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Top 10 Insurance Brokers in Nigeria




insurance brokers in Nigeria

An insurance broker is a person or an enterprise registered to act as a middle man between insurance buyers and insurers. The Nigerian Council of Registered Insurance Brokers (NCRIB) included 338 registered insurance brokers, as of August 2019.

However, enrollment with the NCRIB is a must-have to be licensed by the National Insurance Commission (NAICOM)

In Nigeria, insurance brokers are governed by the NCRIB and regulated by the NAICOM. Any individual acting as an insurance broker busy be licensed by the NAICOM. Ensure that any insurance broker you choose to employ is registered with the NCRIB.

insurance brokers in Nigeria

An Insurance house in Nigeria filled with Insurance brokers

Top 10 Insurance Brokers in Nigeria

1. Glanvills Enthoven

Glanvill Enthoven and Co. Nigeria Limited started up as a licensed incorporated insurance and reassurance brokers company. They are registered with the NCRIB and obtained a license for NAICOM.

They are part of the Odua’s group of companies. They are in coalition with Lockton Companies LLC, USA from a prevailing technical and business service arrangement

Their core services include:

  1. Annuity insurance.
  2. Bonds
  3. Claims consulting and lots more.
  4. Motor insurance

2. Northlink Insurance Brokers

North link Insurance Brokers Plc was founded in 1989 with a share capital of N100, 000,000. It’s surly live by the NAICOM to render insurance brokerage services

They go the extra mile in their services to provide significance to clients, with their services ranging from; filing, presentation, and prosecution of claims to providing analysis and reports at no extra cost to the client.

Their core services include;

  1. Workmen compensation
  2. Individual and group life policies
  3. Fire and special perils
  4. Fidelity guarantee
  5. Money insurance

3. Colenson Insurance Brokers

Colenson Insurance Brokers was established in the year1983. They are one of the longest serving Insurance Brokers, and they have continued to provide insurance services with an admirable level of knowledge and experience.

They are mainly into Oil & gas insurance, Liability Life assurance and Home insurance.

Their core services include:

  1. Oil and gas insurance.
  2. Home insurance
  3. Life insurance
  4. Liability insurance

4. Carrier Insurance Brokers

Carrier Insurance Brokers was enrolled in 1994 and was approved by the NAICOM to procure all forms of insurance services. They offer one of a kind skilled services to both public organizations and the private sector.

They are mainly into:

  1. Professional Indemnity Insurance
  2. Group Life Insurance
  3. Fidelity Guarantee Insurance
  4. Public Liability Insurance

5. Hilltop Insurance Brokers

The Hilltop Insurance Brokers Limited was launched in 2003 as an LLC. They provide insurance brokering services, as well as Risk Management and consultancy services in Marin, oil and gas, motor, life, and general insurance business.

Their main areas of operation are:

  1. Fidelity Guarantee
  2. Life and general insurance services
  3. Workmen insurance
  4. Marine, oil and gas insurance services
  5. Money insurance

6. Hogg Robinson Nigeria

Hogg Robinson Nigeria was enrolled as an issuance broker in 1974 by the Corporate Affairs Commission. They give all kinds of insurance services. They have international confederates from which they continue to gain proficiency and mastery to offer the best of their trade.

Their services include the following areas:

  1. multinational risk management
  2. Oil and gas, marine, and Aviation Insurance
  3. Engineering Insurance
  4. Industrial and commercial reinsurance

7. Union Commercial Insurance Brokers

Before now, Union Commercial Insurance Brokers Limited was called Rock Insurance Brokers Unlimited and operated at the time as a Private Limited Liability Company. Subsequently, the company was re-registered as an insurance company to carry out all forms of insurance, under the National Insurance Commission.

Their core services include:

  1. Health insurance.
  2. Insurance for small and medium enterprise(SMEs)
  3. Life insurance.
  4. Motor insurance
  5. Travel insurance.

