He studied Business Administration at the University of Lagos and he is an alumnus of Lagos Business School. He started his insurance career in 1975 at the then Guardian Royal Exchange Assurance Company Ltd. Prince Soyewo received several specialist trainings in insurance & management both in Nigeria and abroad. He established Sammy-Sun & Co. Insurance & Management Consultants (1981) and later Prestige Insurance Brokers Ltd. in 1988. For over 40years now, Dr. Soyewo has been actively involved in Insurance business.

He is a past president of The Nigerian Council of Registered Insurance Brokers (the regulatory body for all registered insurance brokers) and currently chairman, African Insurance Brokers Association (AIBA). He is also a Fellow of both the Institute of Directors (IOD) and the Nigerian Institute of Management (NIM). He received in June 2006, Honorary Doctorate Degree in Business Administration of the Emmanuel University, North Carolina, USA. He has delivered papers at several insurance and management seminars and workshops. He is the Author of a book: Insurance Broking in Nigeria, the first authoritative book on insurance broking by a Nigeria Insurance Practitioner. He is a recipient of the Nigerian National Honours Award of MFR in 2011. He is happily married and blessed with children and grandchildren