Depending on your needs, you should seek the coverage the company covers, its promptness and the special features that stand them out. Great Nigeria House. This list will cover ten reputable insurance companies, In choosing an insurance company, a lot of factors should come to play in mind. In Nigeria, there are quite a number of insurance companies which makes it even harder to determine the best. The Company is licensed and re-certified by the National Insurance Commission (NAICOM) to do both General and Life businesses insurance. Flood, Erosion, Hurricane: How can Insurance Help? 15 best health insurance companies in Nigeria and their locations. Prestige Insurance Ltd was founded in 1988. Health emergencies are bound to happen and to help lessen the adverse effect we need to have access to to a quality health insurance. The Company focuses on understanding each individual client’s peculiar needs to assess the risks which the client is exposed to, in order to proffer tailor made insurance solutions. Since then, the company has been doing wonderfully well as a reputable insurance company in the country. Some may say good other have their negatives but none is perfect. Mrs. Cecilia Olapeju Osipitan. But despite having a huge … The company provides varies of plans. 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. There are many insurance companies in Nigeria; each one of them with their different packages and policies which they use to attract customers to buy their policies. Top 10 Best Insurance Companies In Nigeria And Their Services. Despite the enticing ads, you should understand that the prices given would determine the coverage you end up getting. Top Ten Insurance Companies in Nigeria and their Policies. A health insurance will help cover your medical expenses in cases of emergencies. Goldlink Insurance Plc was incorporated on 15th April, 1992 as a Private Limited Liability Company and granted licence to operate as a full-fledged insurance company on 8th September, 1993. Comments are closed. This is one highly reputable company which is renowned for its efficient service delivery and prompt payment in cases of damages. The company is noted for keeping the promises it makes to customers while selling their policies. 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. Great Nigeria Insurance Plc. A health insurance company accounts for the health risk of clients insured under it. The above insurance companies are a class apart! 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. 8, Omo-osagis Street Off Awolowo Road Ikoyi SWI, Lagos. Founded in 1970, LEADWAY 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 company is properly registered in Nigeria. Facebook Twitter Google+ LinkedIn StumbleUpon Tumblr Pinterest Reddit VKontakte Odnoklassniki Pocket. This reason isn’t hinged on the fact that there are many insurance companies in Nigeria. 1. The company’s policy for your children education is perhaps the best on offer. Highly Computerized operation that enhances efficiency. But it is very clear that you are among the little population of them Nigerians that care about insurance, owing to the fact that you are reading this article. The company has gradually rose to become one of the largest Life Insurer in Nigeria. If an insurance company can not account for certain risks that are important, it is a red flag. Leadway Assurance Company Limited; Leadway Assurance is a leading insurance company in Nigeria with a strong reputation. Best Insurance Company Near Igbo. LEADWAY also offers allied financial services like Bond, Secured Credit, Miscellaneous financial losses and Fund / Portfolio management. The insurance package provides coverage for travelers up to age 85 and also covers travel during holidays and business trips. AIICO with the largest balance sheet size, falls short in terms of net assets. Their subsidiaries included general insurance, prudential life, finance and asset management, health care, and micro-finance. They began operation under the name Yorkshire Insurance Company. 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. Currently, AIICO is the 2nd largest insurance company in Nigeria. MTN Nigeria is responsible for one-third of the company’s revenue. It appeared and started providing its services in 1958. NIGER INSURANCE PLC They have been in operation since 1962. FBNInsurance. Head Office Address: 121/123 Funso Williams Avenue, Iponri, Lagos … Using criteria three to determine the best insurance company in Nigeria. The company has properly been registered in Nigeria and boasts of good customer testimonials. LEAD WAY Assurance company.. 17. This company was the first to register with the Nigerian Health Insurance Scheme (NHIS) and this was in 2005. Ranks high on the list of best insurance companies in the country. The company offers coverage on medical, financial as well as other losses acquired while traveling outside of Nigeria. This insurance company has carved a niche for themselves in the few years they’ve operated in the country. Royal Exchange General Insurance Company Limited. The company has plenty of branches in Nigeria which are all networked in a computerized manner. Consolidated Hallmark Insurance Plc. They are simply the best with excellent packages you wouldn't even imagin! Companies put in check by the abiding government will most likely abide by the rules and regulations binding insurance companies. 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. 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. Seek for reviews on the internet and word of mouth before settling to work with an insurance company. Cornerstone is a dynamic insurance company, who offers services that are in line with modern realities. 6 to 10 Best Motor Insurance company in Nigeria with good policy 6. The few people that agreed to comment on African Alliance Insurance Company Ltd. Had good things to say about the company. Continental insurance started business as an insurance company to make this list should better out! 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