Tuesday, September 23, 2025
26 C
Lagos

Irukwu, Mutual, Stanbic Pension, NEM Win NAIPCO Awards

A total of 23 outstanding insurance and pension operators as well as the insurance and Pension regulators won the 2017 National Association of Insurance and Pension Correspondents (NAIPCO) Awards for their outstanding performance in their respective sectors.

At the 2nd NAIPCO National Conference, which took place in Lagos, the National Insurance Commission (NAICOM), National Pension Commission (PenCom) and Pension Transitional Arrangement Directorate (PTAD) were given recognition Awards for discharging their duties creditably well, while the Recognition Award for the Best Insurance and Pension Consumer of the Year went to Lagos State Government.

Prof. Joe Irukwu, Mr. Fola Daniel and Lady Prisca Soares won Awards for legendary contributions to the growth of insurance industry, even as pioneer Director-General of PenCom, Muhammad Ahmad was awarded for his legendary contributions to the growth of the pension industry.

Recognition Award for the Best Insurance Company of the Year went to Leadway Assurance Company Limited even as Recognition Award for the Most Innovative and Creative Insurance Company went to Mutual Benefits Assurance Plc.

While Stanbic IBTC Pension Managers Limited got the Best Pension Fund Administrator the Year award, its Managing Director, Mr. Eric Fajemisin, won the Pension CEO of the Year award.

Recognition award for the Fastest Growing Pension Fund Administrator went to IEI-Anchor Pension Managers Limited, with Recognition Award for the Insurance CEO of the year going to the Managing Director, Leadway Assurance Company Limited, Mr. Oye Hassan–Odukale, even as the Most Media Friendly Insurance Company award went to Niger Insurance​ Plc.

Moreover, FBN Insurance Company Limited won the Fastest Growing Insurance Company Award while Boff and Co Insurance Brokers won the Most Media friendly Insurance Broker award, with FBN Insurance Brokers Limited winning the Best Insurance Broker of the Year award.

NEM Insurance Plc got Recognition award for its Iaudable investment in Infrastructural development, while Custodian and Allied Plc won Insurance Consolidation of the Decade Award.

Recognition award for invaluable investment in the Insurance and pension sectors went to Chief Dele Fajemirokun even as recognition award for Insurance Agent of the year went to Asekunowo Sola Helen of Leadway Assurance Company.

Speaking at the event, NAIPCO President, Mrs. Omobola Tolu-Kusimo, said the awardees were chosen after rigorous research and investigation into their financial performance and regulatory compliance of the benefiting companies.

Their performance in terms of balance sheet size, Premium income, Return on Investment, Pension Assets Under Management( for pension fund operators, clientele base and profitability, she said, were taken into consideration when choosing the winners.

The individuals awarded, she added, have contributed to the growth and development of the sectors they play in through investment and advocacy. She equally implored other companies to improve their services to be among the winners next year, urging the awardees not to rest on their oars, but to performance better than what they did in the current year.

The more viable companies we have in both insurance and pension sectors, the better for the economy, as the two sectors will contribute more to the Gross Domestic Product (GDP) of the country, she said.

spot_img
spot_img

Hot this week

NCDMB ES: African Nations Must Collaborate to Develop Oil Sector

Close partnership and collaboration among African oil and gas...

NCDMB Boss Commends West African Ventures, Seeks Investment in Deepwater Operations

The Executive Secretary of the Nigerian Content Development and...

Ecobank Design & Build Expo: Global & Local Giants to Showcase Cutting-Edge Products in Lagos

Leading global and local brands in the building, design,...

Fidelity FNITCC Confab: Atlanta Mayor Highlights Economic Ties with Africa

L – R: Managing Director/Chief Executive Officer, Fidelity Bank...

HRM Igwe Maduagwuna of Awba-Ofemili Commends The Village Priest Author, Remmy Nweke

His Royal Majesty, Igwe Ezekwesili Maduagwuna, Ofemili I of...

Topics

Stanbic IBTC Bank, Tillit MSME Microservices to Empower Healthcare SMEs in Nigeria

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings,...

NSE Set to Host ‘Building African Financial Markets’ Seminar

The Nigerian Stock Exchange (NSE), in conjunction with the...

CBN’s Guidelines to Banks on Dividend: Any Cause for Concern?

On the 31st of January, 2017, the Central Bank...

Temenos Wins ‘Best Digital Banking Solution’ in Africa Award

Temenos, the banking software company, has become the first vendor...

African Dev Bank Wins Industry Gong for Pioneering 2019 Social Bond Issue

  Dr. Akinwunmi Adesina President African Development Bank The African Development Bank received...

NAICOM Chief, Segun Omosehin, Hosts Nigerian Factoring Group

The CFI/CEO of NAICOM, Mr. Segun Omosehin recently hosted...

Stanbic IBTC Enhances Intercontinental Trade, Holds Africa-China Trade Expo

Stanbic IBTC Holdings, a member of Standard Bank Group,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img