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PERSONAL · CORPORATE · SME

Drive with total
confidence.

Nigeria's Number 1 motor insurance. Claims are processed and settled within 48 hours of receiving a duly executed Discharge Voucher.

Comprehensive cover

88.5% settlement rate

NIID verified

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Assets

₦136bn

Overall asset base as of December 2024.

98%

Claims Settlement Ratio

Who We Are

Trusted Protection. Proven Performance.

$28.90M

At NEM Insurance Plc, our philosophy is people first.

Our People

Assets

₦136bn

Overall asset base as of December 2024.

98%

Claims Settlement Ratio

Who We Are

Trusted Protection. Proven Performance.

$28.90M

At NEM Insurance Plc, our philosophy is people first.

Our People
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WHO WE ARE

Trusted by Nigerians
for over 75 years

NEM Insurance Plc is one of Nigeria's largest non-life insurers, providing motor, marine, aviation, oil and gas, engineering, fire, and personal insurance solutions to individuals, SMEs, and corporations. We've grown from a small London branch in 1948 into a publicly listed company on the NGX with over ₦176 billion in total assets and a nationwide branch network. But our purpose hasn't changed: pay claims promptly, treat customers fairly, and stand by you when life happens.

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WHY NEM INSURANCE
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Why Nigerians ChooseNEM Insurance

No.1 In Motor Insurance:Nigeria's market leader by revenue, with over ₦35.5 billion in motor revenue in 2025.

Claims Paid:Over ₦136 billion paid out between 2016 and 2025

Buy Online In Minutes:Quote, pay, and download your cover note instantly.

Regulated and Recognised:Authorized by NAICOM (RIC 028(G)), Almond Award winner 2025, listed on the NGX since 1989.

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OUR PRODUCTS

The Best Insurance
Service for You!

Home Insurance

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WHY WE ARE RELIABLE

The numbers behind the trust.

Nigerians don't just say they trust NEM Insurance. There's seventy-five years of protection, billions in claims paid, and a settlement record that speaks for itself to back it up

₦0bn+

Claims paid over the last decade

0+

Years protecting Nigerians, since 1948

AA+

GCR financial strength rating

0hrs

Claims settled after complete documentation

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TESTIMONIALS

What Our Clients Say

“

On behalf of TOP-PRIME LUXURY LTD, I would like to express our sincere gratitude to NEM INSURANCE PLC for their prompt response and for the payment of N1.8 million regarding the recent incident involving the loss of our customer's car key, valued at over Two Million Naira. Your swift action greatly alleviated the impact on our operations, and we deeply appreciate your partnership and commitment to providing excellent service during this period. We look forward to continued collaboration and remain grateful for your support.
AMOS EHIABHI

AMOS EHIABHI

Managing Director (TOP-PRIME LUXURY LTD)

“

We have been enjoying NEM's services; from customer service to claims, and they have been fantastic. NEM is always prompt, and we enjoy working with them. We see NEM as our partners in progress because they have never disappointed us since we knew them.
KUNLE SALAU

KUNLE SALAU

“

NEM Insurance is one of the best. My experience, and that of my company, has been superb. I can vouch for NEM Insurance Plc.
E. OLORUNNIYI

E. OLORUNNIYI

“

My company insured my car with NEM, and my experience has been wonderful because whenever incidents occur, the response is always prompt and excellent. I lodged a complaint once, and within two weeks, I was reimbursed. I highly recommend NEM Insurance to handle business insurance coverage.
BELLO YEKINI

BELLO YEKINI

“

My car was involved in an accident and the claim forwarded to NEM Insurance Plc received a prompt response. The claim was handled quickly and was very straightforward and timely.
SOLOMON AGIDI

SOLOMON AGIDI

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FAQ

Frequently Asked Questions

Get Clear Answers to Your Questions Here.

Yes. The NEM E-Insurance portal handles motor, home, travel, and SME cover end-to-end. Get a quote, then pay by the available payment options.


Notify us within 24 hours of the incident on +234 811 793 5563 or claims@nem-insurance.com. Submit your documents (policy number, photos, police report where relevant, proof of value) online or at any branch. Our adjuster reviews the loss and we proceed from there.


It depends on the claim type and how quickly we receive your documents, but our customers regularly tell us about settlements within two weeks. We've paid over ₦136 billion in claims between 2016 and 2025.


Yes. NEM Insurance Plc is licensed and regulated by the National Insurance Commission of Nigeria (NAICOM) under RIC No. 028(G), listed on the Nigerian Exchange as NEM since 1989, and rated for financial strength by Global Credit Ratings (GCR).


We're a non-life insurer, which means we cover everything except life insurance;  motor, home, travel, marine, aviation, oil & gas, engineering, fire, professional indemnity, burglary, and goods in transit.