List of Top 5 Best Insurance Companies In Nigeria 2018-2019

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Did you know that there are more than enough insurance companies in Nigeria? Yes, that makes it hard to know which ones are the best for you.

In this article, I’m going to share with you the top list of the top best insurance companies

We all believe that life is good, yes life is good but sometimes it takes its face against each and every one of us isn’t it?

What will you do? Learning how to deal with it is the trick.

What Is Insurance In Nigeria


If you’re asked what is Insurance in Nigeria, Insurance is a way of reducing your potential financial loss or hardship.

It can help cover the cost of unexpected events such as theft, illness or property and it can even provide families with a financial payment upon someone death.

See Top Five Insurance companies in Nigeria


1. AIICO Insurance Plc

AIICO known as the American International Insurance Company is an Agency Office of American Life insurance company that commenced operation in 1963.

2. AXA Mansard Insurance plc

Guaranty Trust Assurance Plc is also rated as one of my best insurance companies in Nigeria.

Their foundation is based on trust. Some of the products they offer include Auto insurance which includes; Autoflex plan, Auto Go, Auto Classsic and others.

3. Leadway Assurance Company Limited

In 1970, an insurance company which also provides integrated insurance and financial services to customers was founded by sir (Dr) Hassan Olusola Odukale.

4. Mutual Benefits Assurance Plc

Another insurance company that started operation on 18th April 1995 is Mutual Benefits Assurance Plc.

Mutual benefits life assurance products includes pure lifew insurance, investment linked schemes like children education plans and pure investment.

5. Cornerstone Insurance PLC

cornerstone insurance plc was incorporated on 26th July 1991 with registration number RC163170.

The company is licensed and re-certified by the National Insurance Commission (NAICOM) to offer both general and life insurance.

In Conclusion, These are the the top five highest ranking Nigeria insurance companies, but there is still more 


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