2023 Almond Insurance Industry Awards
All is set for the 2023 edition of the Almond Insurance Industry Awards & Consumers’ Nite. The annual event that brings top entertainers and insurance elites together is slated to hold on Friday 3rd of November 2023 at the Queens Park Events Center Water Corporation Drive/Trinity Avenue off Ligali Ayorinde Street Victoria Island Lagos.
The Almond Insurance Industry Awards and Consumers’ Nite which started in 2018 is aimed at rewarding the “Can do Spirit” of the men and women in the various arms of the industry who strive daily to sell insurance either to Individuals or Corporate entities in Nigeria despite the myriad of challenges and obstacles they face year on year. Yet they still forge ahead to underwrite huge businesses through Gross Premium Income (GPI).
For the first time since the awards were instituted by Almond Productions Limited, every arm of the industry will be covered in twelve Awards categories.
They are as follows:
- Life Insurance Company of the year
- General Insurance Company of the year
- Insurance Broking Company of the year
- Loss Adjusting Company of the year
- Micro/Takaful Insurance Company of the year
- Insurance CEO/Personality of the year
- Reinsurance CEO/ Personality of the year
- Insurance Broker of the year
- Trade Association of the year
- Reinsurance Company of the year
- Insurance (Life) Achievers Award of the year
- Insurance Brokers (Life) Achievers Award of the year
To ensure the integrity and transparency of the Awards, the organisers have assembled some of the finest Professionals who have served in various capacities within and outside the country as the Awards Panel of Judges.
They are as follows:
- Prisca Soares, the immediate past Secretary General of the African Insurance Organisation (AIO) Chairman
- Dr Olajide Solomon Fadun, Risk Management and Insurance Specialist, and Senior Lecturer in the Department of Actuarial Science and Insurance, University of Lagos.
- Funmi Omokhodion, Reinsurance Specialist. Regional Director. West Africa Region Office. (2017-2020); and Africa Reinsurance Corporation in 2020
- Obinna Chilekezie, Insurance Expert/Researcher one time Head of Research and Statistics, Nigerian Insurers Association (NIA)
- Obashola Alo, Group Head Financial Risk/Insurance Dangote Group.
Mr. Rasaaq Obomeile SALAMI, Head, Corporate Communications and Market Development at the National Insurance Commission NAICOM, Nigeria’s apex insurance industry regulatory authority.
Apart from the highly accomplished panel of judges, the Awards Nite will be graced by dignitaries from different walks of life this year. Some of them will be guest presenters to winners in the various categories. According to the Chief Executive Officer of Almond Productions Limited, Faith Ughwode “The annual Awards is a sure way to open up the insurance industry, which has been very conservative for too long.
According to her, “I believe strongly that the Nigerian Insurance Industry can be opened – up through Pop-Culture and Technology popularly known as insurtech”.
Nigeria’s current demographic data shows that the Generation Z (Gen Z) makes up 40-50% of our population with disable income. To attract these block of people to the insurance industry, either as employees or Consumers of Insurance Products and Services, requires intentional social platforms that resonate with them.
For so long, the conventional norm for pushing insurance conversations in the public domain has been through conferences and seminars. Whilst this may have worked for a segment of our population, especially policy makers, we believe there is a sweet spot in using Pop-Culture to change people’s views and increase the acceptance of insurance. That is the essence of the Awards and Consumers’ Nite.
Corporate Sponsorship for Commercial Exposure with Entertainers is the new normal for the 21st century business leaders. We are inviting Insurance Industry front-liners to come on board this train to further enhance their presence in the financial service eco-system. For reference purposes, banking giants like GTB and UBA have perfected the art of engaging their customers in the public through social platforms (with Entertainers) such as the GTB Fashion Hub, Food and Drinks Festivals as well as the UBA Market Place. These are mega events that draw new customers into the banking system annually. Whilst the insurance industry may not have the financial strengths of the banking sector, they must take baby steps in exploring Pop-Culture as they cannot afford to be left behind in the drive to deepen financial inclusion because they are a critical equation in the mix.
Please note that this event is for adults only as performing artists are uncensored.
For additional information on the Awards, see the website: https//almondinsuranceindustryawards.com
Faith Ughwode (MD/CEO)
For: 2023 Almond Insurance Industry Awards and Consumers’ NITE
