Only four years after it commenced operations, IGI became, in 1996, the first Nigerian insurance company to earn N1bn in annual premium income, having established market leadership through the demonstration of technical expertise and exceptional competence in the underwriting of specialised risks.
Today, IGI is the largest and fastest growing privately-owned insurance company in Nigeria, with shareholders funds in excess of N10bn ($8.14m) and assets of over N15bn ($122.12m).
IGI's special risks division includes the construction and engineering department manned by specialists and professionals with strong international experience and project exposure. This division also has a marine and aviation department that has handled and managed several big ticket risks, providing effective and competitive solutions for public and private institutions.
LEADWAY ASSURANCE CO LTD
Founded in 1970, Leadway Assurance has been a leading player in the Nigerian insurance market priding itself for its close attention to relationships, including strong brokerage ties. The company attracts 80% of its business from Nigeria's broker network.
The company emerged from the recent recapitalisation exercise greatly strengthened, attracting an equity injection of $14m from the