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Best Insurance companies in Nigeria you should know about

Best Insurance companies in Nigeria-The Full List

There are more than a thousand insurance companies in Nigeria at the moment, with hundreds coming out yearly. But which of them are bankable and can be trusted? Purchasing an insurance policy is just not all about paying the insurance fee. You have to make sure the company will come through when you need them the most.

Reliability, integrity and quick response will be needed at this point when the unthinkable happens. A good insurance company always keep to their words, now how do you find them? Stay with me as I list the best Insurance companies in Nigeria you should know about. These companies have a track record of integrity recommended by people who insured with them.

Best Insurance companies in Nigeria

1. Acen Insurance Company

If you are looking for a good insurance company in Nigeria, Acen Insurance is among the Best Insurance companies in Nigeria. This Insurance company is one the best. They insure almost everything, ranging from Life to Non-life insurance policies.

2. African Alliance Insurance Company

An old insurance company and trusted over the years. With years of experience this insurance is really trustworthy.

3. Adic Insurance

Another good insurance company, you can insure so many things from your personal stuff, Car, Home and even your Life.

4. A&G Insurance

With over 20 years experience in the industry, A&G has made a name for themselves.

5. Aiico Insurance Plc

In terms of life insurance policies, Aiico is the best. The company has made a name for themselves over the years, setting realistic goals and take necessary actions to achieve and fulfil their promises.

6. Continental Reinsurance

Registered in 1985, Continental offers both Life and Non-life insurance policies.

7. Consolidated Hallmark Insurance

This technology-driven insurance company is one of a kind and has a made a name for themselves within a very short period of time.

8. Crusader Insurance Plc

This reputable company is popular for their prompt settlement and fast delivery.

9. Cornerstone Insurance PLC

Cornerstone has around for a while, offering lots of insurance policies to suit your lifestyle.

10. Equity Life Insurance Co. Ltd

Known formerly as First Nigeria Insurance Company Limited and started operations in the 80s. This insurance company isn’t going away anytime soon.

11. Custodian Insurance Plc

Custodian is ones of the most popular insurance company in Nigeria, in terms of customer reviews.

12. Guaranty Trust Assurance Plc

The name of this insurance company is everything, did it ring a bell? Linked with one of Nigeria’s most popular banks, no cause for alarm.

13. Goldlink Insurance Co Ltd

One of the highly capitalized Insurance companies in Nigeria, Goldlink has an authorized Share Capital of N5.3 Billion.

14. LASACO Assurance Plc

Established in 1979, this insurance company has a reputation it doesn’t want to lose.

15. The Law Union And Rock Insurance Plc

This Insurance company has been existing for more than five decades, since 1951.

16. Leadway Assurance Company Limited

Leadway began operations in 1970, and since then the company has been coming through for their customers whenever they need them.

17. Linkage Assurance Plc

The company has a share capital of over N4 billion, and with that kind of money to their name, do you think you can have a problem bigger than that?

18. Mutual Benefit Assurance Plc

This company is popular not just in Nigeria but across Africa as well. With an insurance firm in Liberia and other neighbouring countries, there’s a reputation at stake.

19. Zenith Assurance Company

This company is a member company of the Zenith Bank Group and boasts of a share capital of over N2 billion.

20. Oasis Insurance Plc

Oasis offers both Life and Non-Life insurance policies, and with an authorized share capital of N3 billion, you have nothing to worry about.

Joseph Young
Joseph Young
Joseph Young is a Senior writer at He is a prolific writer who has an eye for everything technology. He is fondly referred to as one of Africa's most sought-after mobile phone reporters.


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