Regency Alliance Insurance Plc, one of Nigeria’s leading insurance companies, has successfully completed its recapitalisation exercise, marking a significant milestone in the company’s growth and transformation journey.

The successful completion of the recapitalisation reinforces the company’s financial strength, enhances its capacity to underwrite larger and more complex risks, and positions the company to pursue new opportunities while delivering sustainable value to its policyholders, shareholders and other stakeholders.

The exercise was undertaken in line with the recapitalisation requirements of the National Insurance Commission (NAICOM) and forms part of the company’s broader strategy to build a stronger, more resilient and future-ready insurance business.

Commenting on the milestone, the Managing Director of Regency Alliance Insurance Plc, Mr. Bode Oseni said: “The successful completion of our recapitalisation is a significant milestone for our company and a strong reflection of the confidence our shareholders and stakeholders have in our vision and future. We are grateful for their support throughout this journey.”

He added: “With a strengthened capital base, we are better positioned to deepen our market presence, enhance our capacity to serve our customers, embrace emerging opportunities and deliver sustainable long-term value. This milestone marks not an end, but the beginning of an even more ambitious chapter for Regency Alliance.”

The recapitalisation further demonstrates Regency Alliance’s commitment to sound corporate governance, regulatory compliance, financial resilience and long-term business sustainability.

Beyond strengthening the company’s capital position, the exercise provides a solid foundation for Regency Alliance to accelerate strategic initiatives across its business, improve customer experience, deepen innovation and technology adoption, and expand its contribution to the development of Nigeria’s insurance industry.

The company remains committed to its purpose of providing dependable insurance solutions that protect individuals, businesses and institutions against financial risks, while continuously evolving to meet the changing needs of its customers.

Regency Alliance Insurance Plc appreciates the National Insurance Commission (NAICOM), its shareholders, customers, employees, professional advisers, regulators and other stakeholders for their confidence, support and co-operation throughout the recapitalisation process.

With this milestone achieved, the company looks forward to the next phase of its journey with renewed strength, greater capacity and an unwavering commitment to excellence.

Guinea Insurance Plc has successfully completed its recapitalisation exercise, with its capital position now above the ₦15 billion minimum capital requirement for non-life insurers, following the conclusion of the verification process by the National Insurance Commission (NAICOM).

The successful completion marks a defining moment in the company’s transformation and positions Guinea Insurance with the financial strength, underwriting capacity and strategic platform to compete more aggressively, pursue larger opportunities and play a leading role in Nigeria’s insurance market.

For Guinea Insurance, recapitalisation is not the destination. It is the platform for growth. The company is now focused on converting its enhanced capital position into greater underwriting capacity, stronger customer propositions, improved service delivery, strategic partnerships and sustainable market growth.

Commenting on the development, the Managing Director/Chief Executive Officer, Mr. Ademola Abidogun, said:

“Recapitalisation has given Guinea Insurance the strength to think bigger, compete harder and pursue opportunities with greater confidence. We have strengthened our capital; now we are focused on strengthening our position in the market.”

He added:

“Nigeria is a market of enormous opportunities, and Guinea Insurance intends to be at the forefront of capturing those opportunities. Whether it is supporting major corporates, SMEs, institutions or individuals, we are ready to provide the capacity, expertise and confidence that businesses need to grow.”

The completion of the recapitalisation also reinforces Guinea Insurance’s ambition to become a more competitive, innovative and customer-focused insurer, with increased capacity to participate in larger risks, develop relevant insurance solutions and deepen its relationships across the insurance value chain.

The company will build on this stronger foundation through disciplined underwriting, technology and innovation, operational excellence, robust risk management and a relentless focus on customer experience. It will also pursue strategic opportunities that expand its market reach and create sustainable value for shareholders and other stakeholders.

According to the company, the objective is clear: to turn capital strength into market strength.

Guinea Insurance expressed its appreciation to its shareholders, investors, policyholders, brokers, employees, business partners, regulators and other stakeholders whose confidence and support contributed to the successful completion of the recapitalisation exercise.

As Guinea Insurance enters its next phase, the company is looking beyond compliance and capital adequacy. It is preparing to compete for bigger opportunities, serve more customers, support more businesses and deliver greater value across the Nigerian economy.

Guinea Insurance is:

VERIFIED.

