NEM Receives two Awards at Business Journal Awards 2019

Head, Corporate Communication, NEM Insurance Plc (left) Mrs Moji Toluwo, Receiving Digital Insurance Brand of the Year 2018 by Business Journal Magazine, from the Director, Public Affairs, Nigerian Communications Commission (NCC) Mr. Henry Nkemadu at the award event recently in Lagos

NEM Insurance Plc has been honoured with the awards of Digital Insurance Brand of the Year 2018 and Most Innovative Underwriter of the Year 2018 at the just concluded Business Journal Magazine Awards 2019.

The Business Journal Second Annual Lecture and Awards took place at the Sharaton Hotels and Towers, Ikeja, recently was Chaired by the Chairman, Nigerian Insurers Association (NIA) and Managing Director/Chief Executive Officer of NEM Insurance Plc, Mr. Tope Smart while the Executive Vice-Chairman/Chief Executive Officer, Nigerian Communications Commission (NCC), Prof. Umar Danbatta was the Keynote Speaker.

The event was also attended by other professionals and industries chieftains and stakeholders in the nation’s financial services sector.

Speaking on the award, the Managing Director of Egelon Communications Company, Publishers of Business Journal Magazine, Prince Cookey, said the screening process for the companies nominated for the award was carried out by a group of seasoned Professionals with in-depth knowledge in Insurance and Information and Communication Technology, Integrated Marketing Communication and some notable members of the Public.

Prince Cookey further reiterated that insurance companies still need to do a lot of work in terms of product development that will impact positively on the lives of the average Nigerian as insurance in the country is still viewed by many as a service for only the rich.

While presenting the awards to NEM Insurance Plc, Prince Cookey, explained that the awards were to recognize the company as insurance firm with strong digital insurance solutions and as a company with most innovative insurance services in Nigeria.

Reacting to the award while speaking with The Revealer, the Head, Corporate Communications, NEM Insurance Plc, Mrs. Moji Toluwo, expressed happiness just as he promised that the company will continue to remain committed to those qualities that earned them the awards.

“We are happy and we are grateful to God. The Awards came as a surprise to us. It is neither by our power nor by our might. It is by the grace of God, therefore, we will continue to remain commuted to those qualities that earned us the awards”

In NEM Insurance, we see any award as a call for greater responsibility, therefore, we will continue to do our best and we will not lose our focus in ensuring that we continue to render quality service in a highly technological manner to our teeming customers. Technology, Innovation and quality service delivery will continually be our guiding principles,” she said.

Earlier in his opening remarks, the Chairman of the occasion and Chairman Nigerian Insurers Association (NIA), Mr. Tope Smart who is also the Managing Director of NEM Insurance Plc had said that what the various sectors of the Nigerian economy including insurance sector need to drive growth and contribute significantly to the nation’s development is a robust and sophisticated Information and Communication Technology (ICT) structure.

The theme of the occasion was “Digital Nigeria: The Path to Sustainable Economic Growth,”

He called on all sectors of the nation’s economy to embrace digital technology.

He also called on government to make digitization of the country part of the national strategy.

According to him, “When we talk about insurance, banking, agriculture, and environment including other sectors and even governance and issues around some of these things, we need a very robust and sophisticated ICT structure, which unfortunately Nigeria is yet to adopt.

“I think digitalization of Nigeria should be something that should form part of the national strategy if we truly want to move forward as a nation. Passionate effort should be made to see ICT as something very fundamental that Nigeria needs in order to make progress in our economic growth.

“This is because the impact of ICT changes everything including the way we live, the way we run our businesses, the way we work even the way we governed. Other benefits are that it ensures transparency by eliminating what we call black economy because when you are connected online, you can see what people are doing. It helps people to pursue their entrepreneurial aims because it brings out ingenuity in people. It creates jobs that provide means of livelihood for the citizenry.

“Digitalization of our operational processes is something that everybody should embrace; it’s something that should be encouraged; it’s something that should form part of the national strategy in order for us to be able to develop our economy. Government at all levels should key into it so that we can grow our economy for the good of all Nigerians.