Regency Alliance Insurance — review & details
Lagos-based general insurer on NAICOM's register (RIC 034) with over 20 years in the Nigerian market, selling third-party, Third-Party Plus and comprehensive motor cover through its e-insurance platform.
Regency Alliance Insurance
★★★★☆
Third-party, Third-Party Plus, comprehensive
Cover Types
NAICOM general-insurance register, RIC 034 (verified August 2026)
Licence
Dedicated claims section via customer service; no published settlement timelines
Claims
Drivers who want to buy and renew motor cover through a self-service e-insurance portal
Best For
insurer
Type
Pros
- Verified on NAICOM's general-insurance register (RIC 034)
- Established operator with over 20 years in the Nigerian insurance market (company's stated history)
- Dedicated e-insurance platform for buying motor policies online
Cons
- No published claims-settlement statistics or timelines
- Support hours are weekday business hours (9am–5pm Mon–Fri), which can slow weekend queries
- Licence details are not shown on its own homepage — verify on the regulator's register
Fees, eligibility & documents
Fees
PremiumQualitative — request a quote. Third-party motor cover is legally compulsory; comprehensive is priced against your vehicle's value and chosen excess.
Eligibility
- Vehicle owners and registered keepers in Nigeria
- Third-party cover at minimum is required by law
- Comprehensive cover requires the vehicle's declared value
Documents needed
- Vehicle registration details
- Valid driver's licence and means of identification
- Vehicle valuation or declared value for comprehensive cover
How Regency Alliance Insurance compares in car insurance
| Regency Alliance Insurance | Leadway Assurance | NEM Insurance | |
|---|---|---|---|
| Cover Types | Third-party, Third-Party Plus, comprehensive | — | — |
| Licence | NAICOM general-insurance register, RIC 034 (verified August 2026) | — | — |
| Claims | Dedicated claims section via customer service; no published settlement timelines | — | — |
| Best For | Drivers who want to buy and renew motor cover through a self-service e-insurance portal | Reliable claims | Motor cover |
| Visit Regency Alliance → | Get a quote → | Get a quote → |
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