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Great Nigeria Insurance Targets Sustainable Performance, Profitability in 2022

Great Nigeria Insurance Plc is a composite underwriting firm licensed to underwrite both life and non-life insurance businesses with over 60 years’ experience in the Nigerian insurance industry.

In 2022, Great Nigeria Insurance Plc has reiterated its unflinching commitment to sustainable initiatives geared at ensuring greater performance and profitability.

During the annual thanksgiving and praise offering at the first working day meeting of the year held at the organisation’s head office located on 8, Omo-Osagie Street, Off Awolowo Road, Ikoyi, Lagos, commitment to improved performance for profitability was the major focus of the discussion.

The company’s performance and challenges faced in 2021 formed part of the highlights of the session. Also, the critical and holistic analysis of the operating environment was done.

The Managing Director/CEO, Mrs. Cecilia O. Osipitan in her New Year address appreciated all members of staff for their staunchness and performance in the past year. She also urged her colleagues in management to bring to fore an unrelenting commitment and dedication in ensuring that the targets set for 2022 are met and surpassed.

While addressing the workforce she appealed to them not to relent in their quest of making the GNI Plc brand the most preferred and patronised brand in the insurance industry in Nigeria. She urged everyone to prioritise accomplishment as the watchword for the organisation’s operations in 2022.

She also announced the result of the half year appraisal exercise which according to her is in tune with the organisation’s resolve to always recognise and reward outstanding performance.

The details of the appraisal exercise showed that sixteen employees were elevated in different cadres of the organisation to higher positions of responsibility while 13 members of staff received their employment confirmation owing to a satisfactory performance during their probationary period.

In her words, Cecilia said, “our greatest asset is the Human Capital which we have recognised as the key success factor in organisational growth and survival, hence we will keep motivating our employees through a continuous reward process so that they can perform at their optimal level at all times.”

In the statement made available to the media, the organisation’s theme of the year was ‘2022: Our Year of Phenomenal Growth and Profitability’, which espoused on the need to consolidate on the gains of the past years while also re-strategising on how to make the business more profitable, whilst providing customer-focused solutions to the insuring public in the new year.

Great Nigeria Insurance Plc has over the years demonstrated commitment to maintaining a leading position in the insurance industry in Nigeria with its branch network spread strategically across the country.

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