ABOUT IEI Plc

We help you prepare
for the unexpected.

IEI Plc 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. The company was established 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 whom we are today.

With a redirection of the internal and external dynamics of the company, we focused our core business on the gap in the Nigeria insurance industry: Energy Insurance. In 2003 International Energy Insurance was born. This was followed by 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 it a new dawn in the history ofInternational 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.