8. Insurance Brokers of Nigeria (IBN)

IBN was established in 1955 then known as C.T Bowring and company (Incorporated Insurance Brokers). They are the first insurance broking and risk advisory firm in Nigeria. They offer creative risk and insurance management solutions.

  1. Insurance brokerage
  2. Aviation, marine, hull and cargo insurance.
  3. Wholesale reinsurance
  4. Industrial risk protection
  5. Energy and power

9. Nigerian Life and Provident Company Limited

It is more than five decades now since the Nigerian Life and Provident Company Limited started operations in Nigeria. The core focus of the company is management of stipend and the provision of consultancy services as regards stipends management and allied insurance issues in Nigeria. They are now one of the largest financial service providers with top innovations in insurance brokerage, employee fund management, training, and lots more.

Their core services include;

  1. General insurance
  2. Group life insurance
  3. Individual life insurance
  4. Risk Analyst Insurance Brokers

10. The Hilltop Insurance Brokers Limited

The Hilltop Insurance Brokers Limited was launched in 2003 as an LLC. They provide insurance brokering services as well as Risk Management and consultancy services in Marine and oil and gas. They also provide consultancy services in general insurance business as well as motor, and, life insurance.

Their core services include;

  1. Fidelity Guarantee
  2. Life and general insurance services
  3. Marine, oil and gas insurance services
  4. Money insurance
  5. Workmen insurance


Before you choose an Insurance Broker, ensure that they are registered under the NCRIB and licensed by the NAICOM. You have the right to request for their certificates as evidence.



Ekemini Ekpo is a professional Blogger, Research Analyst, Internet Marketer, and Tutor. He is passionate about Business, Investment, Entrepreneurship, Finance, and Personal development.

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Top 20 Insurance Companies In Nigeria




Insurance Companies In Nigeria

The famous saying teaches that if you fail to plan, then you plan to fail. But, even a properly thought out plan sometimes faces challenges by unplanned circumstances that could cause you to lose all your lifelong investments.

Whether you say, “God forbid, Is not my portion” or, “Lai-lai, e no fit happen to me” that doesn’t change the reality which is that terrible things still occur even though we don’t intend them to happen.

For this purpose, future-forward entrepreneurs register insurance companies to safeguard their properties against accidental losses or destruction.

Insurance Companies In Nigeria

Insurance Companies In Nigeria

Insurance is simply protecting yourself, your businesses and your properties form loss. Thankfully, there are several insurance companies that can help you do that. See some of them below.

  1. Royal Exchange Plc

Royal Exchange Plc began operations in Nigeria in 1918, being represented by Barclays Bank DCO. However, in 1921, Royal Exchange converted to a branch of its parent company, Royal Exchange Assurance, London.

Their services include Royal fire protection, Royal money guard, Royal burglary protection, Royal Transit Plan, and much more.

Address: New Africa House, 31 Marina, Lagos.


Tel: +234-1-4606690-9

  1. Anchor Insurance Plc

Established in November 1989. They provide non-life insurance services. Presently, they have 19 branch offices across the country.

Registered Office: 7/13, Aka Road, Uyo, Akwa Ibom State


Tel: 08067107569

  1. Standard Alliance Insurance Company Limited

Company Limited, in 1981. They were certified by the NAICOM to provide both general and special risk insurance services. They also provide aviation, bonds, goods in transit as well as machinery breakdown insurance services.

Address: Plot 1, block 94, Providence Street, Lekki Scheme 1, Lekki-Epe Expressway, Lagos.

Tel: 09055694301, 0700-6678-72623


  1. AIICO Insurance Plc

AIICO Insurance Plc was founded in the year 1963 as a stipend and property management group. In addition to its services, the company also concentrates on general and special risks, life assurance, annuity, and health insurance. AIICO is a well-recognized insurance company and is currently the second largest in Nigeria.

Phone no: 0700 2442 6682 28


Address: Plot PC 12, Churchgate Street, Victoria Island, Lagos.

