Nigerian Stock Exchange: AIICO

How many employees work at Aiico Insurance?

Aiico Insurance Plc (AIICO) has approximately 493 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Aiico Insurance’s total headcount has grown 15.9% from 426 employees in 2023 to 493 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published 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 493 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 15.9% from 2023 to 2026, up 3.5% year over year in 2026. It fell to a low of 424 in 2023 Q4 before recovering. Its workforce is concentrated most in Sub-Saharan Africa (98.6%), followed by North America (0.7%) and Northern Europe (0.4%).

Aiico Insurance's functional groups are Finance and Operations (49.1%), Engineering (36.8%), and Sales and Marketing (14.1%), with Finance and Operations growing fastest (up 3.1%). The average salary is $13,269, ranging from a median of $76,000 in Northern Europe to $10,000 in Sub-Saharan Africa, down 1.9% year over year in 2026.

Aiico Insurance's hiring activity held steady in 2026. Overall employee sentiment is positive and improving.

Sourced from Revelio Labs workforce data.

Ticker
Nigerian Stock Exchange: AIICO
Headquarters
Lagos, Nigeria
Founded
1963
Industry
Financial Services
Employees
493
YoY
+3.5% (+34)

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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 493 employees in 2026, a 3.5% increase (+34) from 2025.
  • Aiico Insurance had 495 employees in 2025, a 6.4% increase (+49) from 2024.
  • Aiico Insurance had 446 employees in 2024, a 2.8% increase (+22) from 2023.
  • Aiico Insurance had 424 employees in 2023, a 2.8% increase (+6) from 2022.

Aiico Insurance's total workforce has grown from 426 employees in 2023 to 493 in 2026.

Aiico Insurance Plc quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q1493+34+3.5%
2025Q4495+49+6.4%
2025Q3476+37+6.5%
2025Q2471+35+6.0%
2025Q1459+31+4.7%
2024Q4446+22+2.8%
2024Q3439+12+2.2%
2024Q2436+10+2.4%
2024Q1428+8+2.1%
2023Q4424+6+2.8%
2023Q3427+13+2.6%
2023Q2426+6+1.9%

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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 Africa48298.6%
North America40.7%
Northern Europe20.4%
Arab States00.1%
Pacific Islands00.1%
South Asia00.0%
Southern Europe00.0%
Eastern Europe00.0%
Central America and the Caribbean00.0%
Western Europe00.0%

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Aiico Insurance Employee Count by Department (2026)

Aiico Insurance's employee groups are Finance and Operations (49.1%), Engineering (36.8%), and Sales and Marketing (14.1%).

Aiico Insurance employees by department

DepartmentEmployees% of Total
Finance and Operations24249.1%
Engineering18136.8%
Sales and Marketing6914.1%

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Aiico Insurance Employee Salary by Region (2026)

Aiico Insurance's average employee salary is $13,269 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 5.7x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $10,000.

Aiico Insurance median employee salary by region (USD)

RegionMedian Salary
Northern Europe$76,000
North America$41,000
Sub-Saharan Africa$10,000

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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 positive and has improved 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 3.5% to 493 employees, up from 459 in 2025.
See the full headcount history
Where are Aiico Insurance employees located?
Most Aiico Insurance employees are based in Sub-Saharan Africa (98.6% 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 $13.3k 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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