The famous saying teaches that if you fail to plan, then you plan to fail. But, even a properly thought out plan sometimes faces challenges by unplanned circumstances that could cause you to lose all your lifelong investments.
Whether you say, “God forbid, Is not my portion” or, “Lai-lai, e no fit happen to me” that doesn’t change the reality which is that terrible things still occur even though we don’t intend them to happen.
For this purpose, future-forward entrepreneurs register insurance companies to safeguard their properties against accidental losses or destruction.
Insurance Companies In Nigeria
Insurance is simply protecting yourself, your businesses and your properties form loss. Thankfully, there are several insurance companies that can help you do that. See some of them below.
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Royal Exchange Plc
Royal Exchange Plc began operations in Nigeria in 1918, being represented by Barclays Bank DCO. However, in 1921, Royal Exchange converted to a branch of its parent company, Royal Exchange Assurance, London.
Their services include Royal fire protection, Royal money guard, Royal burglary protection, Royal Transit Plan, and much more.
Address: New Africa House, 31 Marina, Lagos.
Website: www.royalexchangeplc.com
Tel: +234-1-4606690-9
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Anchor Insurance Plc
Established in November 1989. They provide non-life insurance services. Presently, they have 19 branch offices across the country.
Registered Office: 7/13, Aka Road, Uyo, Akwa Ibom State
Website: www.anchorinsuranceng.com
Tel: 08067107569
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Standard Alliance Insurance Company Limited
Company Limited, in 1981. They were certified by the NAICOM to provide both general and special risk insurance services. They also provide aviation, bonds, goods in transit as well as machinery breakdown insurance services.
Address: Plot 1, block 94, Providence Street, Lekki Scheme 1, Lekki-Epe Expressway, Lagos.
Tel: 09055694301, 0700-6678-72623
Website: sainsuranceng.com
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AIICO Insurance Plc
AIICO Insurance Plc was founded in the year 1963 as a stipend and property management group. In addition to its services, the company also concentrates on general and special risks, life assurance, annuity, and health insurance. AIICO is a well-recognized insurance company and is currently the second largest in Nigeria.
Phone no: 0700 2442 6682 28
Website: www.aiicoplc.com
Address: Plot PC 12, Churchgate Street, Victoria Island, Lagos.
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Custodian And Allied Insurance Limited
Custodian and Allied Insurance Limited is a brand under the Custodian Investment Plc. They offer general and life insurance services.
Address: 16A, Commercial Avenue, Sabo, Yaba, Lagos.
Contact: (+234) 12774000-9
Website: www.custodianplc.com.ng
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Leadway Assurance Company Limited
Leadway Assurance Company Limited is one of the promising insurance companies in Nigeria presently. They are recognized for providing immediate claims settlement and inventive services to their customers. They provide services for personal, SME, and corporate businesses
Tel: 01-2700 700
Address: 121/123 Funso Williams Avenue, Iponri, Surulere, Lagos
Website: www.leadway.com
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Industrial And General Insurance (lGI) Plc
IGI was founded in January 1992 as a hybrid insurer providing life and general insurance services, as well as pensions and special risks. IGI emerged as the first private insurance company to post N1 billion premium income, in Nigeria, after four years of operation. They utilize the latest technology in their operations. You could get quotations and also make payments directly from their websites.
Address: 2, Agoro Odiyan Street, Off Adeola Odeku, Victoria Island, Lagos.
Website: www.iginigeria.com
Phone: (01) 2918853, (01) 2918827, (01) 2918854.
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Great Nigeria Insurance Plc
Sterling Assurance Plc was established in 1990 and they provide all kinds of general coverage. They offer fire and special perils, money, burglary and house, motor, insurance services and much more. Their services are supported by highly rated reinsurance organizations such as; General Insurance Corporation of India (GIC), Africa Re, Continental Re, and so on.
Address: 284, Ikorodu Road, Anthony, Lagos, Nigeria
Tel: 08150643531-2, 08178000222, 08178000333, 08178000444
Website: www.sterlingassure.com
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Guinea Insurance Plc
Guinea Insurance Plc was launched in 3rd December, 1958. Thy offer general accident, engineering and special risk services and are very sought after in Nigeria.
Address: 33, Ikorodu Road, Jibowu, Lagos.
