Our Beginning

First Adequate Benefits Insurance Brokers Ltd. was established with a vision to redefine the standard of insurance broking and risk management in Nigeria. From the very beginning, our goal has been simple — to deliver trusted, transparent, and tailored insurance solutions that truly protect individuals, businesses, and communities.

Our company was founded by a team of seasoned insurance professionals who saw the need for a brokerage firm built on integrity, professionalism, and service excellence. With years of experience in underwriting, claims handling, and risk analysis, they laid the foundation for what has become one of Nigeria’s most reliable and client-focused insurance brokerage firms.

Early Growth and Milestones

In our early years, First Adequate Benefits Insurance Brokers Ltd. began by offering personal and corporate insurance advisory services, earning the trust of clients through honesty, efficiency, and prompt claims handling.

Our reputation for client satisfaction and technical competence quickly grew, allowing us to expand our service offerings to include:

• Insurance Broking Services

• Reinsurance Broking

• Consultancy Services

• Special Risks & Technical Covers

We also formed partnerships with leading insurance and reinsurance companies within Nigeria and abroad, enabling us to deliver world-class coverage across multiple industries.

Expansion and National Presence

As the demand for reliable insurance solutions increased, First Adequate Benefits Insurance Brokers Ltd. strategically expanded its operations beyond Lagos to other major cities — including Abuja, Port Harcourt, and Kaduna, with representative offices and clients across all states in Nigeria.

This expansion strengthened our ability to provide localized support, on-the-ground expertise, and personalized service — a rare combination in today’s insurance landscape.

Today, we proudly serve individuals, corporations, and government institutions nationwide — helping them navigate risks with confidence.

Innovation and Modernization

Driven by our commitment to excellence, we have continuously evolved with the changing times. From adopting digital tools to improve service efficiency to enhancing claims processing systems, First Adequate Benefits Insurance Brokers Ltd. remains a forward-thinking company.

We have invested in technology and human capital to stay at the forefront of digital insurance broking, risk analytics, and customer relationship management.

Our focus on modernization ensures that every client experience is seamless — from policy placement to renewal, and from advisory services to claims support.

Building Strong Partnerships

Over the years, we have cultivated solid relationships with both local and international insurers and reinsurers. These partnerships allow us to access global expertise, competitive rates, and advanced insurance solutions that meet the unique needs of our clients.

Our global connections, combined with local market understanding, enable us to handle complex risks across industries such as oil and gas, aviation, marine, construction, manufacturing, and financial services.

Commitment to Clients and Community

Beyond business, we have always placed strong emphasis on ethical practices, community service, and social responsibility. Through our CSR initiatives, we continue to support education, healthcare, and youth empowerment programs — contributing positively to society.

Our history is a reflection of our commitment to people first — because at the heart of insurance is care, trust, and protection.

Our Legacy and Future

From a modest beginning to becoming a trusted name in the Nigerian insurance sector, First Adequate Benefits Insurance Brokers Ltd. has built a legacy of reliability, integrity, and excellence.

As we move into the future, we remain steadfast in our pursuit of innovation, growth, and customer satisfaction. We aim to become the most respected and preferred insurance brokerage firm in Nigeria and beyond — continuously setting new benchmarks for quality and service delivery.

Our history defines our strength, and our future reflects our commitment.

Milestones at a Glance

• Founded: [Insert Year of Establishment]

• Incorporated by: Corporate Affairs Commission (CAC), Nigeria

• Licensed by: National Insurance Commission (NAICOM)

• Head Office: Lagos, Nigeria

• Branches: Abuja, Port Harcourt, Kaduna, and across major cities in Nigeria

• Core Services: Insurance Broking, Reinsurance Broking, Consultancy, Special Risks & Technical Covers