Leadway Assurance Company Limited

About This Business

Leadway Assurance Company Limited is Nigeria's largest insurance company by assets, with over ₦799 billion in total assets as of 2024. Founded in 1970 and headquartered in Victoria Island, Lagos, Leadway is a NAICOM-licensed insurer offering the full range of life and general insurance products. The company paid over ₦117 billion in claims in 2024, reflecting its commitment to prompt settlement. Leadway's product suite includes motor insurance (third-party and comprehensive), life insurance and annuities, health insurance, property and fire insurance, marine insurance, and group life for employers. Leadway is the insurer of choice for many of Nigeria's largest corporations, government agencies, and high-net-worth individuals. With a nationwide network of branches, agents, and digital platforms, Leadway makes insurance accessible across Nigeria. The company is owned by the Stanbic IBTC group.