Monday, May 4, 2026
32.1 C
Lagos

AIICO Earns Double Honours at 2024 Almond Insurance Industry Awards

L-R: Ademola Adenekan, Award Presenter, Titilola Ajigbotafe and Oluyemi Obakin

At the 2024 Almond Insurance Industry Awards, AIICO Insurance Plc claimed two of the evening’s most prestigious honours: ‘Life Insurance Company of the Year’ and the highly sought-after ‘Insurance Chief Executive Officer (CEO) of the Year’ for Mr. Babatunde Fajemirokun, the company’s MD/CEO.

The awards ceremony, which celebrated exceptional achievements within Nigeria’s insurance sector, featured a night of glamour, entertainment, and special performances.

For the second consecutive year, AIICO Insurance Plc was recognised as the Life Insurance Company of the Year, a category judged on rigorous criteria including; financial strength, premium growth, customer service excellence, CSR, and speed in claims settlement.

This win further establishes AIICO’s standing as a leader in the life insurance sector, consistently demonstrating strong financial performance, brand impact, and innovative products tailored to the Nigerian market.

Mr. Babatunde Fajemirokun’s award as Insurance CEO of the Year recognised his exceptional leadership, strategic direction, and dedication to AIICO’s success.

With years of industry experience, Fajemirokun has driven innovative approaches that have strengthened AIICO’s market position and influenced the broader industry. Candidates for this award were evaluated based on length of service, company performance, and innovations in their company and the industry.

AIICO Insurance Plc, one of Nigeria’s leading insurance companies, has long been noted for its customer-centric approach and unwavering commitment to excellence. The double win reflects AIICO’s sustained contributions to the insurance sector and its positive impact on clients and the industry alike.

AIICO Insurance is a leading composite insurer in Nigeria, with a 60-year record of accomplishment in delivering quality service to its clients.

Founded in 1963, AIICO provides life and general insurance, health insurance, and investment management services to create and protect wealth for individuals, families, and corporate customers.

spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Bank PMI: Business Activity Continues to Rise, But Higher Fuel Costs Limit Growth

The Nigerian private sector remained in growth territory at...

Niger Delta Economic & Investment Summit 2026: Fubara, Stakeholders Discuss Strategies in PH

The Executive Governor of Rivers State, Sir Sim Fubara...

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

Sovereign Trust Insurance Set for Market Leadership via N5bn Rights Issue

Sovereign Trust Insurance Plc has completed the structuring phase...

All Set for Ecobank 2026 National Schools’ Team Chess Championship

L–R: Austen Osokpor, Head, Marketing and Corporate Communications, Ecobank...

Topics

#EndSARS: How Insurers Settled N4bn Claims to 2000 Firms

The #EndSARS protest that took place last year turned...

NCC Holds Stakeholder Engagement on Spectrum Roadmap 2026-2030

L-R: Deputy Director, Huawei Business Environment/Affairs Nigeria, Dr. Nihinlola ...

Consolidated Hallmark Insurance Plc

Mr. Eddie Efekoha (MD/CEO- Centre) From left – Dotun Adeogun,...

Nigeria Secures Permanent Seat on the Board of African Central Bank

During the just-concluded 39th Session of the Executive Council...

10 Years in Media Monitoring and Intelligence Profession: Lessons Learned

  As a media monitoring and intelligence professional, I have...

Chinese Dominance Worries Nigeria’s Textile Traders

Nafiu Badaru, a junior civil servant in northern Nigeria's biggest city Kano, doesn't make much money and it takes some cash to look good so he tends to buy Made-in-China fabric."A piece of high-quality brocade (cloth) costs around 10,000 naira ($50, 47 euros), which is way too expensive for me," he told AFP. "With the same amount of money, I can buy six pieces of cheap Chinese brocade which cost only 1,500 Naira a piece and still keep some change."The proliferation of Chinese-made textiles is a boon for consumers like Nafiu, with Kano and the wider North struggling with unemployment and economic constraints. Click here to make a lazy tweet.
spot_img

Related Articles

Popular Categories

spot_imgspot_img