THE NEXT CHAPTER STARTS NOW.

More strength to build on. More capacity to deploy. More value to deliver.

AXA Mansard Insurance, a member of the AXA Group, has announced the launch of its digital motor insurance inspection process in Nigeria. The solution, powered by Curacel, allows customers to complete required vehicle inspections by submitting photographs of their vehicles through their smartphones.

The process applies to the initiation of comprehensive motor insurance policies, policy renewals, and claims assessments.

‎This new feature further demonstrates AXA’s continued commitment to make the insurance process easy and personalized through digitization. The digital inspection system receives images submitted by customers, scans them through an automated review process, and generates inspection reports that are used within AXA Mansard’s existing underwriting and claims workflow

‎Commenting on the tool, Chizuru Nwankwonta, Chief Technology Officer, AXA Mansard Insurance, said: “At AXA Mansard, we continue to introduce solutions that make insurance processes easier and faster. This digital inspection option reduces the need for physical assessments and offers customers more flexibility in how they complete key steps in their motor insurance journey.”

‎The digital inspection system was developed in collaboration with Curacel, an insurance technology provider whose platform supports image submission, automated screening, and documentation processing. The integration is part of AXA Mansard’s approach to working with external technology partners on specific operational modules.

‎The digital inspection process is currently available nationwide. Customers will be able to access the feature through designated digital channels, including AXA Mansard’s customer platforms and links made available during motor insurance onboarding.

In an attempt to reduce waiting time and ensure prompt access to care at its over 2,000 partner health facilities nationwide, AXA Mansard Health, Nigeria’s leading Health Management Organisation has launched its WhatsApp bot, Karis.

‎By adding Karis to their WhatsApp contact, over three hundred thousand enrollees of AXA Mansard Health will now be able to obtain treatment approvals, confirm authorizations, check their plan status, access plan benefits, purchase health plans, and get prompt assistance during medical emergencies.

‎According to Tope Adeniyi, CEO AXA Mansard Health Limited, this new solution is another way the organisation seeks to express its customer first value. “It is another way we are using to tell our customers that we deeply care about them, and we stop at nothing to ensure access to healthcare is simple, affordable and convenient”, he said.

‎Adeniyi noted that the manual process of authorization before treatment has been a pain point, which could discourage people from wanting to want to go to the hospital. He explained that with Karis, authorization can now be done via a ubiquitous platform like WhatsApp.

‎“With this new solution, our enrollees at the point of care can experience our service speed. Also, they can quickly ask Karis what their plans cover or otherwise, so we have empowered them. They can now search for hospital or specialist healthcare by interacting with Karis. It’s about making healthcare personalised for our customers”, he noted.

‎He added that Karis is not just a tool, but part of a wider vision to ensure healthcare is accessible, personalized, and stress-free for everyone:

‎The introduction of Karis is part of AXA Mansard Health’s broader strategy to harness digital innovation to enhance service delivery and improve the overall customer experience. By streamlining access to healthcare support, the chatbot empowers our enrollees to focus on their well-being rather than be discouraged by the administrative hurdles.

‎Through initiatives like this, AXA Mansard Health continues to lead in digital healthcare solutions, making it easier for more Nigerians to manage their health and access timely care with confidence. “Karis demonstrates our organisation’s commitment to leveraging technology for practical solutions that simplify lives and improve healthcare outcomes”, Adeniyi concluded.

AXA Mansard has partnered with the Lagos State Domestic and Sexual Violence Agency (DSVA) to deepen awareness and prevention of domestic and sexual violence against children through community-based sensitisation campaigns across Lagos.

The initiative forms part of the 2026 AXA Week for Good themed, “Being A Child Shouldn’t Be A Risk,” aimed at improving public enlightenment, encouraging reporting of abuse cases and strengthening child protection mechanisms at the grassroots.

Under the partnership, employee volunteers of AXA Mansard Insurance Plc will embark on door-to-door community engagements in collaboration with the Lagos State Domestic and Sexual Violence Agency, which will provide technical support, training and guidance during the campaign.

The company said the programme builds on the success of its 2025 collaboration with the agency, which focused on school-based interventions to educate children and teachers on domestic and sexual violence.

Chief Marketing Officer of AXA Mansard, Adebola Surakat, said this year’s campaign is targeted at families, parents, caregivers and community leaders because statistics show that most abuse cases occur within homes and among people familiar to children.

