Top Insurance companies in Lagos List 2023 Updated

Insurance companies in LagosInsurance companies in Lagos

Insurance companies in Lagos

  1. Coronation Insurance Plc

Coronation Insurance plc.(NSE – Coronation Insurance; Bloomberg – Coronation Insurance:NL) is a leading West African full line insurance company offering a diverse range of products and services covering life, general and special risk businesses. We were founded in 1958 and licensed to underwrite all classes of insurance, such as fire and special perils, goods-in-transit, all risk insurance etc.

Services: Marine Insurance

Travel Insurance

Life Insurance

Motor Insurance

Address: 119 Awolowo Rd, Ikoyi, Lagos, Nigeria

Contact no.: +23412774500


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  1. Niger Insurance Plc

Niger Insurance Plc, is a Leading Insurance Company in Nigeria that transacts all classes of Insurance business and offers a wide range of innovative and customer-oriented insurance products in Life and Non life insurance to its growing clients. The public quoted Composite Insurance Company, presently operates with an asset base in excess of N21 billion and a fully paid-up share capital of N3,869,747,000

Services: Educational Endowment Assurance

Endowment Assurance

Group Life Assurance

Mortgage Protection Assurance

Niger Cash Plan

Niger Flexible Investment Assurance Plan

Niger Mutual Halal Plan

Personal Pension & Savings (FLEXI)

Personal Pension & Savings Plan

Term Assurance

Address: 311 Apapa Rd, Marina, Lagos, Nigeria

Contact no.: 08133244981


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  1. The Universal Insurance Company Limited (UNISURE)

The Universal Insurance Company Limited (UNISURE), now Universal Insurance Plc. was established by the then Eastern Nigeria Government, African Continental Bank Plc in 1961 through an association between Eastern Nigeria Development Corporation (ENDC) and Pearl Assurance Company Limited of London whereby ENDC acted as agents to the insurance company.

The Universal Insurance Company Limited also from inception has been on a partnership relationship with Swiss Reinsurance Company of Zurich, which also provided the necessary reinsurance support. Mr. K. R. Lugg an expertrate had the privilege of being the first General Manager of the Company untill 1963 when Mr. M.A.C Chukwudinma was appointed the 1st indigenous General Manager.







Address: 8 Gbagada – Oworonshoki Expy, Anthony, Lagos, Nigeria

Contact no.:  23412934645


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  1. Zenith General Insurance Company Ltd

Zenith Insurance is one of Nigeria’s leading insurance institutions. Our customers’ satisfaction and loyalty are a testament to our consistent superior performance.




Address: 13/14th floor, Civic Towers, Ozumba Mbadiwe Ave, Eti-Osa, Lagos, Nigeria

Contact no.: +23414534995


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  1. Finsurance

The company was then acquired by Finbank Plc and had its name changed to Fin Insurance Co. Ltd in 2008. In 2012, Finbank was taken-over by First City Monument Bank (FCMB) while FIN Insurance subsequently became a member of the FCMB Group. In a bid to transform the company’s operations, FIN Insurance was acquired by Cornerstone Insurance Plc (with Capital Alliance Private Equity III Limited) in 2014.

Services: Insurance of Automobile

Insurance of Property

Insurance of Pecuniary Interests

Insurance of Casualty

Insurance of Transportation

Insurance of Suretiship

Insurance of Engineering Services and Equipments

Insurance of Energy

Address: Okoi Arikpo House, 5 Idowu Taylor Street, NUC Building, 1st Floor, V/Island, Lagos, Lagos State.

Contact no.: 07032039336


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  1. Guinea Insurance Plc

Guinea Insurance has always lived up to its name; consistently one step ahead of the industry in the provision of better and affordable risk management solutions. We are a major player in the provision of first-rate financial risk solutions in the General and Special Risks business underwriting categories. We have established a reputation for exceptional competence in the delivery of customer-centric services and product innovation. With a strong capital base, highly qualified professionals, and modern technology, Guinea Insurance PLC became widely acknowledged for speed and efficiency and thus, remained the preferred insurer for individual and corporate clientele seeking premium insurance and related financial services to date.

Services: Fire and Special Perils [Assets]

Burglary/Theft Insurance [Assets]

All Risk Insurance

Workmen’s Compensation Insurance

Personal Accident/Group Personal Accident Insurance

Motor Insurance

Public Liability Insurance

Bonds Insurance

Contractors All Risk Insurance

Erection All Risk Insurance

Machinery Breakdown Insurance

Marine Cargo Insurance

Marine Hull Insurance

Address: 33 Ikorodu Rd, Fadeyi 100231, Lagos, Nigeria

Contact no.: +23412934575


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  1. Unitrust Insurance Company Limited

Unitrust Insurance Company Limited Is An Insurance Company In Nigeria Where It Presently Carries Out All Forms Of General/Non-Life Insurance Transactions Including Oil. with our all new online motor third party insurance product, you safe time and money as we provide you with the best insurance for your automobile. Buy your insurance from anywhere at anytime.

Services: Engineering Insurance

Marine Insurance

Aviation Insurance

Energy Oil And Gas

Insurance Bonds

Motor Insurance

Address: Unitrust House, Plot 105b, Ajose Adeogun St, Victoria Island, Lagos, Nigeria

Contact no.: +23412701167


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  1. Cornerstone Insurance

We are Cornerstone Insurance Plc. Incorporated on 26th July 1991 as a private limited liability company and became a Public Limited Liability, quoted on the Nigerian Stock Exchange in 1997. Our 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.

Services: Motor Vehicle



Engineering All Risks

Asset Protection

Liability to Third Party

Oil & Gas

Group Life

Credit Life

Mortgage Protection

Term Assurance

Address: 5Idowu Taylor Street, Victoria Island, Lagos, Nigeria

Contact no.: +2348033338353


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  1. AIICO Insurance Plc Victoria Island Lagos

AIICO commenced operations in Nigeria in 1963 as an Agency office of American Life Insurance Company (“ALICO”) – at the time, a subsidiary of American International Group (“AIG”). The Company was incorporated, registered and licensed in Nigeria as American Life Insurance Company Limited – as a wholly owned subsidiary of ALICO/AIG – in 1970 – to offer Life and insurance services. The Company was renamed American International Insurance Company Limited (“AIICO”) upon the acquisition of a 60% stake by the Federal Government of Nigeria, and later listed on the Nigerian Stock Exchange in 1990, after which both shareholders – the Federal Government of Nigeria and AIG divested.

Services: Annuity Plan

Auto Insurance Plan

Endowment Plan

Investment Plan

Life Plan

Personal Accident Plan

Travel Insurance Plan

Pure Risk Plan

Address: Plot PC 12, Churchgate St, Victoria Island, Lagos, Nigeria

Contact no.: +2347002442668228


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  1. Royal Exchange General Insurance Company

The Company started operations in Nigeria represented by Barclays Bank DCO in 1918. A branch of the then parent Company, Royal Exchange Assurance, London, (REA), was established in Lagos on February 28, 1921. REA was founded in 1720 and was one of the first two insurance companies to receive legal status by Royal Charter.

Services: Oil & Gas Insurance

Motor Insurance

Marine Insurance

General Accident Insurance

Engineering Insurance

Industrial All Risks Insurance


Fire and Special Perils Insurance

Agriculture Insurance

Address: New Africa House, 31 Marina Rd, Lagos Island, Lagos, Nigeria

Contact no.: +23414606690


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