List of the Best Top 10 Insurance Companies in Nigeria 2017

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Insurance companies in Nigeria are already making waves. In times past, very few Nigerians understand the benefits of insurance.

However, things are changing fast, and Nigerians are getting to understand what they stand to benefit by patronizing insurance companies.

In this write-up, you will learn about the best ten insurance companies operating in Nigeria.

Top 10 Insurance Companies in Nigeria

 Insurance Companies in Nigeria

Aiico Insurance Plc

The full meaning is American International Insurance Company. They are the best among the insurance companies in Nigeria.

This company provides comprehensive insurance services, and they are the largest insurance corporation operating in the country today.

They offer Life insurance services among others. They have their headquarters in Lagos, Nigeria.

NAICOM Insurance

It is the second best among the insurance companies in Nigeria.  They seem to have an outstanding understanding of modern insurance operations, which is one of the factors that make them the leader among other insurance companies operating in the country today.  They have been operating since 1988 and have several branches spread across the country

FAIR

This company has contributed significantly to the development of insurance operations in Nigeria.

The full meaning of their name is Federation of Afro-Asian Insurers and Reinsurers.  They had been in operation since 1964 and had up to 188 insurance and reinsurance organizations.

Custodian Insurance PLC

They are also among the best insurance companies in Nigeria.  They have been in the insurance sector for a very long time and have branches spread across the country.

Their unique services win them the 4th position among the best insurance companies operating in Nigeria.

Lasaco Assurance PLC

It is one of the biggest players in the Nigerian insurance sector. They have been operating in the insurance sector for more than 20 years now and have made a big name for themselves as one of the best insurance companies in Nigeria.

Experience and consistent quality of customer service delivery have won them lots of clients in Nigeria.

Linkage Assurance PLC

The services offered by this company win them the 6th spot among the best insurance companies operating in Nigeria. They have an official share capital higher than N4 billion.

The insurance company was licensed by NAICOM.   They are undoubtedly one of the best insurance companies in Nigeria.

Oasis Insurance Plc

This company has a capital base of N3 billion. This goes a long way to show that they have what it takes to provide their clients with top class insurance services.

The series of exquisite insurance packages they offer has won them the 7th slot among the best insurance companies in Nigeria.

UNIC Insurance

If you are looking for financial reserves security, then this is the perfect insurance company to patronize in the country.

Dealing with this company will give you the opportunity to receive Underwriting Expertise.

Acen Insurance Company

They occupy the 9th place among the best insurance companies in Nigeria. The company is a composite insurer; that is, they issue both life and non-life insurance policies.

Their track record is good, and they stand tall in the insurance sector

Adic Insurance

If you are looking for insurance companies that deal in Life, Home and Car insurance, this is one of the best insurance companies in Nigeria to consider.  They have proved themselves to be trustworthy over the years.

In Conclusion…

Insurance companies in Nigeria are already making waves. In times past, very few Nigerians understand the benefits of insurance.

However, things are changing fast, and Nigerians are getting to understand what they stand to benefit by patronizing insurance companies.

In this write-up, you have learnt about the best ten insurance companies operating in Nigeria. Hope you find the article worth reading!

 

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