According to her, over 60 per cent of domestic and sexual violence cases involving children are linked to people known to them, making community sensitisation critical in tackling the menace.

She said the initiative would cover six communities where volunteers would educate residents on identifying abuse, reporting channels and safe parenting practices.

Surakat noted that AXA Mansard has continued to invest in social advocacy against domestic and sexual violence because organisations must contribute to building safer societies where they operate.

She added that in 2025, about 96 per cent of the company’s employees dedicated at least 30 minutes of their working hours to volunteer activities focused on raising awareness against domestic and sexual violence.

Executive Secretary of the DSVA, Titilola Vivour-Adeniyi, said domestic and sexual violence thrives in silence, ignorance and fear, stressing the need for continuous public education and community engagement.

Vivour-Adeniyi commended AXA Mansard for sustaining the partnership, noting that safeguarding children requires collective action involving government, the private sector and members of the public.

She said taking advocacy directly into communities would empower parents and caregivers with the knowledge needed to identify warning signs, protect vulnerable children and report abuse cases promptly.

AXA Week for Good is the flagship programme under AXA Mansard’s employee volunteering initiative, AXA Hearts in Action, through which employees reportedly contributed over 20,000 volunteer hours in 2025.

The General Counsel and Human Resources Director of AXA Mansard Insurance Plc, Omowunmi Mabel Adewusi, has been honoured with the Lifetime Achievement Award at HR Expo Africa in recognition of her outstanding contributions to the human resources profession and her enduring impact on organisational development and people management.

According to HR Expo Africa, the award recognises her outstanding contributions to the human resources profession and her sustained impact in shaping people-focused strategies and organisational culture over the course of her career.

HR Expo Africa is a leading platform that celebrates excellence in human capital development, recognising individuals and organisations that have demonstrated measurable impact in advancing people management and workplace transformation.

Over the years, Omowunmi has played a significant role in strengthening AXA Mansard’s people strategy through initiatives focused on employee engagement, leadership development, talent retention, and organisational effectiveness. Her leadership has helped build a workplace culture that promotes growth, high performance, inclusion, and employee well-being.

Speaking on the recognition, Adewusi expressed appreciation for the honour, noting that it reflects the collective efforts of AXA Mansard, its people and the leadership’s committed to building strong, productive organisations.

“This recognition reflects the work we are doing in creating environments where people can grow, thrive, contribute meaningfully, and perform at their best. It is a shared achievement across our teams and leaders I have had the privilege to work with throughout my career,” she said.

Also commenting on the award, Chief Executive Officer, AXA Mansard Insurance, Kunle Ahmed, congratulated Adewusi on the recognition, noting that it underscores her immense contribution in engineering the company’s commitment to productive people and healthy culture at AXA Mansard.

“Omowunmi’s leadership has been instrumental in shaping a workplace that supports both performance and wellbeing. We are excited that she’s being recognised internationally for this consistency and her impact in driving business success”, Ahmed, said.

L – R: Tony Elumelu, Chairman, Heirs Life Assurance and Pastor Jerry Eze, Incoming Director, Heirs Life Assurance

Heirs Life Assurance, the specialist life insurance company of Heirs Insurance Group, has appointed Pastor Jerry Eze as an Independent Non-Executive Director on its Board, effective August 10, 2026.

The appointment reinforces Heirs Life Assurance’s commitment to expanding financial inclusion and accelerating insurance adoption by strengthening public trust, consumer education, and long-term financial resilience across Nigeria.

Despite being Africa’s largest economy, Nigeria’s insurance penetration remains below one percent – among the lowest globally – highlighting the need to expand financial protection and build greater public trust in insurance.

As Heirs Life continues to pursue its mission of making insurance accessible to every Nigerian, Eze’s appointment brings a unique perspective on community engagement, value-based leadership, and broad societal impact.

Pastor Jerry Eze is the Founder and Lead Pastor of Streams of Joy International Ministry, a growing multinational ministry with 34 branches across West Africa, Southern Africa, Europe and North America. He is also the convener of the New Season Prophetic Prayers and Declaration (NSPPD), one of the world’s largest digital prayer platforms, reaching millions of people daily.

