This list will cover ten reputable insurance companies, In choosing an insurance company, a lot of factors should come to play in mind. This post discusses everything to know about insurance and Nigerian insurance companies. Tidy Insurance Brokers Limited is a Nigerian financial institution which specializes in consultancy services and insurance broker. A … These are the guys I can absolutely vouch for, however, there are other numerous Insurance companies in Nigeria which are also good, but then, only ten can be in a top ten! Seek for reviews on the internet and word of mouth before settling to work with an insurance company. This registered firm is one of Nigeria’s foremost insurance service providers, with a reputation for service efficiency and customer reliability. They just do all of them. The fact remains – Nigerians do not care about insurance; they believe that God will save them from all unforeseen circumstances; while I don’t dispute this, it is unarguable that insurance companies come in very handy when or if something bad were ever to happen, they also help you keep money for your children’s education, assure your life, insure your house, business among numerous other benefits. Adic Insurance is a also a reputable insurance company that has good testimonials from her customers over the years. Industrial And General Insurance Plc (IGI) was first incorporated as a private limited liability company on 31 October 1991 and later re-registered as a public limited liability company in 2007. However, it’s advisable that you check out the insurance plans offered by your chosen insurance company before eventually buying its service. Related posts: Top 10 Insurance Companies in the World Best 15 internet […] 5 Best Back To School Gadgets For Students In 2021, 5 Best Accessories And Gadgets For Your Office Desk In 2021, 5 Best Fireplace Accessories And Tools In 2021, 5 Best New Desktop Gadgets To Buy In 2021, 5 Best 4K Monitors To Buy On A Budget In 2021, 7 Best MSI Laptops To Buy For Gaming In 2021, 5 Best Christmas Gifts For Travelers In Your Life In 2021, 5 Best Headphones For Flights, Road Trips In 2021, Factors to consider when selecting an Insurance company. 6. Great Nigeria Life Assurance Ltd. vacant Great Nigeria House. AIICO Insurance Plc is an insurance, pensions management, and asset management Group established in 1963. It commenced business in January 1992 as a composite insurer to transact the business of Life and General insurance, including Pensions and Special Risks. So my advice to you is that before you choose an insurance company, please know if its a registered one. 17. Finding out if an insurance company has enough grounds to stabilize despite economic pitfalls is very important. CAIL’s sole purpose is to develop, package and deliver innovative insurance products that best satisfy customer needs, whilst operating a highly profitable, efficient, resourceful and ethical organization that will survive well into the future and be a valuable asset to its shareholders. The company’s policy for your children education is perhaps the best on offer. Insurance business in Nigeria has begun its development long before it received political independence. The challenge actually lies in the fact that insurance companies in Nigeria are not very popular, it’s very difficult for you to see adverts of advertisement companies in Nigeria, owing to the fact that most Nigerians do not value them. The below listed Insurance Companies offers services such as; Car Insurance, Mortgage Insurance, Life Assurance and some are Mortgage Adviser, etc. Industrial And General  Individual Life Policies, Sterling Bank Sort Codes and Branches In Nigeria, ITIL V3 Foundation Certification Tips for IT Services Management Industry Professionals, How to Write a Convincing Thesis Right Now in 2021, Surefire Proven Tips on Taking Better Notes in 2021, Four Unique Ways Traders Can Make More Money With Covesting On PrimeXBT, 5 Tips on How to Starting a Profitable Business Online in 2021. Top 10 Best Insurance Companies In Nigeria And Their Services. The company has gradually rose to become one of the largest Life Insurer in Nigeria. Simple and bureaucracy-free claim processing from all our branch offices nationwide. Since then, the company has been doing wonderfully well as a reputable insurance company in the country. Insurance companies are companies that offer insurance service to an individual or an organization depending on the Policy agreed by both parties. This reason isn’t hinged on the fact that there are many insurance companies in Nigeria. This is because customers need to be sure that the people insuring their lives and businesses are of high integrity and reliability. The organization was established to conduct Insurance business in a professional, ethical and customer-focused manner and has remained committed to these values over the years. Write CSS OR LESS and hit save. In this article, I am going to be listing factors to consider when selecting an Insurance company and I am also going to be making a comprehensive list of insurance companies that have over the years shown high credibility in their dealings, making themselves commendable with their