Nigeria’s insurance industry, despite historically low penetration compared with banking and fintech, has continued to expand in recent years.
According to Nairametrics, Nigeria’s insurance companies held total assets of about N4.6 trillion by mid-2025, a sign of rising investments and stronger balance sheets across the industry.
At the same time, gross premium generation has continued to climb, with insurers recording N769.2 billion in premiums in the first quarter of 2025 alone, one of the strongest quarterly performances on record.
This shows that while insurance still lags behind other financial sectors in scale, its growth trajectory is steadily improving.
Within this evolving landscape, some women are increasingly shaping the direction of the industry.
From executive leadership, underwriting and actuarial services to risk management, female professionals are gaining influence in a sector.
In celebration of International Women’s Day, here are the influential female C-suite executives in Nigeria’s insurance industry.
Here are the women leading the Nigerian insurance sector
Ekeoma Ezeibe is a veteran insurance lawyer and broker who serves as Managing Director and Chief Executive Officer of Crystal Trust Insurance Brokers Limited.
Ezeibe’s journey in insurance began during her National Youth Service with Nigeria Reinsurance Corporation in 1987–1988, where she worked in the legal department and was retained after her service year.
She later served in key legal and claims functions at Liberty Assurance Company Limited before becoming the pioneer Company Secretary and Legal Adviser at Industrial & General Insurance Company Limited in the early 1990s.
In partnership with her husband, she then co‑founded Crystal Trust Insurance Brokers, where she remains MD/CEO, guiding strategic direction and overseeing operations.
Ezeibe holds professional insurance qualifications, including Associate status with the Chartered Insurance Institute (ACII) with distinctions in claims practice and strategic risk management, Associate of the Chartered Insurance Institute of Nigeria (AIIN), and is a Fellow of the Council of Registered Insurance Brokers (FCIB).
In October 2025, Ezeibe was sworn in as the 23rd President of the Nigerian Council of Registered Insurance Brokers, becoming only the third woman to hold that position in the council’s more than six‑decade history.
