Nominations Open For 2024 Almond Insurance Industry Awards Today
L-r: Faith Ughwode, Chief Executive Officer, Almond Productions Ltd; Prisca Soares, Chairman, Awards Panel of Judges, 2024 Almond Insurance Industry Awards, and Dr. Jide Fadun, Vice Chairman of the panel, during the 2024 Almond Insurance Industry Awards press conference and unveiling of the website for nominations, held in Lagos on Friday.
The stage is now set for the 2024 Annual Almond Insurance Industry Awards as the nominations for the awards begin today, Friday, May 24, 2024, and will run for four weeks while voting in the various categories will commence at the end of the streamline process.
The nominations and votings which is a web based process allow people only to nominate and vote for their choice via the website: https://almondinsuranceindustryawards.com. The website is foolproof so it is those who deserve to win that will emerge at the end of the entire process.
The 2024 Awards will hold on Friday November 1st 2024 at the Queens Park Events Center Water Corporation Drive/Trinity Avenue off Ligali Ayorinde Street Victoria Island Lagos.
Speaking at a press conference today in Lagos to announce the commencement of nominations and votings for winners of the awards, the Chairman of Panel of Judges, the Immediate Past Secretary General of the African Insurance Organization (AIO), Ms Prisca Soares, highlighted the rationale behind the awards.
She said the annual Awards is aimed at rewarding the “Can Do Spirit” of the men and women in the various arms of the Nigerian Insurance Industry who daily push boundaries to sell Insurance despite the low acceptability and low purchasing power of many Nigerians.
On the industry’s performance, she said “While Insurance awareness and penetration is still low, Insurance Practitioners are making steady gains by way of Gross Premium income which has hit One Trillion Naira as at the end of 2023.”
Earlier in her opening remarks, The Managing Director/Chief Executive Officer of Almond Productions Limited Ms. Faith Ughwode, said the 2024 edition tagged #Reinvent Edition will once again bring together Policy Makers, Insurance Practitioners, top rated Entertainers in Music and Comedy, Para-Military and the Insuring Public in an atmosphere of fun and relaxation.
According to Faith, given the overwhelming support and participation from all arms of the Industry last year, the 2024 Awards categories has been streamlined to meet with International Standards.
Some categories have been dropped and others introduced to engender inclusivity.
The shortlisted categories this year are:
- 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
- Micro Insurance Company of the year
- Most valuable Insurance Customer of the year (Non-Voting Categories)
- Insurance Life Achievers Award (Insurer or Broker)
- Special Recognition Award 2024 (Within and Outside the Industry)
These shortlisted categories, she said, were painstakingly chosen to reflect the current composition of the Nigerian Insurance Industry.
To ensure the integrity and transparency of the Awards the entire process as always from nominations, voting, selection is driven by Data and Technology.
It’s a web based process. People can only nominate and vote for their choice via the website: https://almondinsuranceindustryawards.com. The website is foolproof so it is those who deserve to win that will emerge at the end of the entire process.
“Also as part of ensuring the integrity of the Awards, we have on the panel of Judges our newest member Hon. Justice Olufunmilayo O. Atilade, The Fifteenth (15th) Chief Judge of Lagos State.
Others are our able Chairman Ms Prisca Soares, the Immediate Past Secretary General of the African Insurance Organization (AIO); Dr. Jide Fadun, Risk Management and Insurance Specialist, Senior Lecturer Department of Actuarial Science and Insurance University of Lagos; Mr. Obinna Chilekezie, Insurance Expert/Researcher and one time Head, Research and Statistics, Nigerian Insurers Association (NIA); Mr. Obashola Alo, Group Head, Financial Risk/Insurance Dangote Group and Mr Rasaak Salami, Assistant Director, Market Development, National Insurance Commission (NAICOM),” Faith added.
“Nominations for the Awards officially opens Friday May 24th and will run for four weeks (4 weeks) voting in the various categories will commence at the end of the streamline process.
“Members of the public are also encouraged to visit the Awards website to nominate and vote for their choice.
“People are often quick to condemn Insurance companies even when their claims are settled. Other players in the financial services sector or even Telecoms sometimes get away with “Blue Murder” but not Insurance. So for anyone who has benefited from the workings of Insurance either as individual or corporate clients, this is the time to encourage that Insurance or Broking Company by nominating and voting when the time comes.
“Insurers and Brokers are also encouraged to nominate their loyal customers for the Most Valuable Insurance Customer Award this year. Clients also needs encouragement to do more so that it’s a win win situation.
“The Awards this #Reinvent Edition according to the Chief Executive Officer of Almond Productions Limited Ms. Faith Ughwode speaks to the innovation in the entire process of the Awards this year to put the Nigerian Insurance Industry on a new Pedestal come November 1st 2024,” Almond Productions Boss said.
Additional information on the Awards and the entire process is on the website https://almondinsuranceindustryawards.com
