Robust Nigeria insurance should be high on your agenda if you intend to do business here. The political and security situation is often tense and can deteriorate quickly, and there is a high risk of kidnapping, piracy and terrorist attack in many areas. Oil and gas workers are particularly vulnerable and should have appropriate insurance for high-risk occupations.

Official risk ratings

Accident and Evacuation
Kidnapping and Ransom
Political Risk

Potential dangers in Nigeria

Over recent years, Africa’s most populous country has seen an increasingly violent rise in the tensions between its many ethnicities and faiths. Consequently working in Nigeria can be a potentially dangerous prospect, particularly if your business takes you into or near the Niger Delta – the focus for a lot of western-managed oil and gas activity. 

Boko Haram regularly mounts attacks in northern Nigeria, but insurgency is spreading across the country with threats of indiscriminate attacks targeting foreigners in hotels, bars and restaurants as well as busy markets and public places.

We can provide cover for your people, property, vehicles, specialist equipment or business liabilities, all with high-risk terrorist and political violence clauses for maximum protection.

International Personal Accident cover is essential, including health insurance with emergency evacuation by air ambulance in the event of serious injury or illness. Nigeria is also a country afflicted with a high incidence of malaria and waterborne disease including cholera. It’s also one of the few countries left to suffer with polio so make sure you include this vaccination along with others prior to travelling.

Nigeria can also be a complicated place to do business. We can help you to meet contractual obligations and protect your investments from liabilities including pollution, environmental or commercial liability with tailored policies placed with specialist Lloyd’s underwriters.