After a month-long nomination for top insurance personalities and organisations shaping the risk management sector, Almond is set to collate voting from practitioners, consumers and other stakeholders with its measurement index to benchmark who the cap fits.
Almonds said the nomination has been vigorously conducted to ensure that only those who merit the enlistment made it, having taken into consideration all the fundamentals including regulatory compliance.
Prisca Soares, chairman, Awards Panel of Judges in her welcome remarks at the Unveiling of Nominees for the 2024 Almond Insurance Industry Awards held in Lagos said she is thrilled by the Industry’s enthusiastic response to this year’s Awards. “The meticulous nomination process which spanned over a month saw active participation from top management, corporate entities, and individual clients, all nominating based on the provided criteria.
“This year, we witnessed a significant increase in participation from Insurance Industry Stakeholders, and is evident in the number of nominations received totalling 392 compared to last year’s 101, she said.
Soares said, “The 288.12 percent increase in participation in the nomination process is a testament to the growing recognition and prestige of the Almond Awards within and outside the Insurance Industry.”
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The Almond Insurance Award Nite slated to hold 1st of November will have winners emerge from the nominations below.
For the Insurance CEO of The Year Award category, Tunde Fajemirokun, MD/CEO AIICO Insurance Plc; Ebelechukwu Nwanchukwu, MD/CEO, REX Insurance Ltd; Olufemi Asenuga, MD/CEO, Mutual Benefits Assurance Plc; Akinjide Orimolade, MD/CEO, Stanbic IBTC Insurance Limited and Austin Osegha Ebose, MD/CEO, Anchor Insurance Company Limited were nominated.
Similarly, Ebelechukwu Nwachukwu, MD/CEO, REX Insurance Ltd; Funmi Omo, MD/CEO, Enterprise Life Assurance Company (Nigeria) Limited; Margaret Nkechi Moore, MD/CEO, Mega Trust Insurance Brokers Ltd and Ekeoma Ezeibe, MD/CEO, Crystal Trust Insurance Brokers Ltd were nominated for Insurance Woman of the Year.
In the Life Insurance Company of The Year Category, AIICO Insurance Plc, Coronation Life Assurance, Sanlam Life Insurance Nigeria Limited, Custodian Life Assurance Limited and Capital Express Assurance Limited were nominated, even as Leadway Assurance Company Ltd, Consolidated Hallmark Insurance Plc, NEM Insurance Plc, Sovereign Trust Insurance Plc and International Energy Insurance Plc were nominees in the General Insurance Company of the Year Award category.
According to her, some of the nominations were not considered due to non-compliance with the criteria. I must say that overall, it was well received. “It is pertinent to inform you that nominees for the various categories went through the mill of due process and screening by the Judges before being shortlisted for the voting process.”
