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16 Obafemi Awolowo Way, Alausa, Ikeja, Lagos, Nigeria.

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Nem Insurance Plc

Diamond

.

1948

1948

Financial Services

Lagos

1989

Public

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ABOUT

NEM Insurance Plc is a non-life/general insurance company in Nigeria with a long heritage dating back to 1949. It started business in Nigeria through the agency house Edward Turner & Co., became a Nigerian branch of the NEM General Insurance Association of London in 1965, and was formally incorporated in Nigeria in 1970 in accordance with the Companies Act of 1968.

The company got listed on the Nigerian Stock Exchange in 1989. In 2007, the company merged with Vigilant Insurance Company Ltd.

The Company is engaged in the business of General Insurance, which includes marine and aviation, motor vehicle, fire and burglary, oil and gas, engineering, bond, general accident, and agriculture.

key figures and milestones

  • NEM Insurance became the first non-life insurer in Nigeria to surpass ₦100 billion in gross premium income

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