Cornerstone Insurance Plc: Leader in Insurance Growth & Profitability Nigeria 2025

Cornerstone Insurance Plc has established itself as a pioneering force within Nigeria’s insurance sector, setting new standards for growth, innovation, and client service. Guided by a strategy anchored in professionalism, integrity, and technological advancement, the company has distinguished itself through a commitment to improving insurance accessibility and penetration across Nigeria’s vast and diverse population. Its AI-enabled virtual assistant, Cici, represents a significant leap forward in customer engagement, providing real-time policy support, claims assistance, and enquiries handling for millions of clients simultaneously — a first in the Nigerian insurance industry. Cornerstone has successfully diversified its business through multiple channels, including agency distribution, bancassurance partnerships, and tailored product bundling. This expansion, supported by a culture of innovation, transparency, and strong corporate governance, has driven sustained profitability, with profits rising from ₦3bn three years ago to ₦17bn, and gross income reaching ₦29bn last year. The company’s prudent capital management ensures compliance with Nigeria’s evolving regulatory requirements, positioning it advantageously as the industry consolidates under new capital adequacy rules and emerging growth opportunities. Cornerstone’s subsidiaries, including Fin Insurance and Hilal Takaful Nigeria LTD, are fully capitalised, reinforcing its financial resilience and strategic agility across regional markets and beyond. The organisation’s progressive leadership philosophy — empowering motivated, skilled professionals who consistently deliver exceptional customer experiences — has cultivated a workplace of excellence, accountability, collaboration, and innovation. The Capital Finance International (CFI.co) Judging Panel congratulates Cornerstone Insurance Plc on winning the 2025 Leader in Insurance Growth & Profitability Award (Nigeria).