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Nigeria
Insurer profile · Nigeria

Turaco Insurance in Nigeria

Licence, claims and complaints

Short answerChecked 31 October 2026
In Nigeria, Turaco operates through 1 company on the NAICOM list (NAICOM notices of 31 July and 13 August 2026; takaful and microinsurance lists retrieved 31 October 2026): Turaco Microinsurance Company Ltd (microinsurance companies). Each company is licensed on its own. Before you buy, check the company on NAICOM's lists of licensed insurers (and on its July and August 2026 notices of companies that met the new capital requirements), and verify a motor certificate on askniid.org or by dialling *565*11#. You have the choice: compare Turaco with the other licensed insurers before you sign.
Microinsurance companiesLicensed by NAICOM · official list (NAICOM notices of 31 July and 13 August 2026; takaful and microinsurance lists retrieved 31 October 2026)
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On this page · 5 sections
  1. Turaco company licensed in Nigeria
  2. Before you buy from Turaco in Nigeria
  3. Turaco in other African countries
  4. FAQ
  5. Sources

Turaco company licensed in Nigeria

CompanyLicensed as
Turaco Microinsurance Company LtdMicroinsurance companies

Source: NAICOM, Insurance and reinsurance companies compliant with the minimum capital requirements under NIIRA 2025 (NAICOM notices of 31 July and 13 August 2026; takaful and microinsurance lists retrieved 31 October 2026). Names are reproduced as the regulator lists them. A licence is not a rating: it means the company may sell insurance in Nigeria.

Before you buy from Turaco in Nigeria

  1. Check that the policy is issued by one of the companies above — the licensed entity, not only the brand.
  2. For motor cover, check the company on NAICOM's lists of licensed insurers (and on its July and August 2026 notices of companies that met the new capital requirements), and verify a motor certificate on askniid.org or by dialling *565*11#.
  3. Ask for the schedule and the exclusions in writing, and compare them with at least one other insurer.
  4. Keep in mind the claim rule that applies to every insurer: NAICOM's circular of 6 March 2025 directs insurers to settle genuine claims promptly and to dispense with documents that are not fundamental to the loss, so ask the insurer for its claims timeline in writing and keep copies of everything you send.
  5. If something goes wrong, complain to the insurer in writing, then to NAICOM (complaints@naicom.gov.ng, or the complaint form on naicom.gov.ng), which aims to resolve simple complaints in 7 days and complex ones in 90 days.

The rules above come from our guides: licensed insurers and how to complain.

Turaco in other African countries

CountryLicensed companies
KenyaTuraco Microinsurance Limited
UgandaTuraco Micro Insurance Company Ltd
GhanaTuraco Inclusive Ghana Limited Company

Companies that share a brand are separate legal entities, each licensed by its own country's regulator: a policy bought in one country is handled by that country's company.

Tulinde is independent and not affiliated with Turaco. Brand names belong to their owners.

Frequently asked questions

Is Turaco licensed in Nigeria?

Yes. 1 Turaco company appears on the NAICOM list (NAICOM notices of 31 July and 13 August 2026; takaful and microinsurance lists retrieved 31 October 2026): Turaco Microinsurance Company Ltd.

How do I complain about Turaco in Nigeria?

Write to Turaco first; if it does not settle, complain to the insurer in writing, then to NAICOM (complaints@naicom.gov.ng, or the complaint form on naicom.gov.ng), which aims to resolve simple complaints in 7 days and complex ones in 90 days.

How long does Turaco have to pay a claim in Nigeria?

The same rule applies to every insurer in Nigeria: NAICOM's circular of 6 March 2025 directs insurers to settle genuine claims promptly and to dispense with documents that are not fundamental to the loss, so ask the insurer for its claims timeline in writing and keep copies of everything you send.

Sources

  1. NAICOM — Insurance and reinsurance companies compliant with the minimum capital requirements under NIIRA 2025
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Regulator in Nigeria: NAICOM

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Turaco Insurance Nigeria: licence, claims, complaints | Tulinde