Aiico Insurance PLC - Company Profile
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AIICO Insurance Plc (AIICO Insurance) is an insurance company. It offers a range of life insurance, non-life insurance, health management, pensions, and asset management to individuals and corporate customers. Its offering includes term assurance plans, whole life insurance, guaranteed pension plans, motor insurance, burglary and housebreaking insurance, health insurance, fire and special perils insurance, personal accident insurance, and professional indemnity insurance. The company also offers insurance products for business interruption, marine, travel, personal liability, aviation, home, bonds, and public liability. Furthermore, it offers annuity plans, education plans, and savings and investment plans. It operates through a network of branch offices in Nigeria. AIICO Insurance is headquartered in Victoria Island, Lagos, Nigeria.
Aiico Insurance PLC premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Life Insurance Products | Claims Services |
| Term Assurance Plan | Pension Administration Services |
| Whole Life Insurance | Asset Management Services |
| XYZ | |
| XYZ | |
| XYZ |
Competitor Comparison
| Key Parameters | Aiico Insurance PLC | Custodian Investment PLC | AXA Mansard Insurance plc | Coronation Insurance Plc | SUNU Assurances Nigeria Plc |
|---|---|---|---|---|---|
| Headquarters | Nigeria | Nigeria | Nigeria | Nigeria | Nigeria |
| City | Victoria Island | Lagos | Victoria Island | Lagos | Victoria Island |
| State/Province | Lagos | - | Lagos | Lagos | Lagos |
| No. of Employees | 495 | 716 | 366 | 87 | 199 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Babatunde Fajemirokun | Managing Director; Chief Executive Officer | Executive Board | - | - |
| Bisola Elias | Chief Financial Officer | Senior Management | - | - |
| Abiodun Adebanjo | Chief Risk Officer | Senior Management | - | - |
| Olusanjo Shodimu | Chief Digital and Innovation Officer | Senior Management | - | - |
| Kundan Sainani | Chairman | Non Executive Board | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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