Yemisi Izuora
AIICO Insurance Plc claimed two of the evening’s most prestigious honours: ‘Life Insurance Company of the Year’ and the highly sought-after ‘Insurance Chief Executive Officer (CEO) of the Year’ for Mr. Babatunde Fajemirokun, the company’s MD/CEO.
The insurance firm picked the prestigious awards at the 2024 Almond Insurance Industry Awards.
The awards ceremony, which celebrated exceptional achievements within Nigeria’s insurance sector, featured a night of glamour, entertainment, and special performances.
For the second consecutive year, AIICO Insurance Plc was recognized as the Life Insurance Company of the Year, a category judged on rigorous criteria including; financial strength, premium growth, customer service excellence, CSR, and speed in claims settlement. This win further establishes AIICO’s standing as a leader in the life insurance sector, consistently demonstrating strong financial performance, brand impact, and innovative products tailored to the Nigerian market.
Mr. Babatunde Fajemirokun’s award as Insurance CEO of the Year recognized his exceptional leadership, strategic direction, and dedication to AIICO’s success. With years of industry experience, Fajemirokun has driven innovative approaches that have strengthened AIICO’s market position and influenced the broader industry. Candidates for this award were evaluated based on length of service, company performance, and innovations in their company and the industry.
AIICO Insurance Plc, one of Nigeria’s leading insurance companies, has long been noted for its customer-centric approach and unwavering commitment to excellence.
The double win reflects AIICO’s sustained contributions to the insurance sector and its positive impact on clients and the industry alike.
AIICO Insurance is a leading composite insurer in Nigeria, with a 60-year record of accomplishment in delivering quality service to its clients.
Founded in 1963, AIICO provides life and general insurance, health insurance, and investment management services to create and protect wealth for individuals, families, and corporate customers.
Other awardees include:
GENERAL INSURANCE COMPANY OF THE YEAR
Leadway Assurance Company Ltd
LIFE INSURANCE COMPANY OF THE YEAR
AIICO Insurance Plc.
TAKAFUL INSURANCE COMPANY OF THE YEAR
Noor Takaful Insurance Limited
INSURANCE BROKER OF THE YEAR
Kayode Awogboro
INSURANCE CEO OF THE YEAR
Tunde Fajemirokun
INSURANCE BROKING COMPANY OF THE YEAR
Insurance Brokers of Nigeria
MICROINSURANCE COMPANY OF THE YEAR
Goxi Microinsurance Co. Ltd
INSURANCE WOMAN OF THE YEAR
Ebelechukwu Nwachukwu
MOST VALUABLE INSURANCE CUSTOMER OF THE YEAR
Dangote Group
2024 ALMOND INSURANCE INDUSTRY LIFE ACHIEVERS AWARD PRESENTED TO: Sir Ogala Osoka
2024 ALMOND INSURANCE INDUSTRY LIFE ACHIEVERS AWARD PRESENTED TO: Mr. Valentine Ojumah
2024 ALMOND INSURANCE INDUSTRY SPECIAL RECOGNITION AWARD PRESENTED TO:
Mrs. Modupeola Dallass- Olusanya
2024 ALMOND INSURANCE INDUSTRY SPECIAL RECOGNITION AWARD PRESENTED TO THE: Executive Governor of Lagos State
Mr. Babajide Sanwo-Olu