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Marsh Nigeria

Overview:

Marsh Nigeria currently trading as Femi Johnson & Company Limited (Incorporated Insurance Brokers) Rc7415
Established: 1970
Branches in Ibadan, Lagos Abuja & Port Harcourt

Employing 39 People

Our Country

Nigeria has the largest population in Africa at over 170 million persons, and has experienced an era of high growth in the past few years, fuelled by a thriving economy, increased business activities and asset ownership, a large emerging middle class, and increased foreign investments.

Until recently the largest economy in Africa (now second largest), Nigeria aspires to be an important player in international finance and commerce and this aspiration is reflected in nearly all the government’s strategic proposals, policy documents and development plans.

Nigeria is rich in natural resources, particularly natural gas, petroleum and solid minerals. Its economy is primarily based on exports of oil and gas, which provide 80% of budgetary revenues and 40% of the GDP.

The key drivers in the non-oil sector, in terms of growth, are telecommunications, commerce, manufacturing, agriculture and financial services.

The Agricultural sector which is the largest employer in economy has in recent times being the focus of the much governmental activity and strategic intervention expanded by 4.53 percent Q1 2016 and is projected to remain as the fastest growth sector of the economy for the foresee able future. The majority (over 70%) of the workforce employed in the agricultural sector are women.

The large population has been a major driver in attracting investments into Nigeria especially since the return to democracy in 1999. However, despite the population and increased economic activity, insurance penetration in Nigeria remains among the lowest globally.

Our Client Mix

Our clients include Personal Lines, SMEs, MDAs & Parastatals and large Commercial and Multi-National Corporate operators in every sector of the National economy in Nigeria.

Key Competencies

Our key competences include:

   Personal Lines Insurance Broking
   Small & Medium Scaled Enterprises Insurances
   Corporate & Commercial Insurances
   Employee Health & Benefit Insurances
   Energy & Power Insurances
   Agriculture & Allied Industries
   FinPro & Specialist Insurances
   Reinsurance Broking
   Risk Management & Alternative Risk Transfer Solutions
   Claims Management

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