Top 20 Insurance Companies In Nigeria – Insurance is a crucial aspect of personal and business finances as it provides financial protection against potential risks and losses.
The insurance industry in Nigeria has grown significantly over the years, with many companies offering a wide range of insurance products and services. As a result, choosing the right insurance company can be a daunting task.
In this article, we will highlight the top 20 insurance companies in Nigeria in 2024. These companies have been ranked based on factors such as financial stability, market share, customer satisfaction, and product offerings.
Top 20 Insurance Companies In Nigeria In 2024
1. Leadway Assurance Company
2. AIICO Insurance Plc
3. Continental Reinsurance Plc
4. Mutual Benefits Assurance Plc
5. Old Mutual Nigeria Limited
6. Custodian and Allied Insurance Limited
7. Standard Alliance Insurance Plc
8. Nigerian Reinsurance Corporation
9. Axa Mansard Insurance Plc
10. Cornerstone Insurance Plc
11. Wapic Insurance Plc
12. Guardian Life Assurance Nigeria Limited
13. Staco Insurance Plc
14. Lasaco Assurance Plc
15. Great Nigeria Insurance Plc
16. NEM Insurance Plc
17. First City Monument Bank (FCMB) Insurance Limited
18. Consolidated Hallmark Insurance Plc
19. Equity Assurance Plc
20. Royal Exchange Assurance Nigeria Limited
Leadway Assurance Company
Leadway Assurance Company is a leading insurance company in Nigeria, known for its innovative products, efficient services, and strong financial performance.
The company offers a wide range of insurance products including motor insurance, life insurance, health insurance, and personal accident insurance.
Leadway is renowned for its seamless claim processes and customer-centric approach, which has earned it a loyal customer base.
You can visit their office at 121/123 Funso Williams Avenue Iponri, Lagos. or log on to the lead way website for more information at http://www.leadway.com. you can also contact them by Phone: 01-2700700
AIICO Insurance Plc
AIICO Insurance is a well-established insurance company in Nigeria that provides a wide range of insurance products and services, including life insurance, health insurance, general insurance, and investment products.
The company has a strong reputation for financial stability and customer satisfaction, making it a popular choice among insurance consumers.
AIICO is known for its innovation and has launched several unique insurance products that cater to the specific needs of its customers.
It is located at Plot PC 12, Church Gate Street, Victoria Island, Lagos. or visit AIICO Website: http://www.aiicoplc.com or contact them on AIICO Phone: 01 279 2930
Continental Reinsurance Plc
Continental Reinsurance is one of the largest reinsurance companies in Nigeria, with a strong reputation for financial stability and a broad range of insurance products.
The company offers a wide range of insurance services, including motor insurance, life insurance, and health insurance.
Continental Reinsurance has a strong presence in Africa and has won several awards for its innovative insurance products and excellent customer service.
You can visit Continental Reinsurance Plc. Continental Re Centre, 17 Olosa Street, Victoria Island, Lagos, Nigeria. Tel: +234-7080671600 Email: info@continental-re.com
Mutual Benefits Assurance Plc
Mutual Benefits Assurance is a leading insurance company in Nigeria that offers a wide range of insurance products, including life insurance, health insurance, and general insurance.
The company has a strong reputation for providing excellent customer service and innovative insurance products.
Mutual Benefits has a customer-centric approach and has launched several initiatives to educate and empower its customers about the benefits of insurance.
You can go to their head office address: Aret Adams House, 233 Ikorodu Road, Ilupeju, Victoria Island Lagos. or visit their Website: http://www.mbaplc.com. you can also contact on Phone: 09054644444, 09054744444
Old Mutual Nigeria Limited
Old Mutual Nigeria is a well-established insurance company in Nigeria, offering a wide range of insurance products, including life insurance, health insurance, and general insurance.
The company is known for its financial stability and strong commitment to customer satisfaction. Old Mutual Nigeria has a strong presence in Africa and has won several awards for its innovative insurance products and excellent customer service.
For more information, you can log on to their website at https://www.oldmutual.com.ng/ or visit their office at BOX 3rd floor, 74, Allen Avenue, Ikeja, Lagos
Custodian and Allied Insurance Limited
Custodian and Allied Insurance is a leading insurance company in Nigeria that offers a wide range of insurance products, including motor insurance, life insurance, health insurance, and personal accident insurance.
The company is known for its innovative insurance products and excellent customer service.
You can visit them at 16A, commercial Avenue Sabo, Yaba, Lagos. you can also read more on their webpage at http://www.custodianplc.com.ng or call Phone: 01 277 4000
Standard Alliance Insurance Plc
Standard Alliance Insurance is a well-established insurance company in Nigeria that offers a wide range of insurance products, including life insurance, health insurance, and general insurance.
The company is known for its financial stability and commitment to providing excellent customer service.
