NEM Insurance PLC logo — We offer a range of Corporate, Personal and SME Insurance pr...

NEM Insurance PLC

We offer a range of Corporate, Personal and SME Insurance products. Secure your future today! #BeNEMsure

Founded 1948 Nigeria Lagos, Nigeria 361 employees Private Equity Financial Services, Insurance

General Information

Company Name NEM Insurance PLC
Founded Year 1948
Location Nigeria Lagos, Nigeria +1
Employees 361
Industries Financial Services, Insurance
Funding Stage Private Equity
Social

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About NEM Insurance PLC

NEM Insurance PLC Analysis

NEM Insurance PLC, a leading provider of non-life insurance solutions in Nigeria, offers a wide range of corporate, personal, and SME insurance products. Established in 1970, the company has a rich history and has significantly contributed to the growth of the insurance industry in Nigeria.

The company has demonstrated adaptability and growth through various milestones, including its listing on the Nigerian Stock Exchange in 1989 and the expansion of its operations into the West African Sub region, including the establishment of NEM Asset Management and REGENCYNEM INSURANCE (GHANA) LIMITED.

Noteworthy is the recent private equity round investment in 21 January 2019 by AFIG FUNDS, signifying confidence from the investment community in NEM's potential and strategy moving forward.

NEM Insurance PLC is guided by a set of core values including humility, integrity, discipline, empathy, excellence, and courage, reflecting a strong ethical foundation that underpins its operations and customer relationships.

With a focus on safeguarding assets and securing the future of its clients, NEM Insurance PLC stands as a significant player in the financial services and insurance industries in Nigeria, positioning itself for continued growth and impact.

Taxonomy: Non-life Insurance, Nigeria, Stock Exchange, Corporate Insurance, SME Insurance, West Africa, Insurance Industry, Emerging Markets, Expansion, Company Values, Regulation Compliance

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round •••••• 1
Investor
21 Jan 2019

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FAQ About NEM Insurance PLC

We offer a range of Corporate, Personal and SME Insurance products. Secure your future today! #BeNEMsure
NEM Insurance PLC was founded in 1948.
NEM Insurance PLC is headquartered in Lagos, Nigeria.
NEM Insurance PLC operates in the following industries: Financial Services, Insurance.
NEM Insurance PLC has approximately 361 employees.
NEM Insurance PLC has completed 1 funding round. The latest funding stage is Private Equity.
Top alternatives and competitors to NEM Insurance PLC include Cornerstone Insurance Plc, Prudential Zenith Life Insurance, Learn Africa Plc, Citadel Insurance p.l.c., SIC INSURANCE PLC. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NEM Insurance PLC and Cornerstone Insurance Plc are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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