- Analysis•
- ByMark Mead Baillie
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NEM Insurance Plc provides general insurance products and services to corporate and individual customers in Nigeria. It offers corporate insurance products, such as motor, marine cargo and hull, aviation, oil and gas, engineering, computer and electronics, fidelity guarantee, and group personal accident insurance; personal insurance products, including goods in transit, fire and special perils, travel, motor, home protection, professional indemnity, and enhanced motor third party insurance; and SME products comprising burglary, product liability, fidelity guarantee, motor insurance, cash in transit, group personal accident, and agricultural insurance products. In addition, it is involved in asset leasing and LPO financing activities. The company offers its products to manufacturing, industrial, commercial enterprises, and financial institutions, such as banks, mortgage, and stock broking firms. The company was founded in 1948 and is headquartered in Lagos, Nigeria.