NEM Insurance PLC
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About the Company
NEM Insurance PLC, established in 1948, is a leading insurance company in Nigeria, offering a comprehensive range of general insurance products and services to both corporate and individual clients. The company’s portfolio includes motor, marine, aviation, oil and gas, engineering, and fire insurance, among others. With a commitment to excellence and customer satisfaction, NEM Insurance has maintained a strong presence in the Nigerian insurance industry.
Leadership Team
- Tope Smart – Chairman
- Andrew Ikekhua – Managing Director/CEO
- Idowu Semowo – Chief Financial Officer
Corporate Social Responsibility (CSR)
NEM Insurance PLC is committed to corporate social responsibility through initiatives that promote community development, education, and environmental sustainability. The company emphasizes responsible business practices and social impact, aiming to improve the quality of life in its host communities.
Company Milestones
- 1948: Commenced operations in Nigeria as an agent for Edward Turner & Co.
- 1965: Became a Nigerian branch of NEM General Insurance Association Limited of London.
- 2007: Merged with Vigilant Insurance Company Limited to transact all classes of general insurance.
- 2024: Achieved significant growth in gross premium income and total assets, reinforcing its position as a leader in the Nigerian insurance industry.
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