Company Profile


Company Address

AIICO House, Plot 2, Oba Akran Avenue, Opposite Dunlop Ikeja, Lagos

Business Hour

Monday09:15 AM - 08:00 PM
Tuesday09:00 AM - 08:00 PM
Wednesday09:00 AM - 08:00 PM
Thusday09:00 AM - 08:00 PM
Friday09:00 AM - 08:00 PM
Saturday09:00 AM - 08:00 PM
Sunday09:00 AM - 08:00 PM
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Who we are

AIICO commenced operations in Nigeria in 1963 as an Agency office of American Life Insurance Company (“ALICO”) – at the time, a subsidiary of American International Group (“AIG”). The Company was incorporated, registered and licensed in Nigeria as American Life Insurance Company Limited – as a wholly owned subsidiary of ALICO/AIG – in 1970 – to offer Life and Pension products and insurance services. The Company was renamed American International Insurance Company Limited (“AIICO”) upon the acquisition of a 60% stake by the Federal Government of Nigeria, and later listed on the Nigerian Stock Exchange in 1990, after which both shareholders – the Federal Government of Nigeria and AIG divested.

Following the insurance industry's consolidation in 2007, the Company acquired NFI Insurance plc and Lamda Insurance Company Limited (both cumulatively accounting for less than 30% of AIICO's pre-acquisition gross premiums). The Company subsequently re-certified as both a General Insurance and Life Assurance Company – taking advantage of its legacy, brand, franchise and strong retail distribution network to grow a leading General Insurance business.

As an insurance company, AIICO's goal is to be the insurer of choice and the leading insurance company in Nigeria – providing life insurance and retirement services as well as risk underwriting to a substantial and diversified client base, which includes corporations, financial institutions, governments and individuals in Nigeria.

AIICO is the market leader in the life insurance and retirement services and is a market leader (top 3) in Non-Life insurance in Nigeria. The core insurance franchise is complemented by our leading insurance asset management, pension, and health management businesses. Overall, AIICO is currently the 2nd largest insurance company in Nigeria (by gross premiums).

Company Reviews

AIICO Insurance Plc's Job posting

Insurance Agent at American International Insurance Company (AIICO)

AIICO Insurance Plc Lagos
Negotiable

Develop positive working relationships with clients Approach clients via cold calling and direct mail to inquire about their insurance situations and future needs Assist with obtaining underwriting approval Deliver policy proceeds after a claim is filed and approved Explain the differences in policy specifics so clients can make informed decisi

Customer Relation Officer at American International Insurance Company (AIICO)

AIICO Insurance Plc Lagos
Negotiable

Responsible for selling insurance policies and other services, including mutual funds, annuities, and securities, and financial planning services. Attend meetings, seminars and programs to learn about new products and services, learn new skills, and receive technical assistance in developing new accounts. Calculate premiums and establish payment

Client Service Executive at AIICO Insurance Plc

AIICO Insurance Plc Lagos
Negotiable

American International Insurance Company (AIICO) Insurance Plc. is a Life Assurance Company which commenced operations in Nigeria in 1963. AIICO insurance plc is the leading player in the industry with the largest and most profitable agency network in Nigeria.

Risk Advisor at AIICO Insurance Plc

AIICO Insurance Plc Lagos
Negotiable

American International Insurance Company (AIICO) Insurance Plc. is a Life Assurance Company which commenced operations in Nigeria in 1963. AIICO insurance plc is the leading player in the industry with the largest and most profitable agency network in Nigeria. We are recruiting qualified persons to fill the position of: Risk Advisor