Addosser Insurance Brokers Limited is celebrating its fifth anniversary, marking a significant milestone in its growth within Nigeria’s insurance sector.
Since launching operations in May 2021, the firm—licensed and regulated by the National Insurance Commission—has steadily built a reputation for providing accessible and dependable insurance services to both individuals and businesses nationwide. Its operating licence was successfully renewed in 2023 and 2025, reflecting strong compliance and sound corporate governance.
Over the past five years, the company has evolved from a startup into a high-performing brokerage. It now processes an average of 2,000 policies each month and has surpassed a total of 120,000 policies. Its offerings span more than 10 categories, including motor, group life, agricultural, professional indemnity, and directors’ and officers’ liability insurance.
The company’s performance metrics highlight its growth and customer focus, with a 90% client retention rate, an average annual revenue increase of 30%, and a 98% claims settlement rate.
Speaking on the milestone, Kemi Ampitan reaffirmed the firm’s mission: “Five years in, we remain committed to what we started—making insurance simple, affordable, and impactful for every client we serve.”
The anniversary underscores Addosser’s continued commitment to innovation, trust, and delivering value in Nigeria’s evolving insurance landscape.