Through his ministry and humanitarian initiatives, he has become one of Africa’s most influential voices, championing hope, compassion, and community transformation.

Beyond ministry, Eze is the Founder of the Jerry Eze Foundation, a faith-led philanthropy where he provides housing support and grants to vulnerable and underserved communities. In 2026, he announced 1 billion naira in grants to support young entrepreneurs across agriculture, technology, and manufacturing, further advancing enterprise development and economic opportunity.

Before entering full-time ministry, Pastor Jerry Eze built a career in development communications, serving as a Communications Specialist on a World Bank HIV/AIDS programme and with the United Nations Population Fund (UNFPA).

He holds a Bachelor’s degree in History and International Relations from Abia State University and a postgraduate degree in Business Administration from Enugu State University of Science and Technology.

Speaking about the appointment, Tony O. Elumelu, Chairman, Heirs Life Assurance, said: “Pastor Jerry brings an exceptional combination of integrity, influence, and a deep understanding of people and communities. As we continue our mission to democratise access to insurance, his insight will help strengthen consumer trust, deepen financial inclusion, and reinforce our commitment to protecting the financial future of millions of Nigerians. We are delighted to welcome him to the Board of Heirs Life Assurance and the broader family of Heirs Insurance Group.”

Commenting on his appointment, Pastor Jerry Eze said: “I am honoured to join the Board of Heirs Life Assurance at a defining moment for the insurance industry. Financial security empowers individuals, families, and businesses to pursue their aspirations with greater confidence and resilience. I look forward to working with the Board and Management to advance the company’s mission of making insurance more accessible, relevant, and impactful for every Nigerian.”

Heirs Life Assurance has become one of Nigeria’s leading specialist life insurance companies, ranking 7th on the Financial Times list of Africa’s fastest-growing companies. It is one of the three insurance businesses of Heirs Holdings, the leading pan-African investment company, with investments across 24 countries and four continents.

Combining an omni-channel digital presence with physical branches spread across the country, Heirs Life continues to redefine life insurance through innovation, customer-centric solutions, and a commitment to making financial protection accessible to every Nigerian.

Heirs Insurance Group, comprising Heirs Life Assurance, Heirs General Insurance, and Heirs Insurance Brokers, collectively serves over 3 million people directly and indirectly. The Group is championing financial inclusion and leading the digital insurance play in Nigeria, demonstrating its mission to democratise access to insurance.

Historic 30th AGM: L-R: Managing Director/CEO, Mutual Benefits Life Assurance Ltd, Biyi Ashiru-Mobolaji; Managing Director/CEO, Mutual Benefits Assurance Plc, Olufemi Asenuga; Non-Executive Director, Adesoye Olatunji; Company Secretary, Jide Ibitayo and Executive Director (Technical), Mutual Benefits Assurance Plc, Joseph Oladokun at the 30th Annual General Meeting (AGM) of Mutual Benefits Assurance Plc held in Lagos.

Mutual Benefits Assurance Plc has successfully held its 30th Annual General Meeting (AGM), with shareholders approving all resolutions presented at the meeting, reaffirming their confidence in the company’s strategic direction, governance framework and long-term growth agenda.

The milestone meeting, which was convened virtually on Thursday 6 August, 2026 and streamed live to shareholders and stakeholders, was chaired by Mr. Adesoye Olatunji, a member of the Board of Directors, who stood in for the Chairman of the Board, Dr. Akin Ogunbiyi.

In attendance were the Managing Director/CEO, Mr. Femi Asenuga; the Managing Director/CEO, Mutual Benefits Life Assurance Ltd, Mr. Biyi Ashiru-Mobolaji; Executive Director (Technical), Mr. Joseph Oladokun; Company Secretary, Mr. Jide Ibitayo; members of the Board; representatives of the National Insurance Commission (NAICOM), the Securities and Exchange Commission (SEC), Nigerian Exchange Limited (NGX), the Corporate Affairs Commission (CAC), the Company’s external auditors, KPMG Professional Services and the Registrars, Apel Capital Registrars Limited.

At the meeting, shareholders approved all resolutions contained in the Notice of Meeting, including adoption of the Audited Financial Statements for the year ended 31 December 2025, together with the Directors’ Report, the Independent Auditors’ Report and the Report of the Statutory Audit Committee.

