AXA Mansard promotes SMEs in Nigeria and launches business insurance plan – Nairametrics


In line with the company’s strategy to develop small and medium-sized enterprises (SMEs) in the country, AXA Mansard Insurance PLC, member of the AXA Group and world leader in insurance and asset management, unveiled its “ Business Insurance Plan in Lagos to Serve Nigerians Better. ‘.

The Business Insurance Plan (BIP) is a one-stop-shop insurance solution that addresses the business risk exposures of small and medium-sized businesses. It is a potpourri of very beneficial insurance risk management solutions bundled together. These solutions include Corporate Content, Group Individual Accident, SME Life, Health Care, Third Party Liability, Optional Coverage, Professional Third Party Liability, Automotive, Stocks and General Conditions.

Every business has a number of risks. While the pitfalls and challenges cannot be avoided, they can be mitigated with the proper precautions, planning, and insurance coverage. It is these risks and pitfalls that the Commercial Lines Insurance Plan seeks to remedy.

The BIP is available for purchase transparently on the company’s transaction website: Purchases can also be made through sales agents and at any of our offices nationwide.

Speaking at the event, company CEO Kunle Ahmed said: “Our goal is to provide the appropriate solutions for small and medium-sized businesses at a competitive price. We hope this product will allow SMEs to cover the risks they face and focus on strategizing and growing their businesses knowing they are protected.

With 17.4 million SMEs in Nigeria, the role they play in growth and development cannot be overstated. They play an important role in reducing unemployment and accelerating GDP growth. We are therefore very happy to be able to provide this innovative solution which ensures them to continue to prosper.

Chief Client Officer Ms. Rashidat Adebisi said that “the driving force behind the development of this product is AXA’s raison d’être, which is to ‘Act for human progress while protecting what matters’. At AXA Mansard, we care about people and their businesses, which is why we constantly listen, think and innovate.

AXA Mansard is registered as a composite company with the National Insurance Commission of Nigeria (NAICOM). The Company provides life and non-life insurance products and services to individuals and institutions across Nigeria, while also providing asset / investment management services and health insurance solutions through AXA. Mansard Investments Limited and AXA Mansard Health Limited respectively. The parent company was listed on the Nigerian Stock Exchange in November 2009.

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