Heirs Insurance Group to Expand Operations Across Africa

Heirs Insurance Group is set to transform from a local company to a regional entity, expanding its operations across various African countries. Mr. Niyi Onifad, the Managing Director, stated in a press briefing that the group has recorded significant achievements over its five years of operation in Nigeria.

The company has been profitable since its inception, except for its first year, which saw a loss. Heirs Insurance has focused on digitizing its operations to enhance customer experience, offering online services and third-party motor insurance policies via mobile phones.

The company has attracted three million customers within three years, demonstrating substantial growth, especially during the COVID-19 pandemic. Heirs Insurance is recognized as one of the fastest-growing insurance companies in Africa, leveraging technology to innovate and improve claim settlement processes.