How many employees work at Aiico Insurance?
Aiico Insurance Plc (AIICO) has approximately 623 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Aiico Insurance's total headcount has grown 6.0% from 588 employees in 2023 to 623 in 2026.
Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 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 623 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 6% from 2023 to 2026, totaling 623 in March 2026, up 3.7% year over year in 2026. It rose after a low of 581 in 2023 Q4, with Nigeria as its fastest-growing location, rising 1.9%. The geographic distribution shows Nigeria accounting for 98.2% of staff, followed by Canada at 0.4% and the United States at 0.3%.
Aiico Insurance's largest groups are Finance and Operations, Engineering, and Sales and Marketing, comprising 44.9%, 38.5%, and 16.6% of headcount respectively, with Engineering the fastest-growing at 4.7%. The average tenure is 4.4 years, and the average salary is $13,084. Regional pay shows a median of $76,000 in Northern Europe, with Sub-Saharan Africa at a median of $11,000.
Aiico Insurance's hiring activity held steady in 2026, with postings year over year flat in the latest quarter. The company posted 6 openings most recently, and hiring velocity by year shows 3 postings per month in 2026, 5 per month in 2025, 9 per month in 2024, and 5 per month in 2023. Overall employee sentiment is neutral and flat.
Sourced from Revelio Labs workforce data.
As of March 2026
Aiico Insurance
workforce metrics
Headcount
623
3.7% YoY
Avg. Salary
$13.1k
0.8% YoY
Tenure
4.4yr
0.3yr YoY
Growth Rate
3.7%
0.8pts YoY
Hiring Rate
Attrition Rate
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Aiico Insurance. Compare to peers, export the dataset, and access the full quarterly history.
- Aiico Insurance had 623 employees in 2026, a 3.7% increase (+22) from 2025.
- Aiico Insurance had 626 employees in 2025, a 4.8% increase (+29) from 2024.
- Aiico Insurance had 597 employees in 2024, a 2.6% increase (+16) from 2023.
- Aiico Insurance had 581 employees in 2023, a 0.8% decline (-5) from 2022.
Aiico Insurance's total workforce has grown from 588 employees in 2023 to 623 in 2026.
Aiico Insurance Plc — quarterly employee count (2023–2026)
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 623 | +22 | +3.7% |
| 2025 | Q4 | 626 | +29 | +4.8% |
| 2025 | Q3 | 611 | +13 | +2.2% |
| 2025 | Q2 | 611 | +19 | +3.1% |
| 2025 | Q1 | 601 | +18 | +2.9% |
| 2024 | Q4 | 597 | +16 | +2.6% |
| 2024 | Q3 | 598 | +7 | +1.1% |
| 2024 | Q2 | 592 | +4 | +0.7% |
| 2024 | Q1 | 583 | -2 | -0.2% |
| 2023 | Q4 | 581 | -5 | -0.8% |
| 2023 | Q3 | 591 | +4 | +0.6% |
| 2023 | Q2 | 588 | -7 | -1.2% |
Want to see Aiico Insurance's complete headcount history back to 2008, including quarterly breakdowns?
Nigeria accounts for the largest share of Aiico Insurance's global workforce with approximately 98% of total employees, followed by Canada and the United States. Aiico Insurance's headcount in Nigeria is growing fastest among its major locations, up 1.9% year over year in 2026.
Aiico Insurance employees by country — 2026
| Country | Employees | % of Total | YoY % |
|---|---|---|---|
| Nigeria | 624 | 98.2% | +1.9% |
| Canada | 3 | 0.4% | +0.0% |
| United States | 2 | 0.3% | +0.0% |
| United Kingdom | 2 | 0.3% | +0.0% |
| Malawi | 1 | 0.1% | +0.0% |
| United Arab Emirates | 1 | 0.1% | +0.0% |
| Iceland | 1 | 0.1% | +0.0% |
| Kuwait | 0 | 0.1% | +0.0% |
| South Africa | 0 | 0.1% | +0.0% |
| Kenya | 0 | 0.1% | +0.0% |
Drill into city-level data, hiring trends by region and historic geographic shifts
Aiico Insurance's largest employee groups are Finance and Operations (44.9%), Engineering (38.5%), and Sales and Marketing (16.6%).
Aiico Insurance employees by department — 2026
| Department | Employees | % of Total | YoY % |
|---|---|---|---|
| Finance and Operations | 285 | 44.9% | +1.0% |
| Engineering | 244 | 38.5% | +4.7% |
| Sales and Marketing | 105 | 16.6% | -2.5% |
Compare Aiico Insurance's department mix to industry peers.
Aiico Insurance's average employee salary is $13,084 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 5.8x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $11,000.
Aiico Insurance median employee salary by region — 2026 (USD)
| Region | Median Salary |
|---|---|
| Northern Europe | $76,000 |
| Northern America | $45,000 |
| Western Europe | $43,000 |
| Arab States | $43,000 |
| Sub-Saharan Africa | $11,000 |
Unlock salary by role, level, and city — and compare to Aiico Insurance's industry peers.
- 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. New metric
Aiico Insurance's hiring activity held steady in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Revelio Labs tracks employee sentiment across Aiico Insurance's workforce based on public professional data. Overall sentiment is neutral and has held steady year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Similar Financial Services Companies by Employee Count
- How fast is Aiico Insurance growing?
- In 2026, Aiico Insurance's headcount grew 3.7% to 623 employees, up from 601 in 2025.
- Where are Aiico Insurance employees located?
- Most Aiico Insurance employees are based in Nigeria (98.2% of headcount), followed by Canada and the United States.
- What is the average salary at Aiico Insurance?
- The average employee salary at Aiico Insurance is approximately $13.1k per year.
- How many people does Aiico Insurance hire per year?
- In 2026, Aiico Insurance opened roughly 36 new roles — about 3 per month.
- 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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