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Nigeria’s 74 Fastest Growing Insurance Startups

At Stamp Nigeria we track over 100,000 Nigerian startups and over 500,000 people who hold key positions in these companies. We use this directory of startups to highlight top employees, founders and organisations we think deserve more appreciation than they are currently getting.

We’ve ranked the top 74 Insurance companies in Nigeria. The companies, startups and institutions listed in this article are all exceptional companies, well worth a follow. We have included links to their websites, socials and CrunchBase (if you’re interested in their financials).

We selected the organisations listed in this article based on:

  • Track record
  • Executive leadership
  • Market share
  • Innovation
  • ESG rating

Our Data – We source our data from OSINT (open source intelligence) and public directories such as CrunchbaseSemRush and many more. The data from these sources should be treated with a degree of caution and verified yourself.

Top Insurance Companies & Startups (Nigeria)


Mecho

FoundersAyoola Akinkunmi, Olusegun Owoade
FollowWebsite, Crunchbase, Twitter, Facebook, Linkedin

Mecho is an on-demand auto repair and maintenance platform for individuals and businesses.


Curacel

FoundersHenry Mascot, John Dada
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Modern insurance infrastructure for emerging markets


Get It Done Now

FoundersAkinbode Ademola Bamgboye, Alberto Rodriguez Fernandez
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Nigerian Fintech Platform. Loans and Cashless Service Payments


Reliance Health

FoundersFemi Kuti, Matthew Mayaki, Opeyemi Olumekun
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Reliance Health uses technology to make quality healthcare more affordable and accessible in emerging markets


Octamile

FoundersGbenro Dara
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Octamile in an Insurtech business enabling businesses to simplify access to insurance and protect Africans from financial loss.


Casava

FoundersBode Pedro
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Casava is an insurtech startup that focuses on making insurance for income earners.


Enterprise Group

FoundersUnknown
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First insurance company to be publicly listed in Ghana.


HouseAfrica

FoundersEndy .., Ndifrke Ikokpu, Nnamdi Uba
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Your Goto Platform for property transactions in Africa


Nadia

FoundersUnknown
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Nadia is a personalized automated health companion that provides quick medical attention and prescriptions


CompareInsurance.com.ng

FoundersNkemdilim Uwaje Begho
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CompareInsurance.com.ng specializes in insurance solutions for automobiles.


AXA Mansard

FoundersUnknown
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AXA Mansard is a member of the AXA Group, the worldwide leader in insurance and asset management.


AutoGenius

FoundersGbenro Dara
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Online Insurance comparison Platform for Nigeria


Leadway Assurance

FoundersHassan O. Odukale
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Leadway Assurance offers insurance services in both Life and Annuity and General business.


Avon Healthcare Limited

FoundersAdesimbo Ukiri
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Avon Healthcare Limited is an insurance company that provides extensive range of health plans to its customers.


Hygeia HMO

FoundersUnknown
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Hygeia HMO provides health insurance and medical aid services.


AjoCard

FoundersUnknown
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AjoCard offers payments, lending, savings, and health insurance services.


PaddyCover

FoundersUnknown
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PaddyCover is offer a multi-channel platform that facilitates flexible and convenient payment for insurance packages.


PEXBANK

FoundersUnknown
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Currency Exchange Management System


Jiggle

FoundersUnknown
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Jiggle is a meal budgeting platform budgeting for meals and makes gain control spending.


Ensure Insurance

FoundersUnknown
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Ensure Insurance Plc. is a Nigerian insurance company that is licensed by the National Insurance Commission of Nigeria (NAICOM).


Soso Care

FoundersUnknown
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Soso Care is a wide platform that specializes in extending its services for families and individuals seeking financial protection.


Continental Reinsurance

FoundersUnknown
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Continental Reinsurance is a Pan-African service re-insurer offering a full suite of non-life and life reinsurance products.


FIN Insurance Company

FoundersUnknown
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FIN Insurance Company provides Motor Vehicle, Aviation, Marine, Engineering Oil Gas insurance.


Afrinvest

FoundersUnknown
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Afrinvest (West Africa) Limited is a management majority-owned securities firm involved in investment banking, securities trading


Cornerstone Insurance plc

FoundersTunji Ogunkanmi
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Cornerstone Insurance plc is a provider of life and non-life insurance products in Nigeria.


Lafiya

FoundersOluwatoyin Akintayo
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Lafiya creates tools that enable easy access to health insurance and quality healthcare across Africa.


Aimtoget.com

FoundersUnknown
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No.1 Nigerian Platform that convert airtime to cash with instant payment


SBG Insurance Brokers

FoundersUnknown
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SBG Insurance Brokers provides risk management, claims management and insurance broking services.


STANDARD ALLIANCE INSURANCE PLC

FoundersUnknown
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SA Insurance Plc is a Nigerian insurance company that specialises in delivering technology-driven and customer-focused insurance services.


African Alliance Insurance Plc

FoundersUnknown
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Life Insurance in Nigeria


Royal Exchange General Insurance Company

FoundersUnknown
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REGIC offers non life insurance services such as motor, fire and agricultural insurance.


AIICO Insurance

FoundersUnknown
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AIICO Insurance renders asset management, auto insurance, marine insurance, manufacturing insurance and agricultural insurance services.


Pine

FoundersChiadikaobi Nwokoro, Chigozie Njoku
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Pine connects companies and individuals to logistics companies to move and simultaneously provide G-I-T insurance for goods.


Metropolitan Life Insurance Nigeria

FoundersUnknown
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Metropolitan Life Insurance Nigeria is a life insurance company offering group life and credit life products to clients.


African Reinsurance

FoundersUnknown
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African Reinsurance is a pan-African reinsurance company that offers a wide range of reinsurance and claims management services.