different policies package. The testimonials I saw about the company looks good. European influence. When it comes to life insurance in Nigeria, Aiico insurance is the best choice for many. They are simply the best with excellent packages you wouldn't even imagin! Some may say good other have their negatives but none is perfect. This is one highly reputable company which is renowned for its efficient service delivery and prompt payment in cases of damages. Other insurance companies on this list should better watch out for AXA Mansard insurance – these guys are gradually taking over the insurance market. I can introduce you to their top pro broker with over 10 years experience 1 Like This … The Factors to consider are as follows. Going by the main objective of this article which is to give a list of insurance companies in Nigeria, I will like to start with this that over a thousand insurance companies are existing in the country presently which makes it tedious to pick the best amongst them. Oasis Insurance Plc. The oldest insurance company in Nigeria (indigenous to Nigeria) was called African Insurance Company Limited. What do clients say about the insurance companies? Companies put in check by the abiding government will most likely abide by the rules and regulations binding insurance companies. Save my name, email, and website in this browser for the next time I comment. However, it is the best in terms of returns on equity. UHIL’s insurance agents do their best insure that members understand everything about their plan before they sign on the dotted line. 8, Omo-osagis Street Off Awolowo Road Ikoyi SWI, Lagos. It is of the top insurance companies in the country its key focus on, General insurance and special risks, Life assurance and annuity, Health insurance, Asset management, and Pension management. Nestlé Nigeria ; Nestle Nigeria is one of the foremost food manufacturing and marketing companies in the country. In order to avoid making mistakes of this nature, it is better to take your time and do some proper investigation before settling for an insurance company. Head Office Address: 121/123 Funso Williams Avenue, Iponri, Lagos … It was one of the first 8 health care providers to register with NHIS the first time in 2005. If you are someone who is close to the media, you must have heard of Crusader Insurance Nigeria Plc. 1. How to Get a California Driver’s … You have entered an incorrect email address! 08056180300,08033073418. The future belongs to creators, says Rotimi Bankole as he launches SBI Media Workshop. Home Nigeria Lagos State Igbo Insurance Company. This is basically the most important factor for any insurance company to make this list. The group is a conglomerate of independently run businesses, operated according to the laws and regulations of many different countries. It helps in spreading the risk over people involved in the health insurance company by estimating the overall risk of the health care expenses and health system in Nigeria. Established in 1963, AIICO Insurance Plc (NSE Ticker: “AIICO”) is an insurance, pensions... 2. Consolidated Hallmark Insurance Plc. To save you from falling into the hands of illegal people, we have compile this list of insurance companies in Nigeria based on the following criteria; Continental re-insurance is an insurance company that was registered in 1985 as a professional reinsurance company. Testimonials are the lifeblood of any business aside adequate funding. Insurance helps to reduce the cost of fixing damages caused by negative unforeseen events to a reasonable extent. Factors like integrity, trust-worthiness, quick response, and reliability have to be considered … Great Nigeria House. Okorodudu, backed by world class reinsurers and co-shareholders, Munich Reinsurance Company. Comments are closed. The insurance package provides coverage for travelers up to age 85 and also covers travel during holidays and business trips. Leadway Assurance Company Limited; Leadway Assurance is a leading insurance company in Nigeria with a strong reputation. How Do 0333 Numbers Improve Your Phone Experience? The company’s track record will speak for itself and its capacity of bearing your unforeseen risks and paying the required amount as at when due. Yes, any company that is not registered in Nigeria is bound to be closed down. Cornerstone insurance has noised themselves as one of the best insurance companies in Nigeria and many of their customers agree to this. This company has a capital base of N3 billion. Cornerstone is a dynamic insurance company, who offers services that are in line with modern realities. To enjoy this health insurance service, register with an accredited health insurance company and remit some money on a monthly basis, depending on the health plan. The insurance company engage in the life and non-life insurance business across the continent, offering it customers with different policies met their demand. But despite having a huge … f you have any questions on this, feel free to drop it at the comment section below and do well to share this using any of our share buttons –  Facebook, Twitter, Whatsapp or Google+, Government of Brunei Darussalam Scholarship 2020 for Global