NEM Insurance PLC
NEM Insurance PLC's Overview
NEM Insurance Plc is a prominent non-life insurance company in Nigeria, with operations starting in 1948 and formal incorporation in 1970. It became a publicly quoted company on the Nigerian Stock Exchange in 1989. NEM Insurance offers a comprehensive suite of general insurance products, including Motor, Fire, General Accident, Marine, Aviation, Oil & Gas, and Engineering policies. The company's mission is to build a profitable and sustainable insurance company through the use of cutting-edge technology, efficient and customer-centric service delivery by a team of dedicated and well-motivated staff, that meets the expectations of all stakeholders. Its vision is to be the insurance company of choice in Nigeria.
Where is NEM Insurance PLC's Headquarters?
HQ Function
Serves as the central hub for corporate management, strategic planning, underwriting policy, claims processing oversight, and overall administration of NEM Insurance Plc's national operations.
Notable Features:
Located in Nicon Insurance House, a well-known commercial building in the prime business district of Marina, Lagos, offering significant visibility and accessibility.
Work Culture:
Emphasizes professionalism, integrity, customer satisfaction, and teamwork. Aims to foster a well-motivated workforce dedicated to efficient service delivery, aligning with its core values.
HQ Significance:
The Lagos headquarters is pivotal as it's situated in Nigeria's economic capital, facilitating close interaction with major clients, regulatory bodies, and financial markets. It underscores the company's long-standing presence and commitment to the Nigerian insurance industry.
Values Reflected in HQ: The headquarters' location in a prime business area reflects the company's ambition and stability. The internal environment is designed to support its core values of professionalism, customer-centricity, and teamwork.
Location:
NEM Insurance Plc's primary operations are centered in Nigeria, where it boasts an extensive network of branches nationwide. The company also maintains an international presence through its subsidiary, Regency NEM Insurance Limited in Ghana. This allows NEM to serve a broader West African market. Furthermore, NEM Insurance Plc engages with global reinsurance partners to manage risk and support its underwriting capacity for large and specialized risks.
Street Address:
Nicon Insurance House (9th - 12th Floors), 5, Customs Street
City:
Lagos
State/Province:
Lagos State
Country:
Nigeria
NEM Insurance PLC's Global Presence
Abuja, FCT, Nigeria
Address: Ground Floor, NEM House, Plot 1921, Dalaba Street, Wuse Zone 5, F.C.T, Abuja
Strategic presence in the federal capital to engage with government agencies, corporate clients, and individual policyholders in the North Central geopolitical zone.
Port Harcourt, Rivers State, Nigeria
Address: 2nd Floor, NICON Building, Plot 53, Trans Amadi Industrial Layout, Port Harcourt, Rivers State
Crucial for serving the oil and gas industry clients and other businesses in the South-South region, providing localized expertise and support.
Ikeja, Lagos State, Nigeria
Address: 21, Opebi Road, Ikeja, Lagos
Extends NEM's reach within Lagos, Nigeria's largest city, ensuring accessibility for a broad customer base in the mainland part of the state.
Buying Intent Signals for NEM Insurance PLC
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Executive Team of NEM Insurance PLC
As of April 2025, NEM Insurance PLC' leadership includes:
Investors of NEM Insurance PLC
NEM Insurance PLC has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
NEM Insurance Plc has experienced key leadership changes over the past 12 months, including the appointment of new Non-Executive Directors to its board and a new Company Secretary, alongside a notable resignation from the board. These changes aim to strengthen governance and strategic oversight.
Departures
New Appointments:
Technology (Tech Stack) used by NEM Insurance PLC
Discover the tools NEM Insurance PLC uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
NEM Insurance PLC Email Formats and Examples
NEM Insurance Plc likely uses common corporate email patterns for its employees. While not publicly confirmed for all employees, a probable format is combining the first initial and last name, or first name.last name. The general contact email is nem@nem-insurance.com.
[first_initial][last]@nem-insurance.com or [first_name].[last_name]@nem-insurance.com
Format
tsmart@nem-insurance.com or tope.smart@nem-insurance.com
Example
75%
Success rate
News and media
BusinessDay Nigeria • May 2, 2024
NEM Insurance Plc news: NEM Insurance grows profit by 114% to N6.2bn in Q1 2024
NEM Insurance Plc announced a significant financial performance for the first quarter of 2024, with its profit after tax surging by 114% to N6.22 billion, compared to N2.90 billion in Q1 2023. The company's gross premium written also demonstrated robust growth during this period, indicating a strong start to the year....more
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