Royal Exchange Plc
InsuranceLagos, Nigeria501-1000 Employees
Royal Exchange Plc is a Nigerian insurance and financial services company established in 1921, with a nationwide presence of 30 branches and eight regional offices. In 2008 the group reorganized into a holding and asset management structure to execute a strategy across insurance funds management, finance, asset management and banking, implemented through five wholly owned subsidiaries: Royal Exchange General Insurance Company Limited; Royal Prudential Life Assurance Plc; Royal Exchange Finance & Asset Management Ltd; Royal Exchange Healthcare Limited; and Royal Exchange Microfinance Bank Limited. Its primary business is risk management, including life and general insurance, indemnities and guarantees, healthcare, and related financial services such as banking, trusteeship and asset management. Headquartered in Lagos, Nigeria, the company employs between 501 and 1,000 people. Recent developments include the appointment of a new Managing Director/CEO in May 2025, leadership changes at the group level in 2026, and the relocation of the corporate headquarters from Marina to Onikan in February 2025.