Shareholders also approved the declaration of a dividend of 4 kobo per ordinary share of 50 kobo each, amounting to a total dividend payout of ₦802,464,895.88, payable to shareholders. In approving the proposed dividends, the shareholders commended the Board for the dividend payout, which represented a 100% increase over what they received in the prior year.

Addressing shareholders, the Chairman expressed appreciation for their continued trust, loyalty and active participation in the affairs of the company. He noted that the successful conclusion of the 30th AGM reflects Mutual Benefits’ enduring commitment to sound corporate governance, regulatory compliance and sustainable value creation.

He commended the Board, Management and employees for their dedication and contributions to the company’s continued growth and assured shareholders that Mutual Benefits remains focused on delivering long-term value, while strengthening its market position in an evolving insurance landscape.

The successful hosting of the company’s 30th AGM comes at a defining moment for Mutual Benefits following its successful completion of NAICOM’s recapitalisation exercise.

With a stronger capital base, renewed regulatory standing and a clear strategic direction, Mutual Benefits is well positioned to deepen insurance penetration, drive innovation, enhance customer experience and create sustainable value for shareholders and other stakeholders.

As Mutual Benefits enters its next chapter, the company remains committed to building a stronger, more resilient institution that continues to protect lives, businesses and investments while contributing meaningfully to the growth of Nigeria’s insurance industry.

Guided by its brand promise of “Creating and Protecting Wealth,” the company is committed to delivering exceptional value through financial strength, innovation, excellent service and the highest standards of corporate governance.

Leadway Assurance, Nigeria’s foremost insurance services provider and a member of the Leadway Group, said its recapitalised era will be defined not by regulatory compliance but by audacious strategic ambition.

Having successfully completed its recapitalisation exercise under the Nigerian Insurance Industry Reform Act (NIIRA) 2025, the company is accelerating a transformation built for the next decade, one that places digital-first service delivery, expanded capacity, and long-term policyholder commitment at the centre of its next growth trajectory.

For Leadway, meeting the National Insurance Commission’s (NAICOM) revised minimum capital requirements affirms that its business is structurally strong, its strategy is resilient, and its obligation to customers extends well beyond any regulatory cycle.

The strengthened capital base now positions Leadway to underwrite larger and more complex risks, champion financial inclusion at scale, and play an active role in Nigeria’s ambition to build a US$1 trillion economy.

Leadway’s post-recapitalisation roadmap is anchored on three distinct but interconnected growth opportunities. The first is the high net worth individual and premium segment, where growing personal wealth, asset complexity, and lifestyle sophistication are driving demand for tailored, relationship led insurance solutions. Leadway’s deepened capital position enables it to underwrite larger individual exposures and deliver the bespoke service this segment demands.

The second is critical sector and infrastructure coverage, encompassing major public and private sector projects, energy, manufacturing, and large-scale enterprise risk.

With greater underwriting capacity, Leadway is now equipped to anchor complex risk programmes across Nigeria’s most strategically significant industries, serving as the risk backbone for the country’s most consequential investments.

The third is Nigeria’s next generation and a growing population of digitally native, entrepreneurially minded young Nigerians and small business owners who are redefining what they expect from financial services. Leadway is meeting that expectation head on.

For Nigeria’s next generation, it means accessible, mobile-led entry points into insurance for a demographic that expects digital as a baseline. For HNIs and corporate clients, it means seamless, data-driven service with the depth and sophistication their portfolios require. For SMEs and agricultural businesses, it opens a path to affordable, appropriately structured coverage.

Leadway’s digital focus is also directly aligned with the NAICOM Implementation Working Group’s vision of accelerating digitalisation and deepening financial inclusion across the Nigerian insurance sector, a vision Leadway is not merely endorsing but actively building.

Speaking on the company’s direction, MD/CEO of Leadway Assurance, Gboyega Lesi, said: “We have spent the last several years building a business that is technically stronger, digitally tuned, and strategically positioned to serve Nigeria at a level this industry has not seen before. What recapitalisation gives us is the impetus to pursue that ambition at full scale, underwriting the risks that matter to Nigeria’s biggest enterprises, to design products that speak to a generation that will drive this economy for the next generation, and to honour every commitment we have made to our policyholders with the full weight of a well-capitalised institution behind us. Leadway is not entering a new chapter because a regulator asked us to; we are entering it because we are ready.”

