The stage is now set for the 2025 Annual Almond Insurance Industry Awards.
This prestigious event celebrates the “Can Do Spirit” of the men and women across the Nigerian insurance industry who continually break barriers to promote insurance, despite prevailing economic and social challenges. While insurance penetration remains relatively low, practitioners continue to make impressive gains.
According to the Nigerian insurance industry report by NAICOM, the industry recorded a Gross Premium Income of over N1.2 trillion as at the end of 2024, a major milestone reflecting resilience and strategic innovation within the sector.
The 2025 Awards tagged #Recharged Edition is in line with the industry renewed focus of raising insurance awareness through focus on enforcement on the compulsory insurances and the regulator’s collaborative efforts with other relevant agencies of government to increase Insurance uptake nationwide.
It will once again bring together policymakers, insurance practitioners, top rated entertainers in music and comedy, members of the paramilitary, and the insuring public, all in an atmosphere of celebration and relaxation.
The 2025 Awards will hold on Friday, November 7th at The Stable Event Place, 45, Bode Thomas Street, Surulere, Lagos.
In response to industry feedback and in line with international standards, some categories were dropped and new ones introduced during the 2024 Awards to align with international standards. The 2025 edition retains this streamlined structure to enhance inclusivity and reflect the evolving dynamics of the Nigerian insurance sector.
The shortlisted categories this year are:
Voting Categories
- Insurance CEO of the Year
- Insurance Woman of the Year (Insurer or Broker)
- Life Insurance Company of the Year
- General Insurance Company of the Year
- Insurance Broker of the Year
- Insurance Broking Company of the Year
- Takaful Company of the Year
- Microinsurance Company of the Year
- Most Valuable Insurance Customer of the Year
(Non-Voting Categories)
- Insurance Life Achievers Award (Insurer or Broker)
- Special Recognition Award 2025 (Within and Outside the Industry)
These categories were thoughtfully curated to reflect the current composition and contributions of stakeholders across the Nigerian insurance sector.
To guarantee integrity and transparency of the Awards, the nomination and voting processes are fully web-based, driven by data and technology.
Nominations officially opened on Friday, May 30th, 2025, and will run for four (4) weeks (30th June, 2025). Nominations and votes can only be submitted via the official website: https://almondinsuranceindustryawards.com. The platform is secure and ensures that only truly deserving individuals and institutions emerge as winners.
We are also pleased to welcome two distinguished professionals to the Awards Judging Panel: Mr. Rotimi Okpaise, a renowned actuary, joins as Vice Chairman and Chief (Mrs.) Jean Chiazor Anishere (SAN), bringing her wealth of experience in the legal profession to bear as a distinguished legal practitioner. They join our respected panel led by: Ms. Prisca Soares, Chairperson and immediate past Secretary General of the African Insurance Organisation (AIO); Dr. Obinna Chilekezie, Insurance Expert/Researcher, and former Head of Research and Statistics at the Nigerian Insurers Association (NIA); Mr. Salami Rasaaq Obomeile, Director, Human Resources & Administration, National Insurance Commission (NAICOM).
We urge members of the public to visit the Awards website to nominate their preferred candidates. Insurers and Brokers are also encouraged to nominate their most loyal clients for the Most Valuable Insurance Customer of the Year Award because customers also deserve recognition and encouragement.
People are often quick to condemn insurance companies, even when claims are settled while other sectors like telecoms and banking are not held to the same standard. If you’ve ever benefited from the workings of Insurance, either as an individual or corporate clients, now is the time to support the Individuals and Insurance Organisations by nominating and voting when the time comes.
This year’s edition, tagged the #Recharged edition, is focused on elevating the Awards experience and redefining its impact.
According to Ms. Faith Ughwode, Chief Executive Officer of Almond Productions Limited, the 2025 Awards will not just recognise excellence but also change the narrative around the insurance industry. “We are redefining key touchpoints, from nomination to voting and final selection, to reflect innovation, credibility and inclusion in every step.”