Contact them on Plot 1 Block 94, Providence Street Lekki Scheme 1, Lekki, Lagos, or call via Telephone:234-1-4616201, 0700-467872623
You can also log on to https://www.sainsuranceng.com/contact-us/
Nigerian Reinsurance Corporation
The Nigerian Reinsurance Corporation is a government-owned reinsurance company that offers a wide range of insurance services, including life insurance, health insurance, and general insurance.
The company is known for its financial stability and commitment to providing excellent customer service.
You can visit their head office at 46 Reinsurance House Lagos Marina, Lagos, or log on to https://nigeriare.com.ng/contact/. you can also call them on 0709 811 1677
Axa Mansard
Axa Mansard Insurance is a leading insurer in Nigeria that provides a range of insurance products and services. this includes Asset/investment management services, Health management services, and Pension fund administration.
You can locate them at 928A Aboyade Cole Street, Victoria Island, Lagos. or visit their website via https://www.axamansard.com/ and contact them by Phone: 08150490199
Cornerstone Insurance
Cornerstone Insurance is a top insurance company in Nigeria that offers a variety of insurance products and services including life, general, and health insurance.
you can visit their head office at Water Corporation Drive off Ligali Ayorinde Street, Victoria Island, Lagos. you can also log on to their website: https//:www.cornerstone.com.ng or Phone: 0810 6000 800
Wapic Insurance
Wapic Insurance is a Nigerian insurance company that provides life, general, and oil and gas insurance services.
You can visit their office address at 119 Awolowo Road, P. O. Box 55508, Falomo-Ikoyi, Lagos, Nigeria for further enquiry
Guardian Life Assurance Nigeria
Guardian Life Assurance Nigeria is a life insurance company that offers a range of insurance products and services to individual and corporate clients.
it has its headquarters at 10 Hudson Yards New York, NY 10001 United States. you can call their contact on 800.548.2962 or visit their website at https://www.guardianlife.com/contact-us
Staco Insurance
Staco Insurance is a Nigerian insurance company that offers life, general, oil and gas, and marine insurance services.
You can visit their office address at Police CID Headquarters Yaba, 209, Herbert Macaulay Way Yaba, Lagos Nigeria, or log on to
http://www.stacoplc.com/contact
Lasaco Assurance
Lasaco Assurance is a top insurance company in Nigeria that provides a range of insurance products and services including life, general, and health insurance.
You visit their office address on LASACO House, Plot 16 Acme Road Ogba, Ikeja, Lagos, Nigeria. call their Tel: (234) 01 2120557, (07000527226)
Fax: (234) 01-4638392. you can also send a mail to info@lasacoassurance.com or log on to the Website: www.lasacoassurance.com
Great Nigeria Insurance
Great Nigeria Insurance is a leading insurer in Nigeria that provides a range of insurance products and services to individual and corporate clients.
You can visit their office address at 8 Omo Osagie Street Off Awolowo Road, Ikoyi Lagos, 101233 Nigeria, or log on to http://www.greatnigeriaplc.com/
NEM Insurance
NEM Insurance is a top insurance company in Nigeria that provides a range of insurance products and services including life, general, oil and gas, and marine insurance.
You can visit their office address at 199 Ikorodu Rd, Obanikoro Lagos state and you can also visit their website at www.nem-insurance.com. or call 234 1 4489560-7
First City Monument Bank (FCMB) Insurance Limited
First City Monument Bank (FCMB) Insurance Limited is a subsidiary of First City Monument Bank that provides a range of insurance products and services to individual and corporate clients.
You can visit them at primrose Tower, 17A, Tinubu Street, Marina, Lagos. or call 01-2798800, 07003290000. for more information and inquiries, you log on to https://www.fcmb.com/contact-us
Consolidated Hallmark Insurance
Consolidated Hallmark Insurance is a leading insurance company in Nigeria that provides a range of insurance products and services including life, general, and health insurance.
Address No 266, Moshood Abiola Way, Obanikoro, Lagos state. you can also visit their website for further information via chiplc.com
Equity Assurance
Equity Assurance is a top insurance company in Nigeria that provides a range of insurance products and services including life, general, oil and gas, and marine insurance.
The office address is at Plot 1196 Bishop Oluwole Street, Victoria Island, Lagos. or call 234 1 8980384 8980460 2802012. You can log on to https://www.equityassuranceplc.com/
Royal Exchange Assurance Nigeria
Royal Exchange Assurance Nigeria is a leading insurance company in Nigeria that provides a range of insurance products and services including life, general, and health insurance.
Located at New Africa House, 31 Marina, Lagos. you can call their Telephone at +234 -1- 4606690 – 9 or visit their website on https://royalexchangeinsurance.com/contact-us/
Conclusion
Listed above are the top 20 insurance companies we have in Nigeria, their address, their contacts, and their websites. They have been rated and ranked among the best insurance companies we have in Nigeria
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