Lesi added: “We commend NAICOM for providing a clear, forward-looking regulatory framework, welcome the discipline it demands and the confidence it instils across the market.”

Leadway’s expanded capacity also positions it as a natural partner for national development. With the ability to anchor major risk programmes, support infrastructure projects, and deepen enterprise coverage across finance, energy, agriculture, and technology, Leadway is building the institutional strength required to serve as Nigeria’s insurance backbone as the economy grows.

Across every segment it serves, individual, commercial, and institutional, the message is consistent: the company is here for the long term, and the long term starts now.

About Leadway Assurance

 Leadway Assurance is one of Nigeria’s leading insurance companies, with over 55 years of experience delivering a comprehensive range of financial protection services, including life insurance, general insurance, and diversified financial solutions.

A member of the Leadway Group, the company is committed to innovation, superior service, and long-term value creation for customers, partners, and stakeholders across Nigeria and beyond.

L-R:  Mr. Obinna Chilekezi, Member, Panel of Judges, 2026 Almond Insurance Industry Award; Hakeem Ogunniran, Founder/CEO, Eximia Realty Co Ltd and member, Panel of Judges; Sir Ogala Osoka, Chairman, 2026 Almond Insurance Industry Awards Panel of Judges; Faith Kesiena Ughwode, Chief Executive Officer, Almond Production Limited and Prof Olajide Solomon Fadun, Consultant, Almond Insurance Industry Awards, during the press conference unveiling nominees for the 2026 Almond Insurance Industry Awards which kickstarts the voting process held in Lagos.

The Awards Panel of Judges for the 2026 Almond Insurance Industry Awards led by Sir Ogala Osoka has officially released the names of nominees across the various award categories at a well-attended press conference in Lagos State, thereby declaring the commencement of public voting.

The nomination exercise, which lasted for one month, attracted nominations from insurance and broking firms, corporate organisations, individual clients, government agencies and other stakeholders across the insurance industry.

Following a rigorous screening exercise based strictly on the Awards Criteria, a total of 796 nominations successfully emerged across the various award categories.

While this represents a slight reduction from the 914 nominations received in 2025, the Panel noted that the figure reflects a more refined nomination process and stricter compliance with the Awards Guidelines, ensuring that only deserving individuals and organisations made the final shortlist.

The companies and individuals that made the final cut and emerged as the nominees in this year’s Award categories are:    

GENERAL INSURANCE COMPANY OF THE YEAR   

• REX INSURANCE LIMITED
• LEADWAY ASSURANCE COMPANY LIMITED
• CAPITAL EXPRESS INDEMNITY INSURANCE CO LTD
• CORONATION GENERAL INSURANCE LTD
• FIN INSURANCE COMPANY LTD
• NEM INSURANCE PLC

LIFE INSURANCE COMPANY OF THE YEAR   

• LEADWAY ASSURANCE CO LTD
• CORONATION LIFE ASSURANCE LTD
• CAPITAL EXPRESS ASSURANCE COMPANY LIMITED
• HEIRS LIFE ASSURANCE LIMITED
• STANBIC IBTC LIFE INSURANCE LTD
• MUTUAL BENEFITS LIFE ASSURANCE LTD 

INSURANCE BROKING COMPANY OF THE YEAR   

• SCIB NIGERIA & CO LTD
• ARK INSURANCE BROKERS
• STANBIC IBTC INSURANCE BROKERS
• GLANVILL ENTHOVEN INSURANCE BROKERS
• FBN INSURANCE BROKERS
• HOGG ROBINSON NIGERIA LTD

INSURANCE CEO OF THE YEAR  

• MR GBOYEGA LESI, MD/CEO, LEADWAY ASSURANCE COMPANY LTD
• MRS EBELECHUKWU NWACHUKWU, MD/CEO, REX INSURANCE LTD
• MR STEPHEN ALANGBO, MD/CEO, CORNERSTONE INSURANCE PLC
• MR ADEWALE KOKO, MD/CEO, CAPITAL EXPRESS INDEMNITY INSURANCE LTD
• MR OLAMIDE OLAJOLO, MD/CEO, CORONATION GENERAL INSURANCE LTD
• MRS ADAOBI NWAKUCHE, MD/CEO, VERITAS KAPITAL ASSURANCE PLC

