Do you want to know the insurance companies we have in Nigeria? Then keep reading this article for more information.
Nigerians trying to buy insurance in other to protect themselves in addition to their properties against unforeseen circumstances.
Moreover, these events can take up a large chunk of their finances, which they would want to avoid. Hence, they need to buy insurance.
However, it helps individuals and companies safeguard their investments and properties against risks that can make them lose everything.
There are top insurance companies in Nigeria that help individuals looking to secure their future from such misfortune. Furthermore, you have to know what you are looking for, how the insurance agency works, and pick correctly.
READ MORE: Top 20 insurance companies in Nigeria - 2022
Insurance Companies in Nigeria
The top insurance companies in Nigeria include:
1. AIICO Insurance Plc
AIICO Insurance Plc is an insurance, management, pensions and asset management Group that was established in 1963. Moreover, they focus on general insurance and special risks, life assurance and annuity, health insurance, asset management and pension management.
They offer the following policies:
- Travel Insurance
- Income investment plan
- Corporate saving plan
- Corporate save plan
- Educational investment plan
- Flexible endowment plan
- Term assurance plan
- Electronics equipment polish plan.
2. Leadway Assurance Company
Leadway gives services in both lives and pensions. It was established in 1970.
The company offers allied financial services like Bonds, Secured Credit, Portfolio management, and Miscellaneous financial losses.
Moreover, they are active online, across all social media platforms, and have computerized most of their operations to boost effectiveness.
However, they offer the following policies:
- Lead way saving plan
- Term assurance plan
- Family Benefit plan
- Money policy plan
- Educational saving plan.
3. Custodian And Allied Insurance
Custodian and Allied insurance companies offer a wide range of insurance plans to choose from. As the plan is tailored to the needs of clients.
However, the policies they offer are:
- Tuition protection plan
- Immediate annuity plan
- Auto insurance plan
- Investment plus plan
- Travel insurance plan
4. Cornerstone Insurance Plc
Cornerstone Insurance Company was incorporated as a private liability company on the 26th of July 1991. Moreover, it became a Public Limited Liability and was quoted on the Nigerian Stock Exchange (NSE) in 1997.
However, they offer the following policies:
- Gadget protection plan
- Investment plan
- Motor insurance plan
- Halal Takaful plan
- School fee guarantee plan
- Marine insurance plan
5. AXA Mansard Insurance
The AXA Mansard company is a member of the AXA Group. AXA Group is the top layer in insurance as well as asset management.
Moreover, these companies serve 107 million clients in over 60 countries. The company gives life insurance as well as non-life insurance solutions to individuals and organizations in the country.
They offer these policies:
- Auto flex plan
- Student protection plan
- Equity income plan
- Auto classic plan
- Money market plan
- Instant plan
READ MORE: Insurance companies in Nigeria
6. African Alliance Insurance Plc
African Alliance Insurance plc. was incorporated on May 6, 1960. The insurance plan company has a reputation for being efficient and trustworthy in Life Assurance.
Additionally, they personalize their insurance products tailored to each stage of their clients.
Also, they offer the following policies:
- Annuity assurance plan
- Group life assurance plan
- Esusu plan
- Direct debit individual
- Individual assurance plan.
7. Goldlink Insurance Plc
The insurance company was incorporated as a Private Limited Liability Company on April 15, 1992, it later converted to a Public Liability Company on May 11, 2007.
Also, it was listed on the NSE by an introduction on February 12th, 2008. Goldlink Insurance Plc is licensed to do both Life and General Businesses.
Moreover, these include plans like Motor Insurance, Fire and Special Perils, oil and gas life pension, and Travel Insurance.
The Insurance policies they offer include:
- Group Life Insurance plan
- School Safety Plan
- Compulsory Insurance plan
- Oil and gas plan
- Engineering Insurance
- General Accident Plan
- Individual Life Insurance Plan
- Reinsurance plan
- Liability Policies plan
- Marine and aviation plan
- Motor insurance plan
8. Continental Insurance
Continental Insurance is a private sector leader in the pan-African insurance industry. The company gives life and non-life insurance solutions to its clients across the content.
Also, it offers the following policies:
- Business insurance plan
- Insurance plan
- Auto Insurance plan
- Home insurance plan
- Pet insurance plan
9. Industrial And General Insurance Plc
The insurance company was incorporated as a private limited liability company on October to 31st 1991. Moreover, the company was registered as a public limited liability company in 2007. After that, they commenced operations in Life and General insurance.
It offers policies like:
- Mobile phone insurance plan
- Group life products plan
- Aviation insurance plan
- Engineering insurance plan
- Health insurance plan
- Marine insurance plan
- Oil & Energy.
10. Lasaco Assurance Plc
Lasaco Assurance Plc was incorporated on December 20 1979, under the Companies Decree of 1968. Moreover, the company was called Lagos State Assurance Company Limited. Eventually, they got licensed as an insurer on July 6th 1980 and commenced operations on August 1, 1980.
Moreover, the insurance policies are:
- Motor insurance plan
- Marine insurance plan
- Professional indemnity insurance
- Fire and special insurance plan
- Personal accident plan
- Bond insurance plan
- Money Insurance
- Householder’s insurance plan.
READ MORE: The top 5 insurance companies in Nigeria by market capitalization
Conclusion
The companies mentioned above are some of the top insurance companies in Nigeria to place your order. Also, you can go with any of these companies knowing you are in safe hands.