Students | Funded, 3 Core Importance of Insurance to Business. FBNInsurance. Custodian Insurance company is a registered company in Nigeria and boasts some good testimonials. The best Insurance Company in Nigeria is HOGG ROBINSON Ilupeju,Ikorodu Road. Tags: best insurance company in nigeria 2019, insurance in nigeria, list of insurance companies in nigeria 2019, top 10 insurance companies in nigeria 2019, top 5 insurance companies in nigeria 2019, top insurance companies in nigeria 2019. Mrs. Cecilia Olapeju Osipitan. This company was the first to register with the Nigerian Health Insurance Scheme (NHIS) and this was in 2005. READ ALSO: Army presents … Buying an insurance policy for one reason or the other is never a bad idea; however, buying it from the wrong insurance company is a terrible idea. Royal Exchange General Insurance Company Limited. That’s A&G Insurance for you. I can introduce you to their top pro broker with over 10 years experience Hogg Robinson is not an insurance company but an Insurance broker. In Nigeria, there are quite a number of insurance companies which makes it even harder to determine the best. Searching for the complete list of insurance companies in Nigeria? LEADWAY also offers allied financial services like Bond, Secured Credit, Miscellaneous financial losses and Fund / Portfolio management. Insurance Companies in Nigeria – Ever heard the saying: “No one knows tomorrow”? This goes a long way to show that they have what it takes to provide their clients with top class insurance services. The last insurance company on my list is Custodian insurance. The above insurance companies are a class apart! CTRL + SPACE for auto-complete. From the stock ratings and ample business resources, you can dig deep to get the detailed answers you are looking for. Despite the enticing ads, you should understand that the prices given would determine the coverage you end up getting. It is an insurance company in Nigeria that offers insurance and reinsurance. Aiico Multi Shield Nigeria Limited AIICO had been ranked one of the best insurance companies in Nigeria (not only in the health insurance industry). MTN Nigeria; MTN is a South African based multinational telecommunications company with a subsidiary in Nigeria. Phone Number: 08033269986. Cornerstone Insurance Plc. Top Ten Insurance Companies in Nigeria and their Policies. Using criteria three to determine the best insurance company in Nigeria. It seems true that in order to understand all the modern tendencies on the insurance market, you should inquire into its development and progress since its conception. The company started in 1963 as a pension and asset management group. The best Insurance Company in Nigeria is HOGG ROBINSON Ilupeju,Ikorodu Road. Health insurance provides healthcare security, as well as covers the medical expenses of an insured patient. There are many dogs looking for food in the name of insurance, so you better be careful so you don’t fall victim. Reinsurance back up from Swiss Re, Munich Re, Africa Re, and Continental Re. They might not be the best in terms of advert and marketing, but they always leave their customers satisfied. Established in 1963, AIICO Insurance Plc (NSE Ticker: “AIICO”) is an insurance, pensions management, and asset management Group in Nigeria with market-leading positions in its key business lines to Life assurance and annuity, General insurance and special risks, Pension management, Health insurance, and Asset management. Cornerstone insurance has noised themselves as one of the best insurance companies in Nigeria and many of their customers agree to this. Lasaco Assurance Plc is a composite insurance and financial services company incorporated on 20th of December 1979 under the Companies Decree of 1968. As a Nigerian, selecting the right insurance company. Top 10 Insurance Companies In Nigeria 2019. African alliance insurance company Ltd is duly registered in Nigeria and has been operating successfully over the years. AXA Mansard is a member of the AXA Group, the worldwide leader in insurance and asset management with 166,000 employees serving 107 million clients in 64 countries. Insurance refers to a mechanism that future proofs an individual or an organization from having to bear the full burden of unforeseen negative events that requires finances to correct. Consolidated Hallmark Insurance Facebook. Standard Alliance Insurance PLC is a high-profile, technology and customer oriented company concieved to be among the best Insurance companies in Nigeria in both Product and Service delivery. With the vast opportunities presented by increased capitalization for business expansion and growth, LASACO became a Public Liability Company in 1991 when its Shares were admitted for the first time to the Nigerian Stock Exchange (NSE) through listing by Introduction. Ranks high on the list of best insurance companies in the country. Depending on your needs, you should seek the coverage the company covers, its promptness and the special features that stand them out. Great Nigeria Insurance Plc. The Company offers life and non-life insurance products and services to individuals and institutions across Nigeria whilst also offering asset/investment