INSURANCE WOMAN OF THE YEAR   

• MRS EBELECHUKWU NWACHUKWU, MD/CEO, REX INSURANCE LIMITED
• DR ADAOBI NWAKUCHE, MD/CEO, VERITAS KAPITAL ASSURANCE PLC
• MRS ADETUTU ARUSIUKA, DEPUTY PRESIDENT CHARTERED INSURANCE INSTITUTE OF NIGERIA (CIIN)
• MRS MUIBAT JIMOH, EXECUTIVE DIRECTOR CORONATION LIFE ASSURANCE LTD
• MRS ABIMBOLA AKINLOYE, HEAD OF UNDERWRITING, CORNERSTONE INSURANCE PLC
• MRS MARY ADEYANJU, MD/CEO, CONSOLIDATED HALLMARK INSURANCE LIMITED 

MICRO INSURANCE COMPANY OF THE YEAR   

• CASAVA MICROINSURANCE LTD
• LIFEGUARD MICROINSURANCE LTD
• PRUDENT CHOICE MICROINSURANCE LTD
• ALLY MICROINSURANCE LTD
• GOXI MICROINSURANCE LTD
• NEW DAWN MICROINSURANCE LTD

TAKAFUL INSURANCE COMPANY OF THE YEAR   

• NOOR TAKAFUL INSURANCE LTD
• HILAL TAKAFUL INSURANCE LTD
• JAIZ TAKAFUL INSURANCE LTD
• CROWN TAKAFUL INSURANCE LTD
• SALAM TAKAFUL INSURANCE LTD

INSURANCE BROKER OF THE YEAR   

• MR SOLANKE OGUNLANA, MD/ CEO, Scib NIGERIA & CO LTD
• MR KAYODE AWOGBORO, MD/CEO, ARK INSURANCE BROKERS LTD
• DR OLASUPO FALANA, MD/CEO, GLANVILL ENTHOVEN INSURANCE BROKERS
• MRS ENITAN SOLARIN, MD/CEO, YOA INSURANCE BROKERS LTD
• MR SAHEED EGBEYEMI, MD/CEO, HOGG ROBINSON NIG LTD
• DR (MRS) FUNMI BABINGTON – ASHAYE, MD/CEO, RISK ANALYST INSURANCE BROKERS LIMITED

MOST VALUABLE INSURANCE CUSTOMER OF THE YEAR   

• DANGOTE GROUP
• NNPC LIMITED
• AIR PEACE LIMITED
• CENTRAL BANK OF NIGERIA (CBN)
• HITECH CONSTRUCTION COMPANY LIMITED
• M. L. LEE GROUP OF COMPANIES
• PRICEWATER HOUSE COOPER NIGERIA (PWC)

Speaking at the press conference in Lagos, the Chairman of the Awards Panel of Judges, Sir Ogala Osoka stated that winners in the various categories will be determined through a combination of public votes (10%), the judges’ assessment (10%) and industry data (80%).

In the continuation of efforts to preserve the credibility and integrity of the awards, the On-Time Password (OTP) verification system introduced during the previous edition will once again be deployed throughout this year’s voting exercise to eliminate duplicate voting.

The Panel therefore encourages nominees, their clients, colleagues and members of the public to participate by casting their votes via the awards website: www.almondinsuranceindustryawards.com   Voting remains FREE and both companies and individual clients are eligible to vote once in each award category.

Voting will close on the 6th of September 2026 to allow the Awards Panel conclude its final assessment ahead of the 2026 Almond Insurance Industry Awards and Consumers’ Nite which will hold at The Stable Event Center, 45, Bode Thomas Street Surulere Lagos on the 6th of November, where the winners will be unveiled in an evening dedicated to celebrating excellence within Nigeria’s insurance industry.   The purpose of the awards remains unchanged: recognising and rewarding the outstanding efforts of the men and women across the different arms of the industry who work tirelessly to promote and sell insurance, often in challenging circumstances, as well as companies leading the change in their operations and delivering value to stakeholders.

Since its inception in 2018, the awards has evolved into the biggest nite on the insurance industry calendar, bringing together industry practitioners, policymakers, corporate leaders, entertainers and the general public for an unforgettable celebration of excellence.

As always, this epoch-making event will feature some of Nigeria’s finest entertainers in music, comedy and dance.