  1. Custodian And Allied Insurance Limited

Custodian and Allied Insurance Limited is a brand under the Custodian Investment Plc. They offer general and life insurance services.

Address: 16A, Commercial Avenue, Sabo, Yaba, Lagos.

Contact: (+234) 12774000-9


  1. Leadway Assurance Company Limited

Leadway Assurance Company Limited is one of the promising insurance companies in Nigeria presently. They are recognized for providing immediate claims settlement and inventive services to their customers. They provide services for personal, SME, and corporate businesses

Tel: 01-2700 700

Address: 121/123 Funso Williams Avenue, Iponri, Surulere, Lagos


  1. Industrial And General Insurance (lGI) Plc

IGI was founded in January 1992 as a hybrid insurer providing life and general insurance services, as well as pensions and special risks. IGI emerged as the first private insurance company to post N1 billion premium income, in Nigeria, after four years of operation. They utilize the latest technology in their operations. You could get quotations and also make payments directly from their websites.

Address: 2, Agoro Odiyan Street, Off Adeola Odeku, Victoria Island, Lagos.


Phone: (01) 2918853, (01) 2918827, (01) 2918854.

  1. Great Nigeria Insurance Plc

Sterling Assurance Plc was established in 1990 and they provide all kinds of general coverage. They offer fire and special perils, money, burglary and house, motor, insurance services and much more. Their services are supported by highly rated reinsurance organizations such as; General Insurance  Corporation of India (GIC), Africa Re, Continental Re, and so on.

Address: 284, Ikorodu Road, Anthony, Lagos, Nigeria

Tel: 08150643531-2, 08178000222, 08178000333, 08178000444


  1. Guinea Insurance Plc

Guinea Insurance Plc was launched in 3rd December, 1958. Thy offer general accident, engineering and special risk services and are very sought after in Nigeria.

Address: 33, Ikorodu Road, Jibowu, Lagos.

Tel: 01-4622050-2, 018446470, 07098212408


  1. Consolidated Hallmark

This is one of the top ten general business and special risk companies in Nigeria . It’s the second company to review a Quality Management System Certificate (ISO 9001:2015). This company thrives on a reputation of integrity and excellence. They provide exceptional management solutions to their customers.

Address: 266, Ikorodu Road, Obanikoro, Lagos


Contact: 0700-2446-7887-2623, +234 1 2912 532, +234  1 2912543.

  1. Gold Link Plc

Lasaco Assurance Plc was established on 20th December, 1979 and was licensed on 7th July, 1980. They provide both life and non-life insurance services.

Address: Plot 16, Acme Road, Ogba, Ikeja, Lagos, Nigeria. P.O. Box 3724


Tel: 07000527226

  1. FBN Insurance Ltd

FBN Insurance Ltd is co-owned byFBN Holdings Plc and Sanlam Grouo. They offer both individual and corporate coverage services.

Head Office: 298, Ikorodu Road, Anthony b/stop, Lagos, Nigeria.

Tel: +234 1 9054810


  1. Wapic Insurance Plc

Wapic Insurance Plc. provides several insurance services including fire and special peril insurance service. They also provide general and life insurance policies for both individuals and corporate clients at competitive rates.

Address: 119 Awolowo Road, Ikoyi, Lagos, Nigeria.

Tel: 012774500, 0700342592742


  1. Law Union And Rock

Law Union and Rock take pride in their experienced underwriters and automated processes. They are distinguished from other companies by their allies with reinsurers who give them the assurance they need to underwrite risks.

Address: Law Union House, 14, Hughes Avenue, Yaba, 1000001, Lagos, Nigeria

Tel:  09036000066


  1. Niger Insurance Plc

Niger insurance PLC is a Nigerian insurance company involved in various forms of insurance services. The company provides life as well as non-life insurance coverage to its customers. The products they offer are also flexible to meet the diverse demands of their customers.

