| #47 | Leadway Assurance Company |
|---|---|
| BSM Index | 42.1 |
| YoY | -7 |
| CEO | Tunde Hassan-Odukale |
| Year Founded (in Nigeria) | 1970 |
| Website | https://www.leadway.com/ |
| Head Office | 121/123 Funsho Williams Ave, Surulere 101283, Lagos |
| Nationality | NG |
| Customer Base | – |
| Number of Branches | 24 |
| Annual Turnover | N38.5 billion representing a 13.5% increase |
| Employees | – 331 |
| Marketing Budget | – |
Leadway Assurance Company:
Nurturing Trust, Embracing Excellence
Leadway Assurance Company has been a beacon of trust, security, and commitment for over five decades. Since its inception in 1970, Leadway has emerged as a towering presence in the insurance industry, providing an extensive array of services that span commercial and personal property, casualty, travel, and life insurance.
The brand has built its reputation on a foundation of excellence in claims handling and a dedication to its underwriting commitments. This commitment has positioned it as a frontrunner among indigenous insurance service providers in Nigeria.
Founded initially as a direct motor insurer in 1971, Leadway swiftly expanded its scope to encompass diverse areas of general business, eventually emerging as a composite company proficient in underwriting both life and general insurance. As the company’s financial capacity grew, it took on risks of substantial magnitude, including those in the oil and gas sector and major manufacturing enterprises. Leadway’s influence extends beyond traditional insurance, as the company has also made significant strides in the health management sector too.
Guided by a visionary purpose and symbolized by its iconic camel logo, Leadway’s philosophy is that of a “BURDEN CARRIER.” Just as the indomitable camel is known for its resilience and ability to endure harsh conditions, Leadway stands as a pillar of strength, prepared to weather challenges and protect the interests of those who place their trust in its care.
For several years, Leadway Assurance Company has consistently emerges as Nigeria’s foremost insurance giant, boasting the highest annual turnover in the industry. This impressive performance is a testament to Leadway’s journey of trust, excellence, and unwavering dedication.
Leadway’s five-decade journey is one of growth, innovation, and a steadfast commitment to protecting its clients. As it continues to nurture trust and embrace excellence, Leadway Assurance Company not only upholds its legacy but also sets the standard for the future of insurance in Nigeria and beyond.
