Do you desire to know the top best insurance brokers in Nigeria? Keep reading as this article reveals it to you.
The insurance broker is the advisor who knows the benefits of insurers and explains to you the best insurance based on your needs.
Moreover, for you to know everything about insurers, as well as the clauses of insurance contacts, is quite challenging. But the insurance broker can help you figure it out.
READ MORE: Business Development Executive at FBN Insurance Brokers Limited
What Does an Insurance Broker Do?
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Insurance brokers make sure that their clients select the right insurance for their needs.
Moreover, they also listen to their client’s wishes and write down their questions and information, looking for insurance that is best for their clients and examining options with many insurance companies.
Top 10 Insurance Brokers in Nigeria
1. Mascot Insurance Brokers Limited
Mascot Insurance Brokers Limited is a leading Insurance Broking Firm that transacts business as Brokers, Risk management Consultants, Health Insurance Consultants, Life and Pensions, and Claim Service Experts.
Moreover, this insurance broker company gives a tailor-made insurance policy that includes your assets, personnel, and liabilities by negotiating with your insurers at reasonable rates, flexible terms and conditions, and favorable discounts to enable your organization to pay at a low rate for the coverage available.
2. Northlink Insurance Brokers
Northlink Insurance Brokers Plc was licensed by the National Insurance Commission (NAICOM) and incorporated on 23rd October 1989, to offer insurance brokerage services.
Moreover, they help clients identify their insurable risks and ensure that clients obtain the best available insurance coverage for the premiums they pay.
Also, they give individual services to customers by regularly reviewing their insurance needs, giving analysis and reports, paying regular visits to clients, and being updated with the requirements.
3. Carrier Insurance Brokers
In the year 1994 Carrier Insurance Brokers was incorporated. They are licensed by the National Insurance Commission (NAICOM) to give all classes of insurance.
However, the company offers specialist services to public organizations and the organized private sector. They provide the following:
- Travel Insurance
- Marine Insurance
- Motor Insurance
- Fire and Special Peril
- Goods in Transit Insurance
- Personal/Group Personal Accident Insurance.
4. Nasco Nigeria Insurance Brokers Limited
Nasco Insurance Group is a privately owned originally founded in Lebanon in the year 1969.
Today, in addition to Lebanon, the group has a presence in France, the Kingdom of Saudi Arabia, the United Arab Emirates, Qatar, Turkey, Nigeria, Egypt and South Korea.
5. Hogg Robinson Nigeria Limited
Hogg Robinson Nigeria Limited is a Nigerian Company that was registered by the Corporate Affairs Commission in 1974 as an insurance broker to do all kinds of insurance business.
Moreover, this company focuses on its clients’ specific needs and gives professional skills in the areas of analysis, risk identification, treatment, quantification, and transfer making use of insurance mechanisms in the value chain.
However, the traditional business model revolves around the development and establishment of specialist divisions such as oil and Gas, Construction and Engineering, Marine and aviation, Industrial and Commercial, Reinsurance, and Multinational risk management.
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6. Colenson Brokers Nigeria Limited
In the year 1983, Colenson Brokers Nigeria Limited was established which made it one of the oldest insurance brokerage firms operating in Nigeria.
Additionally, they specialize in transportation insurance, oil and gas, accident, life, liability financial insurance, etc.
7. Glanvills Enthoven Reinsurance Broker Limited
Glanvills Enthoven Reinsurance Broker Limited focuses on how clients want their products and services built around their unique needs and provided by professionals with deep expertise in their industries and lock markets.
Moreover, the company prides itself on having built a professional services company in other achieve its goals. Also, they offer services in reinsurance, human capital consulting, insurance, and risk management.
8. Hilltop Insurance Brokers Limited
In the year 2003 Hilltop Insurance Brokers Limited according to the Nigeria Law a private Limited Liability Company, carried out business insurance broking, risk management, and constancy services in The Marine, Oil and Gas, Motor, Life, and General Insurance Business.
Moreover, the insurance brokerage services are oil and energy insurance, motor insurance services, Marine Insurance (Hull and Cargo), Aviation Insurance, Engineering Insurance, Group Personal Accident (GPA), Group Life Insurance Inventory Services Risk Management, etc.
9. Union Commercial Insurance Brokers Limited
Union Commercial Insurance Brokers Limited was Incorporated as a Private Limited Company under the name Rock Insurance Brokers Unlimited.
Also, they re-registered with the National Insurance Commission as an insurance broker to transact all classes of business, that are:
- Special Risks
- General Insurance Business
- Life Assurance Business
Ultimately, they are registered with the Nigerian Council of Registered Insurance Brokers.
10. Nigerian Life and Provident Company Limited
Nigerian Life and Provident Company Limited (Formerly known as Nigerian Life and Pensions Consultants Limited) is a mainly Nigerian-owned and responsible Corporate Organization that pioneered Pensions management and Consultancy in Nigeria.
The company offers the following:
- Almond fund
- Funds Management Services
- Target Savings Plan
- Personal Provident Plan
- Employees Savings
- Insurance
- Customized Staff/Team Training
READ MORE: 10 Top Insurance Brokers In Nigeria (2023)
Conclusion
The above list is the top 10 insurance brokers in Nigeria, in which you can select anyone that suits your taste. However, make sure that any insurance brokerage firm you are choosing is registered with the Council of Registered Insurance Brokers (NCRIB), and licensed by the National Insurance Commission (NAICOM) in Nigeria.
