Ours is a journey of Togetherness and Success
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Revenue of N146 billion as at 2025
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176 Billion Naira Total Assets
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Market capitalisation N54.93BN
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We have paid over N136 Billion
Our Vision
NEM Insurance PLC aspires to be the benchmark for sound Insurance practice in Nigeria — a company that earns trust through consistency, integrity, and a genuine commitment to the financial security of every policyholder.
Our Mission
We exist to protect what matters most — your assets, your family, and your future. Through prompt claims settlement, innovative products, and a customer-first culture, we add tangible value to every stakeholder in the communities we serve.
Ours is a journey ofTogetherness and Success
At NEM Insurance PLC, our philosophy is centered on our Stakeholders vision of making NEM Insurance a model of sound Insurance Practice for the Nation's Insurance Industry and to participate actively in the economic development of the Country.
Humility
We approach every interaction with genuine respect and openness to learn from others.
Integrity
Our actions consistently align with our values and commitments to our clients.
Courage
We approach every interaction with genuine respect and openness to learn from others.
Empathy
We approach every interaction with genuine respect and openness to learn from others.
Humility
We approach every interaction with genuine respect and openness to learn from others.
Integrity
Our actions consistently align with our values and commitments to our clients.
Courage
We approach every interaction with genuine respect and openness to learn from others.
Empathy
We approach every interaction with genuine respect and openness to learn from others.
Here is how we got started
1948
The Beginning
NEMInsurance'sstorystartsthroughtheagencyofEdwardTurner&Co,thearrangementthroughwhichthecompanyfirstbeganwritinginsurancebusinessinNigeria.Itwasamodestentrypointforwhatwouldgoontobecomeoneofthecountry'smostestablishedinsurancenames.
Nearlyeightdecadeson,thatfirstpolicywrittenunderEdwardTurner&Coremainsthefoundationtheentirecompanyisbuilton.
Ours is a journey of
Togetherness and Success
2011 & 2012
WinneroftheSectoralLeadershipAwardforFinancialServices(Insurance)andtheHighestEarningYieldAward–PearlAwardNigeria.
2016
TopperformerontheNigerianStockExchangeatthe25CEOsAward2016byBusinessDayNewspaper.
2019
NEMranked1stamongthetoptencompaniesonNSEthatdeliveredover200%stockreturnsin5years.
2020
NEMInsurancewasnominatedamongthetop6insurancecompaniesinAfrica.ItwastheonlygeneralinsurancecompanyfromNigeriarecognizedforthiscontinentalachievement.
2021
NigeriaInvestor&BusinessDayAwardfortheMostProfitableInsuranceCompanyin2020.
2022
MostValuableInsuranceCompanyinWestAfrica(includingtheBestCustomerCareAward).ChampionInsuranceCompanyoftheYearAward2022.
2023
BusinessDayTop25CEOAwardwasgiventoourGMD/CEOin2023. WinneroftheAlmond2023CEOoftheYearAward.
2024
AppreciationAward-PresentedtoMr.TopeSmartbytheYoungInsuranceProfessionalsofAIOduringthe50thAIOConferenceinNamibia.
SilverSponsorAward,WindhoekNamibia.
BusinessDayTop25CEOsAward.
HonorsAwardBusinessTodayAnnualConference.
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