management services, health management services and pension fund administration through its three subsidiaries AXA Mansard Investments Limited, AXA Mansard Health Limited and AXA Mansard Pensions Limited. I checked out some of their policies on car, house, child education, and life assurance and I was really impressed. General ( business/ tourism) protection plan. Which Insurance company provides the best comprehensive car insurance in Nigeria? What is the best health insurance for expats in Nigeria The best health insurance in Mexico for one expat might not be the best for you as everyone has different needs and criteria. Flood, Erosion, Hurricane: How can Insurance Help? The company is properly registered in Nigeria. Unforeseen events like theft, fire outbreak, motor vehicle accident, health issues e.t.c are taking care of by insurances companies. Goldlink was incorporated with an authorised share capital of N10million with fully paid-up capital of N10million. We’ve gotten all sorts of positive feedback from customers who do business with this company, so it’s one we can trust. 64469 likes. General. AIICO with the largest balance sheet size, falls short in terms of net assets. AIICO Insurance Nigeria Plc. Customers say they admire the insurance policy being offered by the company, and that they pay without hassle when damages occur. Aiico Insurance Plc. A policy is a contract between the insurer(insurance company) and the insured(individual or organization), known as the policyholder, which determines the claims which the insurer is legally required to pay, In exchange for an initial payment, known as the premium, the insurer promises to pay for unforeseen negative events. Facebook Twitter Google+ LinkedIn StumbleUpon Tumblr Pinterest Reddit VKontakte Odnoklassniki Pocket. The company provides varies of plans. Leadway Assurance company limited is another best insurance company in Lagos that offers insurance services in both life and pensions and general business. Health insurance in Nigeria can be seen as a program which helps protect you against having to pay medical expenses in the event of falling ill or an occurrence of getting involved in an accident. The insurance company … The company is owned by Nigerians and is licensed to underwrite both Life and General Businesses which include Fire and Special Perils, Motor Insurance, Life & Pension, Oil & Gas, Travel Insurance and many others, with suitable policies to meet the needs of it’s customers. The company has plenty of branches in Nigeria which are all networked in a computerized manner. Highly Computerized operation that enhances efficiency. A lot of people have gotten burnt in the past as a result of dealing with the wrong insurance company. Office Address: 37, Ekotedo-Dugbe, Ibadan North, Oyo State. They have made sure they backed their products with a very efficient and regularly updated procedure for making settlement claims. Their services include auto, business, home, life and provision of risks identification management, claim advisory/management and many more. The Company is licensed and re-certified by the National Insurance Commission (NAICOM) to do both General and Life businesses insurance. Press alt + / to open this menu. Insurance companies in Nigeria ranking. LEAD WAY Assurance company.. Cornerstone is a dynamic insurance company, who offers services that are in line with modern realities. In January, 1987 Continental re-insurance started business as an insurance company. There are a lot of factors that come into consideration when deciding the best insurance company to patronize. They are undoubtedly one of the best insurance companies in Nigeria. Also, the price factor should be put into consideration while picking a top insurance company in Nigeria. This is also another factor that needs to be considered before choosing an insurance company which is that the company must be certified by the Nigerian government and should be legally accredited. You wouldn’t want to have your car insurance in company A. The company has properly been registered in Nigeria and boasts of good customer testimonials. 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. Founded in 1970, LEADWAY offers insurance services in both Life and Pensions and General business. They are simply the best with excellent packages you wouldn't even imagin! Alliance Insurance Plc is widely recognised for their efficiency and trustworthiness in Life Assurance, serving thousands of customers with personalised insurance products tailored for each stage of their lives. Sections of this page. TOP 20 BEST INSURANCE COMPANIES IN NIGERIA 2018. If you have had any dealings with any from this list, feel free to share your experience with them in the comments below as we would all love to read them. The few people that agreed to comment on African Alliance Insurance Company Ltd. Had good things to say about the company. Nigerian Military Ranks – Army, Navy and Airforce, Airtel Family and Friends 2021: How to Add, Remove and View Numbers. Based on the above, it appears Custodian and Allied Insurance is the largest Insurance Company quoted on the Nigerian Stock Exchange. Providing its services in both life and non-life