Almond Production Unveils Nominees For 2024 Insurance Industry Awards
L-R: Mr. Obinna Chilekezi, Secretary, Panel of Judges; Miss Faith Ughwode, Managing Director/CEO, Almond Production Limited (Almond Global Group); Dr Olajide Fadun, Vice Chairman, Awards Panel of Judges, and Miss Oritsejafor Mercy, Business Development Manager, Almond Production Limited, at the unveiling of nominees for the 2024 Almond Insurance Industry Awards, held at Maison Fahrenheit Hotel, Victoria Island, Lagos on Friday, August 9, 2024.
Almond Production Limited (Almond Global Group) has unveiled nominees for the 2024 Almond Insurance Industry Awards.
Speaking at a press conference today in Lagos to announce the nominees of the eleven categories of the awards, Chairman Awards Panel of Judges Ms. Prisca Soares, said this year’s awards witnessedincrease in participation from Insurance Industry Stakeholders.
“We are convened here today to reveal the nominees in the various categories. I am thrilled by the Industry’s enthusiastic response to this year’s Awards. The meticulous nomination process which spanned over a month saw active participation from Top Management, Corporate Entities, and Individual Clients, all nominating based on the provided criteria.
“This year, we witnessed a significant increase in participation from Insurance Industry Stakeholders. This is evident in the number of nominations we received this year (392) compared to last year’s 101. The 288.12% increase in participation in the nomination process is a testament to the growing recognition and prestige of the Almond Awards within and outside the Insurance Industry.
“Some of the Nominations were not considered due to non-compliance with the criteria. I must say that overall it was well received.
“It is pertinent to inform you that nominees for the various categories went through the mill of due process and screening by the Judges before being Shortlisted for the Voting Process, she said.
The Vice Chairman, Awards Panel of Judges, Dr Olajide Fadun, unveiled the list of nominees thus:
1. INSURANCE CEO OF THE YEAR
- Tunde Fajemirokun (MD/CEO, AIICO Insurance Plc)
- Ebelechukwu Nwanchukwu (MD/CEO, Rex Insurance Limited)
- Olufemi Asenuga (MD/CEO Mutual Benefits Assurance Plc)
- Akinjide Orimolade (MD/CEO Stanbic IBTC Insurance Limited)
- Austin Osegha Ebose (MD/CEO, Anchor Insurance Company Limited)
2. INSURANCE WOMAN OF THE YEAR
- Ebelechukwu Nwanchukwu – MD/CEO, Rex Insurance Limited
- Funmi Omo – MD/CEO, Enterprise Life Assurance Company (Nig) Limited
- Margaret Nkechi Moore – MD/CEO, Mega Trust Insurance Brokers Limited
- Ekeoma Ezeibe – MD/CEO, Crystal Trust Insurance Brokers Limited
3. LIFE INSURANCE COMPANY OF THE YEAR
- AIICO Insurance Plc.
- Coronation Life Assurance
- Sanlam Life Insurance Nigeria Limited
- Custodian Life Assurance Limited
- Capital Express Assurance Limited
4. GENERAL INSURANCE COMPANY OF THE YEAR
- Leadway Assurance Company Limited
- Consolidated Hallmark Insurance Plc.
- NEM Insurance Plc.
- Sovereign Trust Insurance Plc.
- International Energy Insurance Plc.
5. INSURANCE BROKER OF THE YEAR
- Kayode Awogboro – MD/CEO, ARK Insurance Brokers
- Adeyinka Falade, MD/CEO, ATIAT Insurance Brokers
- Funmi Babington-Ashaye – MD/CEO, Risk Analyst Insurance Brokers
- Enitan Solarin – MD/CEO, YOA Insurance Brokers Limited
6. INSURANCE BROKING COMPANY OF THE YEAR
- SCIB Nigeria & Co. Ltd.
- Hogg Robinson Nigeria Limited
- ARK Insurance Brokers Limited
- YOA Insurance Brokers Limited
- Insurance Brokers of Nigeria (IBN)
7. TAKAFUL COMPANY OF THE YEAR
- Noor Takaful Insurance Limited
- Jaiz Takaful Insurance Limited
- Salam Takaful Insurance Company Limited
- Hilal Takaful Nigeria Limited
8. MICRO INSURANCE COMPANY OF THE YEAR
- CHI Microinsurance Limited
- Goxi Microinsurance Company Limited
- Casava Microinsurance Limited
- Lifeguard Microinsurance Limited
- Prudent Choice Microinsurance Limited
9. MOST VALUABLE INSURANCE CUSTOMER OF THE YEAR
- Dangote Group
- NNPC Limited
- Oando Plc.
- Air Peace Limited
- Office of Head of Service of the Federation (OHCSF)
- BUA Group
10. INSURANCE LIFE ACHIEVERS AWARD
- Sir Ogala Osoka
- Valentine Ojumah
- Prof. Ahmed Salawudeen
Ms Soares appealed to the general public and insurance industry stakeholders to visit the website: www.almondinsuranceindustryawards.com to cast their votes., adding that the voting for the awards start today.
The Almond Insurance Industry Awards Nite proper will hold on Friday 1st of November 2024, at the Queens Park Events Center, Lagos, where Winners will be announced in an evening of festivities.
The Almond Insurance Industry Awards is initiated he Almond Insurance Industry Awards is initiated by Almond Production Limited (Almond Global Group)to foster the best corporate management, leadership, governance, innovative and sustainable growth in the Nigeria’s insurance sector.
The Insurance Industry Awards and Consumers’ Nite is instituted to reward the “Can Do Spirit”of the Men and Women in the various arms of the Insurance Industry who strive daily to sell insurance either to Individuals or Corporate entities in Nigeria despite the myriad of challenges and obstacles they face. Yet they still forge ahead to underwrite huge business by way of Gross Premium Income (GPI) year on year.
Whilst, we understand that the industry is not where it should be yet by way of Penetration and Contribution to the nation’s Gross Domestic Product (GDP). It is noble to encourage and appreciate the efforts of insurance players who have always gotten the short ends of the stick while urging them to do more which is the essence of this Awards.
