Communications Manager, AIICO Insurance Plc, Mr Ademola Adenekan receiving the honours on behalf of his company at the just-concluded Almond Insurance Awards
AIICO wins double honours at 2024 Almond Insurance Awards
[By VICTOR NZE]
AIICO Insurance Plc won two of the most prestigious honours at the just-concluded 2024 Almond Insurance Industry Awards, in Lagos as the company scooped the ‘Life Insurance Company of the Year’ and the highly sought-after ‘Insurance Chief Executive Officer (CEO) of the Year’ prizes.
The insurance firm’s MD/CEO, Mr. Babatunde Fajemirokun, has now won the Chief Executive Officer of the Year awards for two consecutive times, barely weeks after winning the BusinessDay Top 25 CEOs Awards 2024.
The Almond Awards ceremony, which celebrated exceptional achievements within Nigeria’s insurance sector, featured a night of glamour, entertainment, and special performances.
It would also be recalled that for the second consecutive year, AIICO Insurance Plc is being 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.
According to the insurance firm, in a statement signed by its Head of Marketing and Communications, Mr Segun Olalandu, ‘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.’
The Almond Awards organisers described Mr. Babatunde Fajemirokun’s award as Insurance CEO of the Year as recognising ‘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,” read the citation.
According to Mr Olalandu, AIICO Insurance 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,” he stated.