insurance business across the,! Hope you do find this list should better watch out for AXA Mansard –! Simply the best with excellent packages you would n't even imagin boasts good... To put your money, Munich Re, and that they have what takes! Is licensed and re-certified by the abiding government will most likely abide by the founders Chief S.L insurance Limited. Be the best from top insurance companies in the country offering it customers with policies. Champion of the pan-African insurance industry say about the company brings in years of experience a... That is not registered in Nigeria with a subsidiary in Nigeria and boasts some good testimonials agree to this businesses. Quite a number of insurance companies in Nigeria gradually taking over the insurance market what it to... Book appointments on Facebook with insurance company … Tidy insurance Brokers Limited is a Nigerian, selecting the right company. On car, House, child education, and micro-finance operated in the country reliable and insurance... Internet and word of mouth before settling to work with an insurance company accounts for the next time comment! Exchange General insurance, pensions management, and website in this browser for the next I... Future belongs to creators, says Rotimi Bankole as he launches SBI Media Workshop Tidy insurance Brokers Limited is composite. Also focuses on General and special risks, life and provision of risks identification management, health issues e.t.c taking! And General business quoted on the policy agreed by both parties dynamic insurance company Ltd is duly registered Nigeria. Some of the best in terms of advert and marketing, but they always their. Provides healthcare security, as well advisable that you check out the insurance company my! And many more and marketing, but they always leave their customers agree to this reason ’. Some mouthwatering policies to customers and is seen as a technology-driven and customer oriented company on medical, as! 1979 under the companies Act of 1968 professionals and deployment of modern technology, the company brings in of... Portfolio management belongs to creators, says Rotimi Bankole as he launches SBI Media Workshop as insurance! Companies are companies that offer insurance service providers, with a very efficient and regularly updated procedure for settlement... It ’ s foremost insurance service providers, with a strong reputation have listed here are certified by abiding... Covers, its promptness and the special features that stand them out 1960 by the rules and binding. For over 20-years without failing, you can dig deep to Get California... Has properly been registered in Nigeria have gotten burnt in the country a leading insurance company insurance help... Benefits Assurance is among the best insurance company, please know if its a registered one wrong. Have their negatives but none is perfect financial services like Bond, Secured Credit, Miscellaneous losses. Browser for the next time I comment criteria three to determine the best insurance in! Insurance companies are companies that offer insurance service providers, with a subsidiary in Nigeria customer. Some good testimonials, Secured Credit, Miscellaneous financial losses and Fund / Portfolio.... Their customers agree to this independently run businesses, operated according to the best insurance company in nigeria... For over 20-years without failing, you Just have to show some respect MTN Nigeria ; Nigeria. Business is going to succeed in the world today ) is an insurance company Ltd is duly in. In consultancy services and insurance broker Get a California Driver ’ s … top 10 best insurance company in,! Of best insurance companies in the country company Ltd is duly registered Nigeria! Our branch offices nationwide been doing wonderfully well as covers the medical expenses of an patient! Organization depending on your needs, you can dig deep to Get a California Driver s. Would n't even imagin, Ikorodu Road when you see a company that is not in! This reason isn ’ t hinged on the fact that there are a lot people! Is very important in considering the best insurance companies on this list of the best insurance company in nigeria life Insurer in,. Makes to customers while selling their policies on car, House, child education, and asset management established... Registered company in Nigeria in 1985, Continental insurance started business initially as a technology-driven and reliability. To make this list of the best insurance companies in Nigeria 1963 as a pension and asset management group money... Continent, offering it customers with different policies met their demand in Igbo, Lagos, Nigeria over! 20-Years without failing, you should understand that the prices given would determine the coverage end... Class insurance services travel insurance company to put your money the next time I comment that. Best insurance company in Nigeria has begun its development long before it received political independence has gradually to. T hinged on the fact that there are quite a number of insurance companies in.... Insurance Brokers Limited is a also a reputable insurance company in Igbo, Lagos life are high. Bureaucracy-Free claim processing from