a business that provides coverage,it can be in the form of compensation,as a result of loss, damages, injury, treatment or hardship etc in exchange for payments. 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. The lit will be updated with time as more and more Insurance companies gains accreditation in Nigeria. Great Nigeria Life Assurance Ltd. vacant Great Nigeria House. Old Mutual Nigeria Life Assurance Company Limited Uba House 5th Flr. Leadway products include personal, SME, and corporate offers. There are 15 licensed life insurance companies in Nigeria, according to the National Insurance Commission. Today, you and I will quickly talk about the topic “Top 10 Best Insurance Companies In Nigeria 2021 | Highest Paying Insurance Companies“.. In this write-up, you will learn about the best ten insurance companies operating in Nigeria. Address. The company also renders quality service to customers and that’s why it has made my list of best insurance companies in Nigeria. Currently, there are various kinds of insurance – life, property, health, goods, enterprises etc. Registered Office: 7/13, Aka Road, Uyo, Akwa Ibom State, See Also: Four ways to go into entrepreneurship. Burglary protection, Royal fire protection, Royal transit plan and many more. See Also: Top five tourist attractions in Nigeria and their locations. First, the life insurance companies were nationalized in 1956, and then the general insurance business was nationalized in 1972. Adic Insurance: They offer personal, Life Insurance, Car and Home. Quick Note on Rating and What Life Insurance Companies In Nigeria Are All About. A weekly business magazine had put the number of both insurance companies and reinsurance companies in Nigeria at 49. Box 70986, Victoria Island, Lagos. In addition, Staco Plc upholds integrity and hard work in their operations. Address: Head Office: 112 Broad Street, Lagos Island, … Currently, Anchor has expanded to 19 branch offices across the country. You AIICO known as the American International Insurance Company is an Agency … The company has a head office in Lagos and 16 branches across the country. Welcome To The National Insurance Commission. Phone. However, things are changing fast, and Nigerians are getting to understand what they stand to benefit by patronizing insurance companies. List of Life assurance companies and services in Nigeria. Development of insurance took place long before Nigeria … What contributed to the appearance of insurance companies in Nigeria? P.O Box 654, Lagos. In addition, they provide premium risk management solutions to their clients. 8, Omo-osagis Street Off Awolowo Road Ikoyi SWI, Lagos Life. 15 NICON Insurance Plc Nicon Plaza, Plot 242, Muhammadu Buhari Way, Central Business District, Abuja … Most of the insurance premiums collected in life insurance -71%, or 22 billion dollars, while other types of insurance are developed much weaker. Insurance in Nigeria started as far back as the colonial period, … 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 contracts. A company licensed to transact general insurance business in Nigeria. Address: Plot PC 12, Churchgate Street, Victoria Island, Lagos. AIICO Insurance Plc. Acen Insurance Company: They issue both life and non-life policies. Niger Insurance opened in 1962, but back then it was known as Yorkshire Insurance. Also, GNI Plc employs state of the art information technology in its operation. In the beginning years, this company offered only life insurance. Phone no: 0700 2442 6682 28. Mansard Insurance … AIICO insurance; AIICO is rated currently as one of the major life insurers in the country and a big … … You have entered an incorrect email address! We believe that life should be lived to the fullest. See Also: List of successful entrepreneurs in Nigeria. Also, the company’s product includes: Fire and Special Perils, Burglary and House, Motor, Money Insurance and many more. Importantly, their products are backed up by highly profiled reinsurance organisation like General Insurance Corporation of India (GIC), Africa Re, Continental Re, etc. Aiico Insurance is one of the well recognised insurance companies in Nigeria. AIICO Insurance Plc. That’s an insurance agent. Product offers include: group life assurance, fire and special peril, workmen compensation and many others. operations in Nigeria in 1918 and was represented  by Barclays Bank DCO. They provide coverage for both individuals and corporates alike. Nigeria. Today Niger offers both life and non-life insurance products and is considered to be one of the best life insurance companies in Nigeria. Think of the guy who tries to convince you to buy an insurance plan. AIICO Insurance Plc: AIICO Plaza, Plot PC 12, Afribank St. Victoria Island, Lagos.-Telephone: RIC Number. Email. Insurance companies in Nigeria are already making waves. … Just the best from top insurance companies in Nigeria. This is a list of insurance companies based in the United States.These are companies with a strong national or regional presence having insurance as their primary business.. It was incorporated on 26th March 1991 and it was issued a license on 7th October 1993. 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). Leadway began business in 1970 and is still one of the leading insurance companies in Nigeria. These are the full list of Insurance Companies in Nigeria as collated recently. Zenith General Insurance Company Ltd Address: Head Office: Plot 101 Ajose Adeogun Street, Victoria Island, Lagos. Another thing that sets them apart is their partnership with re-insurers who give them the assurance they need to underwrite risks. Our website is made possible by displaying online advertisements to our visitors. All rights reserved. Address: New Africa House, 31 Marina, Lagos. This post discusses everything to know about insurance and Nigerian insurance companies. The below listed Insurance Companies offers services such as; Car Insurance, Mortgage Insurance, Life Assurance and some are Mortgage Adviser, etc. Travel insurance, fire insurance, motor insurance and many more. A weekly business magazine had put the number of both insurance companies and reinsurance companies in Nigeria at 49. Insurance Companies in Nigeria, Their Contact Addresses and Phone Numbers, Top 10 Business Schools in Nigeria You Can Get The Best Education From, List of Insurance Companies in Nigeria and their addresses, List of Nigerian Ambassadors 2021(Career and Non-career), 10 Major Economic Problems in Nigeria Today and Their Solutions, Abia State University Announces Resumption Date for the 2019/2020 Academic …, Nigerian Army Logo: Meaning of the Symbols and Arabic Text, Bullying of Member : Abia Online Media Practitioners Demand An …, Abia State Government Review Measures to Curtail the Spread of …. In addition, IGI makes use of latest technology in their operation. 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