African Alliance Insurance Plc is a specialist life assurance office located in Lagos, Nigeria. It was incorporated on May 6, 1960 by Chief S.L. Edu, Mr T. A. Braithwaite, and Chief M.E.R. Okorodudu. The company offers personalised insurance products tailored for each stage of their customers' lives. They provide protection (term assurance and group life), savings, and investment products. African Alliance Insurance Plc is known for its excellent customer service and prompt claims settlement. In 2016, they paid an estimated N6.5 billion in settlement of various claims. The company manages a shareholders' fund estimated at N3.6 billion, with a gross premium income and asset base estimated at N13.42 billion and N41.35 billion respectively (as of December 31, 2016). African Alliance Insurance Plc also has equity in Axiom Air Limited, a cargo airline company, Frenchies Foods (Nigeria) Limited, a restaurant and catering services company, and Ghana Life Insurance Company Limited.
Headquarters
54 Awolowo Way, Ikoyi
Lagos; Lagos;
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Website: http://www.africanallianceplc.com
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