IEI Insurance PLC

IEI Plc

We help you
prepare for the
unexpected.

About

We commenced business as Nigeria’s first Energy-Focused Insurance Company, experts in first class underwriting solutions for offshore and onshore risks, as well as general insurance business. We established business in 1969 as Nigeria Exchange Insurance Company Limited. Over the years, we have been through series of transformations that have brought us where we are and shaped us into who we are today.

With a redirection of internal and external dynamics of the company, we focused our core business on a yawning gap in the insurance industry: Energy Insurance. In 2003 International Energy Insurance, IEI was born. This was followed by a major recapitalization, which was needed to meet the challenges of this new direction.

The Company’s security is backed by a consortium of local and foreign re-insurers led by African Reinsurance Corporation.

In July 2022 Norrenberger Advisory Partners Limited, an industry-leading, integrated financial services group that provides a comprehensive range of financial solutions to individuals and institutions, took over the operations of the company after it obtained the approval of the National Insurance Commission (NAICOM). Norrenberger bought 100% shares of the company hence making a new dawn in the history insurance underwriting and International Energy Insurance Plc.

IEI had in a short period experienced phenomenal growth in its business production and gained the confidence of the market, demonstrating innovation and aggressiveness in the insurance space.

Our Products

General Accident Insurance

We offer different insurance products that cover a wide range of accident scenarios.

Marine Insurance

Explore our insurance products including Marine Hull and Marine Cargo insurances.

Bond

We offer perfomance, advance payment, credit and custom bonds at IEI.

Motor Insurance

Insure your private and commercial motors with our different packages.

Engineering Insurance

We cover contractors and provide financial protection for mishaps during construction projects.

Fire & Special Perils

We offer Indemnity against loss or material damage to insured properties occasioned by fire, lightning and explosion.

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Your Future