Business Journal


NEM, AIICO, Dangote Group Shine at Insurance Industry Nite of Honours

The 2023 Almond Insurance Industry Awards and Consumers’ Nite aptly tagged #Rewarding Excellence was held over the weekend in Lagos.

The high-octane event drew dignitaries from within and outside the insurance industry.

The Awards Nite kicked off with comedy and musical performances from a list artiste like Harry Songs, Skales, Mr. Real, Ill Bliss and a host of others who ensured guest were on their toes.

The likes of Mr. Paul, Brain-Jotter, Short Family and others also cracked up guest at the event. The Almond Awards which was conducted via online voting over a period of six months started with calls for nomination from operators and the insuring public all the way to selection by the Award Panel of Judges before the final voting process and short listing of eventual winners.

Speaking at the Award Ceremony, the Chairman of the 2023 Award Panel of Judges, Ms. Prisca Soares said their duty was to ensure fairness and integrity of the process and she and her members did their best. According to her, the response from the general public and the industry was encouraging as over 1,797 people voted for nominees in the Seven Categories.

Six individuals selected and voted by the Awards Panel of Judges based on their understanding of the Nigerian market were also honoured for their excellent contribution to their companies and the insurance industry in general.

At the end of the Nite, AXA Mansard emerged General Insurance Company of the Year, while AIICO Insurance clinched the Life Insurance Company of the Year. Scib Nigeria & Co won Insurance Broking Company of the Year whilst Shola Tinubu won Insurance Broker of the Year.

Mr. Tope Smart, GMD, NEM Insurance Plc (Now Chairman) won CEO of the Year and Lawrence Nazare of Continental Reinsurance Plc won Reinsurance CEO of the Year. Noor Takaful emerged as Takaful Company of the Year and Dangote Group of Companies won Most Valuable Insurance Customer of the Year.

Insurance Life Achievers Awards went to Mr. Oye Hassan – Odukale, Mr. Wole Oshin and Mr. Eddie Efekoha for their contributions to the companies they led and the industry in general.

On the broking side, Mr. Shola Tinubu, Mr. Amos Adeyeye and Chief Babajide Agbeja were honoured for their contributions to the growth and development of the broking profession.

The organisers also did a short tribute to the Late Insurance ICON, Prof. J.O Irukwu, SAN.

The organisers of the Awards Almond Productions Limited were praised for their thoughtfulness in inviting Guest Presenters from across board. Some of the Guest Presenters at the Awards were Bashorun J.K Randle, Mr. Chris Ubosi, Nigerian Vocalist and Dancer, Yinka Davies and a host of others.

The 2023 edition of the Almond Insurance Industry Awards was by every standard a huge success. The organisers have promised an even bigger and better outing in 2024.


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