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About the Company

AIICO Insurance PLC, established in 1963, is a leading insurance company in Nigeria. The company offers a range of services, including life assurance, general insurance, health insurance, and asset management. With a commitment to innovation and customer satisfaction, AIICO has maintained a strong presence in the Nigerian insurance industry.

Leadership Team

• Kundan Sainani – Chairman
• Babatunde Fajemirokun – Managing Director/CEO
• Ademola Abimbola Adebise – Director
• Samaila Zubairu – Director
• Oluwafolakemi Fajemirokun – Director
• Lekan Akinyanmi – Director
• Raimund Snyders – Director

Corporate Social Responsibility (CSR)

AIICO Insurance PLC is dedicated to positively impacting society through various initiatives. The company focuses on environmental sustainability, community development, and educational support, aligning its CSR activities with its core values of quality, integrity, and client commitment.

Company Milestones

• 1963: Commenced operations in Nigeria as an agency office of American Life Insurance Company (ALICO).
• 1970: Incorporated as American Life Insurance Company Limited, a wholly-owned subsidiary of ALICO/AIG.
• 1990: Listed on the Nigerian Stock Exchange.
• 2007: Acquired NFI Insurance PLC and Lamda Insurance Company Limited.