Tel: 01-4622050-2, 018446470, 07098212408
Website: www.guineainsurance.com
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Consolidated Hallmark
This is one of the top ten general business and special risk companies in Nigeria . It’s the second company to review a Quality Management System Certificate (ISO 9001:2015). This company thrives on a reputation of integrity and excellence. They provide exceptional management solutions to their customers.
Address: 266, Ikorodu Road, Obanikoro, Lagos
Website: www.chiplc.com
Contact: 0700-2446-7887-2623, +234 1 2912 532, +234 1 2912543.
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Gold Link Plc
Lasaco Assurance Plc was established on 20th December, 1979 and was licensed on 7th July, 1980. They provide both life and non-life insurance services.
Address: Plot 16, Acme Road, Ogba, Ikeja, Lagos, Nigeria. P.O. Box 3724
Website: www.lasacoassurance.com
Tel: 07000527226
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FBN Insurance Ltd
FBN Insurance Ltd is co-owned byFBN Holdings Plc and Sanlam Grouo. They offer both individual and corporate coverage services.
Head Office: 298, Ikorodu Road, Anthony b/stop, Lagos, Nigeria.
Tel: +234 1 9054810
Website: www.fbngeneralinsurance.com
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Wapic Insurance Plc
Wapic Insurance Plc. provides several insurance services including fire and special peril insurance service. They also provide general and life insurance policies for both individuals and corporate clients at competitive rates.
Address: 119 Awolowo Road, Ikoyi, Lagos, Nigeria.
Tel: 012774500, 0700342592742
Website: www.wapic.com
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Law Union And Rock
Law Union and Rock take pride in their experienced underwriters and automated processes. They are distinguished from other companies by their allies with reinsurers who give them the assurance they need to underwrite risks.
Address: Law Union House, 14, Hughes Avenue, Yaba, 1000001, Lagos, Nigeria
Tel: 09036000066
Website: www.lawunioninsurance.com
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Niger Insurance Plc
Niger insurance PLC is a Nigerian insurance company involved in various forms of insurance services. The company provides life as well as non-life insurance coverage to its customers. The products they offer are also flexible to meet the diverse demands of their customers.
Address: 48/50, Odunlami Street, Lagos Island.
Tel: 08133244981, 08136053520
Website: www.nigerinsurance.com
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NEM Insurance
NEM Insurance Plc was launched in the year 1948 through the Edward Turner & Co agency. They provide services to corporate, personal, and SME bodies.
Address: 199, Ikorodu Road, Obanikoro, Lagos. P.O Box 654, Lagos
Tel: +234 14489560-7
Website: nem-insurance.com
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Mutual Benefits Assurance Plc
Mutual Benefits Assurance Plc was founded on 18th April, 1995 as a Private Limited Liability company but began their processes on 2nd October 1995. They provide life and general insurance services.
Address: Aret Adams House, 233, Ikorodu Road, Ilupeju-Lagos. P.O. Box 70986, Victoria Island, Lagos.
Tel: 09054644444, 09054744444
Website: www.mbaplc.com
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Staco Insurance Plc
Staco Insurance Plc was founded on 10th October 1991 but was certified on 1st October 1994. They offer general and special risk insurance services. They are known for their integrity and hard work
Address: 209, Herbert Macaulay Way, Yaba, Lagos.
Tel: +234 806 410 3680, +234 816 0654035
Website: stacoplc.com
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Nicon Insurance
NICON Insurance was originally a owned by the Federal Government of Nigeria. It’s main aim was to aid the development of insurance companies in Nigeria as well as protect the assets of the Federal Government. In December, 2005, NICON was privatized and they currently have 6 regional offices and 40 branches across the nation.
Address: Ground Floor, NICON Plaza, plot 242, Muhammadu Buhari way, central district, Abuja
Tel: 09087260168, 08055084597
Website: www.niconinsurance.com.ng
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Lasaco Assurance Plc
Lasaco Assurance Plc was established on 20th December, 1979 and was licensed on 7th July, 1980. They provide both life and non-life insurance services.
Address: Plot 16, Acme Road, Ogba, Ikeja, Lagos, Nigeria. P.O. Box 3724
Tel: 07000527226
Website: www.lasacoassurance.com
