Company

NEM Insurance PLC

NEM Insurance PLC is a Lagos-based insurer offering motor, marine, travel and home policies across Nigeria.

About

Founded in 1970 in Lagos, Nigeria, NEM Insurance PLC offers motor, marine and travel insurance, along with a Home Protection Policy, to corporate and individual clients. In 2022 it reported gross premium income of N33.36 billion, equivalent to USD 56.33 mn, and paid out over N5 billion in motor claims. In January 2019, Advanced Finance & Investment Group acquired a minority stake.

1Funding rounds

1Investors

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