To make a difference in people’s lives through innovative life insurance solutions that create peace of mind, and financial security while building enduring relationships with all stakeholders.


To be the leading provider of life insurance solutions through a passionate, committed, and focused team.


    Customer Centric – Always striving to meet our customers’ expectations.
    Innovation – Promoting the transformation of ideas into cost efficient solutions that add value to our organization and customers.
    Excellence – Distinctive quality service that exceeds expectations.
    Integrity – Zero tolerance for unethical behavior in our business conduct.
    Collaboration – Promoting team spirit and partnerships with our stakeholders.
    Professionalism – Proven subject matter experts.
    Transparency – Operating with full disclosure of relevant information.


NICO Life Insurance Company Limited is 51% owned by NICO Holdings Plc and 49% owned by Sanlam Developing Markets (SDM). The company has been offering Individual and Group Life Insurance services since 1971. It was originally a Life and Pension department of NICO Holdings Plc and was incorporated as a subsidiary in 2002. NICO Life Insurance Company Limited has thrived in business, winning the trust of companies and individuals on the market. It currently insures over 900 schemes.

We take an objective and proactive approach, delivering proven expertise to every client.