Nigerian Stock Exchange: AIICO

How many employees work at Aiico Insurance?

Aiico Insurance Plc (AIICO) has approximately 499 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Aiico Insurance’s total headcount has grown 11.7% from 447 employees in 2023 to 499 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published August 2026

Is Aiico Insurance hiring right now?

Yes, Aiico Insurance is actively hiring. Aiico Insurance had 6 active job postings in 2026, a 0.0% no change from 2025 see job openings & hiring trends.

About Aiico Insurance’s Workforce

Aiico Insurance Plc (AIICO) is a Financial Services company that employs 499 people worldwide as of March 2026. It is the 10th-largest by headcount among its peers. Founded in 1963, the company is headquartered in Lagos, Nigeria and trades on the Nigerian Stock Exchange.

Aiico Insurance's workforce has grown 11.7% from 2023 to 2026, up 2.6% year over year in 2026. Its workforce is concentrated most in Sub-Saharan Africa (98.5%), followed by North America (0.9%) and Northern Europe (0.4%).

Aiico Insurance's functional groups are Finance and Operations (47.4%), Engineering (37.4%), and Sales and Marketing (15.1%), with Engineering growing fastest (up 2.2%). The average salary is $13,147, ranging from a median of $71,000 in Northern Europe to $11,000 in Sub-Saharan Africa, down 1.1% year over year in 2026.

Aiico Insurance's hiring activity held steady in 2026. Overall employee sentiment is neutral but declining.

Sourced from Revelio Labs workforce data.

Ticker
Nigerian Stock Exchange: AIICO
Headquarters
Lagos, Nigeria
Founded
1963
Industry
Financial Services
Employees
499
YoY
+2.6% (+27)

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Aiico Insurance Annual Employee Count (2023-2026)

Interactive chart of Aiico Insurance annual worldwide employee count from 2023 to 2026.
  • Aiico Insurance had 499 employees in 2026, a 2.6% increase (+27) from 2025.
  • Aiico Insurance had 501 employees in 2025, a 4.8% increase (+38) from 2024.
  • Aiico Insurance had 463 employees in 2024, a 2.2% increase (+16) from 2023.
  • Aiico Insurance had 447 employees in 2023, a 2.0% increase (+6) from 2022.

Aiico Insurance's total workforce has grown from 447 employees in 2023 to 499 in 2026.

Aiico Insurance Plc quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q1499+27+2.6%
2025Q4501+38+4.8%
2025Q3487+29+5.0%
2025Q2484+30+4.7%
2025Q1472+24+3.5%
2024Q4463+16+2.2%
2024Q3458+10+1.8%
2024Q2454+7+2.0%
2024Q1448+5+1.6%
2023Q4447+6+2.0%
2023Q3448+10+1.6%
2023Q2447+4+1.0%

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Aiico Insurance Employee Count by Region (2026)

Sub-Saharan Africa accounts for the largest share of Aiico Insurance's global workforce with approximately 99% of total employees, followed by North America and Northern Europe.

Aiico Insurance employees by region

RegionEmployees% of Total
Sub-Saharan Africa48898.5%
North America40.9%
Northern Europe20.4%
Arab States10.2%
Pacific Islands00.0%
South Asia00.0%
Southern Europe00.0%
Southeast Asia00.0%
Western Europe00.0%
Eastern Europe00.0%

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Aiico Insurance Employee Count by Department (2026)

Aiico Insurance's employee groups are Finance and Operations (47.4%), Engineering (37.4%), and Sales and Marketing (15.1%).

Aiico Insurance employees by department

DepartmentEmployees% of Total
Finance and Operations23647.4%
Engineering18637.4%
Sales and Marketing7515.1%

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Aiico Insurance Employee Salary by Region (2026)

Aiico Insurance's average employee salary is $13,147 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 5.4x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $11,000.

Aiico Insurance median employee salary by region (USD)

RegionMedian Salary
Northern Europe$71,000
North America$49,000
Arab States$43,000
Western Europe$43,000
Sub-Saharan Africa$11,000

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Aiico Insurance Job Openings and Hiring Trends (2023-2026)

Interactive chart of Aiico Insurance annual active job postings from 2023 to 2026.
  • Aiico Insurance had 6 active job postings in 2026, a 0% no change (+1) from 2025.
  • Aiico Insurance had 5 active job postings in 2025, a 75.0% decline (-6) from 2024.
  • Aiico Insurance had 11 active job postings in 2024, a 9.5% increase (+1) from 2023.
  • Aiico Insurance had 10 active job postings in 2023, a 66.7% increase from 2022.
  • Hiring velocity in 2026: 3 new roles/month, down from 5 in 2025 and 9 in 2024.

Aiico Insurance's hiring activity held steady in 2026.

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Aiico Insurance Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across Aiico Insurance's workforce based on public professional data. Overall sentiment is neutral and has declined year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About Aiico Insurance

How fast is Aiico Insurance growing?
In 2026, Aiico Insurance's headcount grew 2.6% to 499 employees, up from 472 in 2025.
See the full headcount history
Where are Aiico Insurance employees located?
Most Aiico Insurance employees are based in Sub-Saharan Africa (98.5% of headcount), followed by North America and Northern Europe.
Explore where the workforce is based
What is the average salary at Aiico Insurance?
The average employee salary at Aiico Insurance is approximately $13.1k per year.
Analyze the salary distribution
How many new job postings does Aiico Insurance open per year?
In Q1 2026, Aiico Insurance opened 10 new job postings. In 2025, Aiico Insurance opened 64 new job postings — about 5 per month.
Track hiring trends by role
When was Aiico Insurance founded and where is it headquartered?
Aiico Insurance was founded in 1963 and is headquartered in Lagos, Nigeria.
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