Addosser Insurance Brokers Celebrates 5 Years of Growth

Addosser Insurance Brokers has officially marked its fifth anniversary, solidifying its position in Nigeria's insurance industry. Established in May 2018, the company has built a reputation for delivering reliable insurance solutions to individuals and businesses across Nigeria.

It operates under a license renewed by the National Insurance Commission (NAICOM) for the period of 2023 to 2025, demonstrating its commitment to compliance with corporate governance standards. Over the past five years, Addosser has grown from a startup to a high-performing brokerage, processing an average of 2,000 policies monthly, with a cumulative policy count exceeding 120,000.

Its product portfolio spans ten categories, including motor, group life, agriculture, professional indemnity, and directors' and officers' liability insurance. The company boasts a 90% client retention rate and an impressive 30% average annual revenue growth, alongside a 98% claim settlement record, reflecting its financial strength and commitment to policyholders.

Kemi Ampitan serves as a non-director at Addosser Insurance Brokers.