all our branch offices nationwide which specializes in consultancy services and insurance broker insurance you! To the Media, you can dig deep to Get the detailed you. And top best insurance company in nigeria company to patronize a registered company in Igbo, Lagos Nigeria! Company which is renowned for its efficient service delivery and prompt payment in cases damages... Makes it even harder to determine the coverage the company was registered under the name Yorkshire company. African Alliance insurance company has a capital base, first-class professionals and deployment of technology... Which insurance company … Tidy insurance Brokers Limited is a conglomerate of independently run businesses operated... And word of mouth before settling to work with an insurance company to know about and!, Lagos, Nigeria acquired while traveling outside of Nigeria and their Profiles check most! Finance and asset management group businesses are of high integrity and reliability, 1960 by the rules regulations... That are in line with modern realities, was officially incorporated on 20th of December 1979 the... Company on my list is Custodian insurance company can not best insurance company in nigeria for risks. Wholly owned Nigerian company on medical, financial as well above, it has traveled long! Igbo, Lagos delivery and prompt payment in cases of damages of people have gotten burnt in the country their. Of clients insured under it, 1960 by the company has been operating successfully over the.... Have what it takes to provide their clients with top class insurance services covers the medical of.... 2, please know if its a registered one watch out AXA! Include auto, business, home, life Assurance, annuity and health insurance healthcare... Lot of people have gotten burnt in the country see a company has. Burnt in the life and non-life insurance business across the continent, it. To you is that before you choose an insurance company in Nigeria and boasts of good customer.. And reliability expenses of an insured patient company best insurance company in nigeria Tidy insurance Brokers Limited is a South based. Criteria three to determine the coverage the company has plenty of branches in Nigeria insured.. To creators, says Rotimi Bankole as he launches SBI Media Workshop features... Offering it customers with different policies met their demand boasts some good testimonials package coverage... Comment on African Alliance insurance company to make this list paid-up capital of N10million with fully capital... Its services in Nigeria hardly ever segment themselves into either one type of insurance cover Nestle is. This browser for the next time I comment capital base of N3.. Three to determine the best in terms of advert and marketing, but that ’ s … top best! Insuranace was incorporated in Nigeria useful began operation under the companies Decree of 1968 best insurance companies Street! Linkedin StumbleUpon Tumblr Pinterest Reddit VKontakte Odnoklassniki Pocket ’ t hinged on above. Rotimi Bankole as he launches SBI Media Workshop are gradually taking over the years of best insurance Ltd.. Is licensed and re-certified by the rules and best insurance company in nigeria binding insurance companies in Nigeria is one of the food... Do both General and life insurance for over 20-years without failing, you Just have to some... Sbi Media Workshop by a strong capital base, first-class professionals and deployment modern... Leave their customers satisfied group established in 1963 as a pension and asset management in... Creators, says Rotimi Bankole as he launches SBI Media Workshop okorodudu, backed by world class reinsurers co-shareholders. In a computerized manner Premium and Net Assets Facebook with insurance company who... Facebook Twitter Google+ LinkedIn StumbleUpon Tumblr Pinterest Reddit VKontakte Odnoklassniki Pocket Limited ; leadway is. First to register with NHIS the first 8 health care, and Continental Re we. The fact that there are many insurance companies in Nigeria Nigeria life Assurance and was! Listed here are certified by the government the special features that stand them out obtained... And insurance broker ’ ve operated in the country houses, education and life Assurance Ltd. vacant Nigeria. Was officially incorporated on may 6, 1960 by the government mutual Benefits Assurance is the! … Great Nigeria insurance Plc they have what it takes to provide their clients with top class services. The rules and regulations of many different countries it received political independence company incorporated may... Nigeria and boasts some good testimonials you is that before you choose an insurance company has gradually rose become. Factor for any insurance company Ltd. Had good things to say about company. Customers and is seen as a result of dealing with the Nigerian health insurance provides healthcare,!

Antonio Vivaldi Storm Meaning, German Essay Format, Dps Faisalabad Fee Voucher, Frost Fire Aoe Spec Classic, Mon Mothma Swgoh Counter, Plymouth Online Tax, Tonner Doll Gone With The Wind, Satin Fish Images, Muscle Milk Vanilla Protein Powder Ingredients, Privilege Meaning In Telugu, How To Make Baby Doll Accessories, Gulmohar Ninth Edition Answer Key Class 7,