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10 Top Insurance Companies in Nigeria-2021 updated list

10 Top Insurance Companies in Nigeria-2021 updated list

Insurance has been one of the most important services to humanity as it help to cover oneself, business and family against unanticipated events.

In as important as we do not similar events to occurs, the facts still remains that we can not avoid them, which why they’re often been appertained to Accident or unexpected.

10 Top Insurance Companies in Nigeria-2021 updated list

This is where insurance comes in, whenever such unexpected events occurs, insurance always gets you covered.
Inorder to safe guard, your Family, Businesses and yourself against unanticipated threat, we’ve collected list of some Insurance Companies in Nigeria that you can actually choose from.

FG apologize for asking all account holders in the country’s financial institutions to register their details again

It’s important to note that there are several other insurance companies in Nigeria, but currently’s a list of our top 10 insurance companies in no particular order.

Table Of Content

Top Insurance Companies in Nigeria you should know – 2021

  • 1. Leadway Assurance Company
  •  2. Custodian and Allied Insurance
  •  3. AIICO InsurancePlc
  •  4. Cornerstone Insurance Plc
  •  5. AXA Mansard Insurance
  •  6. African Alliance Insurance Plc.
  •  7. Lasaco Assurance Plc.
  •  8. Anchor Insurance
  •  9. Goldlink Insurance
  •  10. Continental Reinsurance
  •  Conclusion

1. Leadway Assurance Company

Leadway Assurance Company was founded in the year 1970, and have been veritably active till update in the insurance Business.
They’re into Life Insurance, Business and Pension Insurance. They also offer Extra Financial Services which includes Credit Bond, Financial losses and portfolio operation.

2. Custodian and Allied Insurance

Custodian & Allied Insurance is a wholly owned Nigerian Company located in Lagos State. Custodian and Allied Insurance Company sole purpose is to develop, package and deliver innovative insurance products that best satisfy client requirements, whilst operating a largely profitable, efficient, resourceful and ethical organization that will survive well into the future and be a valuable asset to its shareholders Custodian and Allied Insurance is a wholly- owned insurance company with the end to cover its client’s innovative insurance products needs.

3. AIICO InsurancePlc.

AIICO Auto insurance is one of the top ordnance in the Nigerian Insurance Industry. The company was established in the year 1963, and they’ve since moved up the ranking of the insurance industry to be one of the top players.

Likewise, they concentrate substantially on General Insurance, Life assurance, special risks, Health, Asset management, and pension operation.

AIICO Auto Insurance covers all types of automobiles for both private and commercial uses.

4. Cornerstone Insurance Plc.

Cornerstone Insurance came into actuality in 1991 as a private limited liability company.
Cornerstone insurance company is devoted to put their customer needs first, Cornerstone Insurance is a leading insurance company in Nigeria that offers Motor Vehicle, Travel Insurance, Aviation, Marine, All dangers involved in Engineering.

5.AXA Mansard Insurance

AXA Mansard belongs to the AXA Group a leading Global Insurer, with employees. They’re one of the worldwide leaders in worth they serve about 107 million guests in over 60 countries.
AXA Mansard is located in Lagos State.

6. African Alliance Insurance Plc.

AAI came into actuality in the year 1960, and since then they’ve erected a character for themselves in the insurance industry. They concentrate generally on insurance products that are suited to meet your requirements. Some of their programs are investment insurance plan, Annuity assurance, Group life Assurance,etc.

10 Top Insurance Companies in Nigeria-2021 updated list

7.Lasaco Assurance Plc.

Lasaco is a financial service and compound insurance incorporated in December 1979, Lasaco is an acronym for Lagos state Assurance Company Limited. They got their license to operate as an insurer in Nigeria in the year 2980. Lasaco major in General Insurance, Life Insurance, and online payment.

8. Anchor Insurance

Anchor Insurance is one of the notable insurance enterprises in Nigeria. NAICOM registered them in the year 1989, and in November the same year, they started operation. Anchor Insurance specializes in General Business Insurance. People love anchor insurance because they see clients as the reasons they’re in patronage. This means client’s need is their priority.

9. Goldlink Insurance

They incorporated Goldlink Insurance on 15th April 1992 as a Private Limited Liability Company. notwithstanding, in the year 1993, to be precise September, they came a full-fledged insurance company. Because of Goldlink’s insurance persistent dedication, they’ve been suitable to stand high in the insurance Business. Goldlink specializes in General Business, Life, Travel, and Motor Insurance.

10 Top Insurance Companies in Nigeria-2021 updated list

10. Continental Reinsurance

Continental Insurance Began as a private insurance outfit in the year 1985. But in 1990 they turned a full-fledged insurer. They tendernon-life and life insurance. Besides this, they’ve a well-diversified business mix and customer base. It’s their thing to become one of the most honored insurers not only in Nigeria but in Africa.


There are some notable insurance companies which didn’t make the list of this 10 Top Insurance Companies in Nigeria-2021 updated list,  You might likewise want to check on them or read about them and ascertain the one that interest you. There are some outstanding Insurance companies that are neglected from the list.

You might also want to know further about them and see if they stylish meet your demand. Examples are Veritas Capital Assurance, Sunu Assurance Limited, Linkage Assurance.

Eventually, it’s important to note that insurance is a sure way to secure yourself against implicit pitfalls. Thus, you can use any of the insurance companies listed in this article to give content for yourself, your family, business, and parcels against any unexpected event.

10 Top Insurance Companies in Nigeria-2021 updated list


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