AIICO bags two honours at Almond Insurance Award
CHIGOZIE AMADI
AIICO Insurance Plc has won two awards at the 2024 Almond Insurance Industry Awards held in Lagos on Saturday.
The firm won the ‘Life Insurance Company of the Year’ and its Managing Director/Chief Executive Officer, Mr Babatunde Fajemirokun, won the ‘Insurance Chief Executive Officer of the Year’.
This is the second consecutive year that AIICO Insurance Plc will be winning the Life Insurance Company of the Year, a category judged on rigorous criteria including financial strength, premium growth, customer service excellence, Corporate Social Responsibility, and speed in claims settlement.
In a statement issued on Sunday, AIICO said, “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.
“Fajemirokun’s award as Insurance CEO of the Year recognised 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.”