Address: 48/50, Odunlami Street, Lagos Island.

Tel: 08133244981, 08136053520


  1. NEM Insurance

NEM Insurance Plc was launched in the year 1948 through the Edward Turner & Co agency. They provide services to  corporate, personal, and SME bodies.

Address: 199, Ikorodu Road, Obanikoro, Lagos. P.O Box 654, Lagos

Tel: +234 14489560-7


  1. Mutual Benefits Assurance Plc

Mutual Benefits Assurance Plc was founded on 18th April, 1995 as a Private Limited Liability company but began their processes on 2nd October 1995. They provide life and general insurance services.

Address: Aret Adams House, 233, Ikorodu Road, Ilupeju-Lagos. P.O. Box 70986, Victoria Island, Lagos.

Tel: 09054644444, 09054744444


  1. Staco Insurance Plc

Staco Insurance Plc was founded on 10th October 1991 but was certified on 1st October 1994. They offer general and special risk insurance services. They are known for their integrity and hard work

Address: 209, Herbert Macaulay Way, Yaba, Lagos.

Tel: +234 806 410 3680, +234 816 0654035


  1. Nicon Insurance

NICON Insurance was originally a owned by the Federal Government of Nigeria. It’s main aim was to aid the development of insurance companies in Nigeria as well as protect the assets of the Federal Government. In December, 2005, NICON was privatized and they currently have 6 regional offices and 40 branches across the nation.

Address: Ground Floor, NICON Plaza, plot 242, Muhammadu Buhari way, central district, Abuja

Tel: 09087260168, 08055084597


  1. Lasaco Assurance Plc

Lasaco Assurance Plc was established on 20th December, 1979 and was licensed on 7th July, 1980. They provide both life and non-life insurance services.

Address: Plot 16, Acme Road, Ogba, Ikeja, Lagos, Nigeria. P.O. Box 3724

Tel: 07000527226




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How To Avoid Embarrassment Because You’re Broke By Saving Money

Gudtalent Chrisent



how sumotrust can save you of money embarrassment

How SumoTrust Can Save You From The Embarrassment of Being Broke

During the lockdown, a lot of Nigerians ran into financial distress and the majority of the people went into debts.

In fact, some people searched around for who to borrow money from but couldn’t get and ended up with a ‘SEE FINISH SITUATIONS’.

Here is the thing, while people complained bitterly about no money and all, a lot of other people that had good savings in the bank or savings platforms like SumoTrust; fell on their savings for backup and emergency funds and were never put to shame of any sort that has to do with money.

Debt is bad and you try to avoid it at all cost unless it’s business.

This is why you should give a second thought about your savings culture especially if you can’t boast of N100k in your savings account right now.

Let me let introduce you to SumoTrust.

Sumotrust savings and investment platform in nigeria

SumoTrust is a secure savings and investment platform helping Africans build wealth through micro-savings and investment.

You earn as much as 10-15% interest for every penny you save with SumoTrust and you can automatically save as little as N100 daily. See it as your digital Akawo or Ajo that people go round every day collecting their daily contributions from customers in the market areas.

It is very secure and you can make transfers as we all money requests.

The platform is very flexible, easy to use, and highly secure with thousands of people already using that platform to reach their financial goals. This is something you should pause a moment and give a thought or make a research about it.

Related: Top Online Savings Platform In Nigeria

You can check out the reviews of SumoTrust on Google Playstore or Apple store here and see what other people that have been using the platform are saying.

There is no honor in being broke the least person you expect to embarrass you will do at the slights opportunity, not because they hate you but something that just happens when you’re broke.

There are tons of time we come across money and other times, run into emergency situations that make us spend money.

The difference in how you respond to both situations is how you manage to save up enough money in times of plenty against times of emergency.

This is one of the reasons why SumoTrust is here for you and you should take it seriously.

All the best.



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How To Get Health Insurance In Nigeria

Entorm Editor



get health insurance in Nigeria.




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