Zenith General Insurance

FoundersUnknown
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Zenith General Insurance is an insurance company that provides insurance and financial services.


Royal Exchange

FoundersUnknown
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Royal Exchange is a financial services group offering general and health insurance, life assurance, finance and banking.


Regency Alliance Insurance Company

FoundersUnknown
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Regency Alliance Insurance provides general insurance products to corporate and individual clients in Nigeria and Ghana.


ARM Life

FoundersUnknown
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ARM Life is insurance companies, offers a wide range of financial services, including life insurance, pensions and retirement planning.


FundQuest Financial Services

FoundersUnknown
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FundQuest Financial Services offers products and services such as loans, leases, quest suite, investments, and advisory.


Sovereign Trust Insurance

FoundersUnknown
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Sovereign Trust Insurance is a non-life insurance company with wide range of insurance products and services.


Unic Insurance PLC

FoundersUnknown
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Unic Insurance PLC is a financial services company.


Sunu Assurances Nigeria

FoundersUnknown
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Sunu Assurances Nigeria is a member of SUNU Group has the vision to be a leading African Insurance Company.


The ProFin Group

FoundersUnknown
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The ProFin Group provides group retirement and savings, property desk, citizenship planning, and local insurance services.


Great Nigeria Insurance

FoundersUnknown
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Great Nigeria Insurance is an Insurance company who offers insurance underwriting,financial advisory and real estate investments services.


Custodian Investment

FoundersO.B Oshin
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Custodian Investment owns flagship companies in the Insurance, Trusteeship and Pensions sectors.


Law Union & Rock Insurance

FoundersUnknown
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Law Union & Rock Insurance is an insurance firm that provides home insurance, auto, third party, travel insurances, etc.


Botsurance

FoundersUnknown
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Chatbot


Bank of Industry Limited

FoundersUnknown
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Bank of Industry Limited is Nigeria’s most successful development financing institution, providing support to Nigeria’s industrial sector.


NEM Insurance

FoundersUnknown
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NEM Insurance offers all classes of non-life insurance products to individuals and corporates.


Chartered Insurance Institute of Nigeria

FoundersUnknown
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Chartered Insurance Institute of Nigeria is a veritable force in the Nation’s Financial Services Industry.


Niger Insurance

FoundersUnknown
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Niger Insurance is an insurance company that provides all types of Health, life insurance and pension plans


CrowdBuy Technology Solutions

FoundersEmeka Nwachinemere
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Crowdbuy is a hybrid commerce platform that connects investors and buyers to low risk, high yield investments and verified deals.


Fbn Insurance

FoundersVal Ojumah
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Fbn Insurance is an insurance firm that provides life insurance services.


Shecluded

FoundersUnknown
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Shecluded is a financial consulting firm that provides loan, health insurance, and wealth advisory services.


Consolidated Hallmark Insurance

FoundersUnknown
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Consolidated Hallmark Insurance offers a wide range of insurance services that includes burglary, money, home, travel and risk.


Lasaco Assurance

FoundersUnknown
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Lasaco Assurance provides a wide range of products and services in the insurance and financial sectors.


Nigeria Social Insurance Trust Fund

FoundersUnknown
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Nigeria Social Insurance Trust Fund is a government institution that provides financial and insurance products.


Veritas Kapital

FoundersUnknown
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Veritas Kapital is a insurance company.


Mutual Benefits Assurance

FoundersUnknown
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Mutual Benefits Assurance provides insurance products and services like motor, marine, travel, fire, aviation, group life & term insurances.


RegExpress

FoundersUnknown
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RegExpress provides vehicle registration, renewal of vehicle license, road worthiness, and car insurance and verification services.


Nigeria Deposit Insurance Corporation

FoundersUnknown
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Nigeria Deposit Insurance Corporation is an agency of the federal government of Nigeria that offers insurance-related services.


Wapic

FoundersUnknown
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Wapic offers non life insurance services such as travel, motor and education insurance.


Insurpass

FoundersUnknown
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Insurpass is developing next-generation insurance infrastructure-as-a-service to help Africa advance insurance inclusion and innovation.


Bethsaida Africa Development

FoundersUnknown
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Bethsaida Africa Development specializes in providing financial, insurance, and engineering services to private and government Institutions.


i-invest

FoundersUnknown
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i-invest is a platform that provides corporate finance advisory, treasury bills, equities, fixed deposits, and insurance services.


Guinea Insurance

FoundersUnknown
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Guinea Insurance is a company that provides with insurance services.


CashDrive

FoundersUnknown
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CashDrive is a financial firm.


Coronation Insurance

FoundersUnknown
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Coronation Insurance provides marine insurance, travel insurance, investment management, motor insurance, and life insurance services.


Industrial & General Insurance

FoundersUnknown
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Industrial & General Insurance is a brokerage firm that focuses on agricultural insurance, aviation, marine, oil, and energy products.


Goldlink Insurance

FoundersUnknown
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Goldlink Insurance offers general, life, marine, aviation, motor and other insurance policies.


Standard Insurance Consultants

FoundersUnknown
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Standard Insurance Consultants provides consultancy services for oil and gas, life, automobile, construction, and engineering insurances.


Waec Pasco Club

FoundersYhung Dhanny
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Waec Pasco Club is a Nigerian education blog that focuses on scholarship and school updates around the world that has to do with Nigerians


Brandfundr

FoundersUnknown
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Brandfundr is a fundraising platform that helps you raise funds for social and community projects from local and international brands.

Written by Stamp Nigeria

Nigeria’s newest and fastest growing online news magazine. We report local, national, politics, metro, business, startup and crypto.

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