There are over a thousand existing insurance companies in Nigeria which makes it harder to rate the best. When it comes to picking the right insurance company to secure a policy from, certain things are to be considered, such as reliability, integrity, and quick response. Before you consider purchasing insurance from any insurance company you should make sure the insurance company is well-known to the public, they have a track record of integrity and they also have a good testimonial from people who insured with them. The insurance companies listed in this article, over time have been considered among the best in the country, however, further investigations about them should be carried out before signing a deal.

1. Acen Insurance Company

This is a composite insurer: issuing life and non-life policies.

2. Adic Insurance

This company offers personal, car, home and life insurance in Nigeria.

3. African Alliance Insurance Company Ltd.

African Alliance Insurance Company Ltd. has been known in Nigeria over the years for its good reputation.




4. Aiico Insurance Plc

Aiico has become the largest Life Insurer in Nigeria and a major player in General Insurance business. The company’s success has been the result of its ability to evaluate its potentials, set realistic goals and take necessary actions to achieve them. Strategies may change, objectives and organizational structures of the company can be reviewed from time to time, the end result is to ensure optimum performance.

5. A&G Insurance

A&G Insurance is set to combine 20 years experience and safety of an underwriting company with the efficiency and innovation of the next generation risks and financial solutions provider.

6. Consolidated Hallmark Insurance

Consolidated Hallmark Insurance Plc is a high-profile, technology-driven and customer oriented company conceived by its stakeholders to be among the first five risk underwriters in Nigeria within a very short period of time.




7. Continental Reinsurance

Continental was registered in 1985 as a professional reinsurance company under the Companies Act 1968 and obtained license to transact Non-Life Reinsurance business on December 10, 1986. It commenced business in January 1987. Life Reassurance business was commenced in January 1990, the requisite license having been obtained in September 1989. In 1999, Continental Reinsurance was converted to a Public Limited Company (PLC).

8. Cornerstone Insurance PLC

Cornerstone is a dynamic insurance company, offering services in line with modern realities. The Company was at inception registered to undertake some classes of insurance business.

9. Crusader Insurance Plc

Crusader insurance (Nigeria) Plc is a highly reputable company renowned for its efficient service delivery and prompt claims settlement. It has a national network of branches and full computerization and a crop of experienced and highly competent professional staff back up its operations.

10. Custodian Insurance Plc

Rated among the top 10 in Nigeria, Custodian Insurance company stands out among the competition.








There are over a thousand existing insurance companies in Nigeria which makes it harder to rate the best. When it comes to picking the right insurance company to secure a policy from, certain things are to be considered, such as reliability, integrity, and quick response. Before you consider purchasing insurance from any insurance company you should make sure the insurance company is well-known to the public, they have a track record of integrity and they also have a good testimonial from people who insured with them. The insurance companies listed in this article, over time have been considered among the best in the country, however, further investigations about them should be carried out before signing a deal.

1. Acen Insurance Company

This is a composite insurer: issuing life and non-life policies.

2. Adic Insurance

This company offers personal, car, home and life insurance in Nigeria.

3. African Alliance Insurance Company Ltd.

African Alliance Insurance Company Ltd. has been known in Nigeria over the years for its good reputation.




4. Aiico Insurance Plc

Aiico has become the largest Life Insurer in Nigeria and a major player in General Insurance business. The company’s success has been the result of its ability to evaluate its potentials, set realistic goals and take necessary actions to achieve them. Strategies may change, objectives and organizational structures of the company can be reviewed from time to time, the end result is to ensure optimum performance.

5. A&G Insurance

A&G Insurance is set to combine 20 years experience and safety of an underwriting company with the efficiency and innovation of the next generation risks and financial solutions provider.

6. Consolidated Hallmark Insurance

Consolidated Hallmark Insurance Plc is a high-profile, technology-driven and customer oriented company conceived by its stakeholders to be among the first five risk underwriters in Nigeria within a very short period of time.




7. Continental Reinsurance

Continental was registered in 1985 as a professional reinsurance company under the Companies Act 1968 and obtained license to transact Non-Life Reinsurance business on December 10, 1986. It commenced business in January 1987. Life Reassurance business was commenced in January 1990, the requisite license having been obtained in September 1989. In 1999, Continental Reinsurance was converted to a Public Limited Company (PLC).

8. Cornerstone Insurance PLC

Cornerstone is a dynamic insurance company, offering services in line with modern realities. The Company was at inception registered to undertake some classes of insurance business.

9. Crusader Insurance Plc

Crusader insurance (Nigeria) Plc is a highly reputable company renowned for its efficient service delivery and prompt claims settlement. It has a national network of branches and full computerization and a crop of experienced and highly competent professional staff back up its operations.

10. Custodian Insurance Plc

Rated among the top 10 in Nigeria, Custodian Insurance company stands out among the competition.