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Ecobank and Leadway Partners, Expanding Insurance Access in Nigeria

Banking and Insurance

BusinessHonor - Ecobank & Leadway Team Up to Broaden Insurance Access

Business Honor
12 August, 2025

Ecobank and Leadway Assurance partner to offer accessible insurance services through a number of bank branches and online platforms.

Ecobank Nigeria Limited and Leadway Assurance have partnered to improve access to insurance services for citizens worldwide. Customers of Ecobank will be able to find a number of insurance options, like life, health, auto, and home coverage, directly through the bank's worldwide network due to this new banking system. Both businesses aim to reduce the difference in insurance coverage worldwide by incorporating insurance into regular financial operations.

Ecobank, has a great foundation to offer these services with more than 250 branches, 50,000 banking agency locations, and various online platforms. Some branches of banks will make it easy for customers to find insurance plans, and skilled employees will help them understand all of the options. Term life insurance policies, personal accident plans, and group life insurance are also some of the options offered.

The aim of the partnership, as stated by Kikelomo Fischer, Director of Sales, Retail, and relationship at Leadway, is to make insurance more accessible and simple. “We're providing security closer to individuals when and where they need it most by partnering with Ecobank and using their vast reach. In order to address Nigerians insurance gap.”

Adeola Ogunyemi, Ecobank's Head of Distribution Channels and Sales for Consumer and Commercial Banking, stated that this partnership offers customers more value. "In addition to their usual financial services, our customers can now access personalized insurance schemes." Through Ecobank's offices, mobile platforms, and direct communication methods, this partnership will also carry out awareness attempts to support customers in understanding and accepting these offers. In order to help more Nigerians obtain vital safety services, this action marks an important move toward integrating financial and insurance services.