Industrial and General Insurance Company Plc, commonly referred to as Industrial and General Insurance (IGI), is an insurance company in Nigeria. The company is a leading provider of insurance and risk management services in West Africa.IGI is a large insurance services provider in Nigeria and through its subsidiaries, in Ghana, the Gambia, Rwanda and Uganda, with representative offices in London and Washington, DC.
Industrial And General Insurance Plc (IGI) commenced business in 1992 as a composite insurer to transact the business of Life and General insurance, including Pensions and Special Risks. Backed by a strong capital base, first-class professionals and deployment of modern technology, the company quickly established a reputation for exceptional competence and became the preferred insurer for individual and corporate clients seeking premium insurance and related financial services.
Industrial And General Insurance Plc (IGI) was first incorporated as a private limited liability company on 31 October 1991 and later re-registered as a public limited liability company in 2007.
From inception, IGI demonstrated exceptional skill and expertise in the underwriting of specialised risks in oil and energy, marine, aviation, engineering and industrial risks management. The reputation earned the company national recognition in 1996 when it was appointed by the Federal Government as the leading member of a consortium of insurance companies to handle the insurance programme of the Nigerian National Petroleum Corporation (NNPC), the government-owned oil exploration and refining company. On account of its remarkable performance, the IGI-led consortium was reappointed for 1997 and 1998. IGI also participated actively in the insurance programmes of foreign oil companies operating in Nigeria.