Harboursandport.com: Lagos – The stage is now set for the 2024 Annual Almond Insurance Industry Awards. 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.
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.
The 2024
edition tagged #Reinvent Edition will once again bring together Policy Makers,
Insurance Practitioners, top rated Entertainers in Music and Comedy,
ParaMilitary and the Insuring Public in an atmosphere of fun and relaxation.
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.
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 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, one time Head Research and Statistics,
Nigerian Insurers Association (NIA); Mr. Obashola Alo, Group Head, Financial
Risk/Insurance, Dangote Group; Mr Rasaak Salami, Assistant Director/Head
Corporate Affairs, National Insurance Commission, (NAICOM).
Nominations
for the Awards officially open Friday May 24th and will run for four weeks (4
weeks) while 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 need 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. Additional information on the Awards and the
entire process is on the website https://almondinsuranceindustryawards.com
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