African Alliance Insurance Plc.

African Alliance Insurance Plc stands as a venerable leader in the realm of Specialist Life Assurance in Nigeria, boasting decades of unparalleled expertise and a robust foundation. Since our inception on May 6, 1960, by the visionaries Chief S.L. Edu (CON), Mr T. A. Braithwaite (CON), and Chief M.E.R. Okorodudu, supported by esteemed reinsurers and co-shareholders, such as the Munich Reinsurance Company, we’ve continually evolved.

Today, African Alliance Insurance Plc spearheads innovation in the 21st century, positioning itself uniquely to deliver superior value to all stakeholders: esteemed customers, employees, partners, and shareholders alike. Our operational network spans 18 branch offices, manned by a dedicated and skilled team. We specialize in offering a diverse range of personalized insurance products, including Protection (Term Assurance and Group Life), Savings, and Investment solutions, adeptly tailored to different stages of our clients’ lives.

Our reputation for excellence is cemented by our exceptional customer service and swift claims settlement. In the 2016 financial year alone, we disbursed an estimated N6.5 billion in settlement across various claims, showcasing our commitment to our clients’ peace of mind. As of December 31, 2016 (audited figures), African Alliance Insurance Plc oversees a Shareholders’ Fund valued at N3.6 billion. Our Gross Premium Income and Asset Base stand at an estimated N13.42 billion and N41.35 billion, respectively.