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NEM INSURANCE PLC started insurance business in Nigeria in 1948 through the agency of Edward Turner & Co.

It became a Nigerian branch of NEM General Insurance Association Limited of London in 1965 and incorporated in 1970 as a Nigerian company in compliance with the Companies Decree of 1968..

About Us

Ours is a journey of Togetherness and Success

With a history spanning several decades, our incredible journey has been a story inspired by our commitment and dedication to our values as an organization. Over the years, we have established ourselves as one of the leading insurance providers in Nigeria through constant innovation and dynamic leadership.

More About Us
Ours is a journey of Togetherness and Success

Our Leadership Team

Together to Succeed

Board Of Directors

With a board that's diverse and rich in experience, NEM Insurance is able to ensure excellent service delivery to customers and stakeholders.

Meet our board of Directors

Board Of Directors

With a board that's diverse and rich in experience, NEM Insurance is able to ensure excellent service delivery to customers and stakeholders.

Meet our Management Team

Awards & Recognitions

2024

Appreciation Award - Presented to Mr. Tope Smart by the Young Insurance Professionals of AIO during the 50th AIO Conference in Namibia.

01

2024

Silver Sponsor Award - Received by NEM Insurance Plc at the African Insurance Organization (AIO) Conference 2024, Windhoek, Namibia.

02

2024

Business Day Award - Top 25 CEOs 2024 Award presented by the BusinessDay Newspaper.

03

2024

Honors Award - Presented to Mr. Tope Smart during the 8th BusinessToday Annual Conference, where he served as the Chairman of the Occasion.

04

2023

BusinessDay Top 25 CEO Award was given to our GMD/CEO in 2023.

05

2023

Winner of the Almond 2023 CEO of the Year Award.

06

2022

Most Valuable Insurance Company in West Africa (including the Best Customer Care Award). Champion Insurance Company of the Year Award 2022.

07

2021

Nigeria Investor & BusinessDay Award for the Most Profitable Insurance Company in 2020.

08

2020

NEM Insurance was nominated among the top 6 insurance companies in Africa. It was the only general insurance company from Nigeria recognized for this continental achievement.

09

2019

NEM ranked 1st among the top ten companies on NSE that delivered over 200% stock returns in 5 years.

10

2016

Top performer on the Nigerian Stock Exchange at the 25 CEOs Award 2016 by BusinessDay Newspaper.

11

2012

Winner of the 2012 Sectoral Leadership Award for Financial Services (Insurance) and the Highest Earning Yield Award – Pearl Award Nigeria.

12

2011

Winner of the Sectoral Leadership Award for Financial Services (Insurance) and the Highest Earning Yield Award – Pearl Award Nigeria.

13

2022

Most Valuable Insurance Company in West Africa cum Best Customer Care Award. Champion Insurance Company of the year award 2022

14

2021

NEM Insurance was nominated among top 6 insurance companies in Africa. The only general insurance company that made it from Nigeria for the continental recognition in 2020.

15

Numbers We Are Proud Of

33

Gross Premium Income of N33.36 billion as at 2022.

45

45 Billion Naira Total Assets

62.65

Among top 10 companies on NSE in 2018 with 62.65% gain (which amounts to N5,491,723,029.52)

50

We have paid over N50Billion claims in 8 years (between 2015- 2022)
L o a d i n g