Life underwriting specialist, African Alliance Insurance Plc has charged its agency network to build up capacity, identifying new markets to sustain the growth of the portfolios.

The company gave the charge recently when it rewarded its standout sales men and women for their excellent contribution to the growth of the company.

Speaking at the event, Funmi Omo, managing director/CEO, African Alliance Insurance, congratulated the winners but charged them not to relent on their oars.

“Our premium income rose by 45 percent year on year in 2019 and we are successfully growing a retail market that is sure to bloom. We can and we will do more this 2020. It is a new start and a brand new opportunity to do even more work. We will not leave you to it, you can rest assured of the management’s continued support towards achieving your budgets,” she said.

Reiterating the management’s position, Victor Peters, Head of Agency Operations, African Alliance Insurance, encouraged the team to build up their capacity to sell more by identifying new markets, digging further into already identified ones and strategic recruitments across the sales force.

The Awards ceremony which held in Lagos saw a total of 26 awards presented to deserving Agents, Unit Managers and Agency Managers from all over the country. Mary Akwamanti (Ilupeju Area) won the gold trophy for being the best Agency in first year premium income based on product line while Lucky Aigbogun (Asaba Area) won the silver trophy as the top Agency in renewal premium income.

 

Modestus Anaesoronye

 

Modestus Anaesoronye is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pension sectors across Nigeria and West Africa. He has held key editorial positions at major national media outlets, including The Comet, The Nation, and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Ltd. A widely travelled reporter, he has covered industry developments in more than 14 countries across Africa and Asia. Anaesoronye is a multiple award-winning journalist, honoured several times as Insurance Journalist of the Year and Pension Journalist of the Year by recognised industry bodies, including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp), among others.

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