2025 Awards Nomination

2025 Almond Insurance Industry Awards Nomination

Award Categories

  1. Insurance CEO of the Year
  2. Insurance Woman of the Year (Insurer or Broker)
  3.  Life Insurance Company of the Year
  4. General Insurance Company of the Year
  5. Insurance Broker of the Year
  6. Insurance Broking Company of the Year
  7. Takaful Company of the Year
  8. Micro Insurance Company of the Year
  9. Most Valuable Insurance Customer of the Year.
  10. Insurance Life Achievers Award (Insurer or Broker)
  11. Special Recognition Award 2024 (Within and Outside the Industry)

AWARD CRITERIA

INSURANCE CEO OF THE YEAR

  1. Length of Service and Contributions to the Industry (Minimum of 5 years)
  2. Performance of the Company they Lead
  3. The Extent of their contribution to the Company’s Performance
  4. Innovations from the CEO’s Direct Efforts in his Company/Industry Progress
  5. Strong Leadership Skill

INSURANCE WOMAN OF THE YEAR (INSURER OR BROKER)

  1. Length of Service and Contributions to the Industry (Minimum of 10 years)
  2. Performance of the Company they Lead
  3. The Extent of their contribution to the Company’s Performance
  4. Innovations from the CEO’s Direct Efforts in the Company and Industry Progress
  5. Strong Leadership Skill
  6. Integrity and Ethical Conduct in Business over the years
  7. Level of Visibility in the Industry

INSURANCE WOMAN OF THE YEAR (INSURER OR BROKER)

  1. Length of Service and Contributions to the Industry (Minimum of 10 years)
  2. Performance of the Company they Lead
  3. The Extent of their contribution to the Company’s Performance
  4. Innovations from the CEO’s Direct Efforts in the Company and Industry Progress
  5. Strong Leadership Skill
  6. Integrity and Ethical Conduct in Business over the years
  7. Level of Visibility in the Industry

LIFE INSURANCE COMPANY OF THE YEAR

  1. Financial Strength (Asset and Shareholders Fund)
  2. Gross Premium Income (GPI) Generated.
  3. Capital Investment (Outside of the Industry)
  4. Brand Improvement and Visibility
  5. Delivery of Unique Specialized Products Relevant to the Nigerian Market
  6. Claims Payment/Speed i.e. Reported Claims versus Total Claims paid
  7. Employment (Staff Strength)
  8. Corporate Social Responsibility (CSR)
  9. Customer Service Delivery Records

GENERAL INSURANCE COMPANY OF THE YEAR

  1. Financial Strength (Asset and Shareholders Fund)
  2. Gross Premium Income (GPI) Generated.
  3. Capital Investment (Outside of the Industry)
  4. Brand Improvement and Visibility
  5. Delivery of Unique Specialized Products Relevant to the Nigerian Market
  6. Claims Payment/Speed i.e. Reported Claims versus Total Claims paid
  7. Employment (Staff Strength)
  8. Corporate Social Responsibility (CSR)
  9. Customer Service Delivery Records

GENERAL INSURANCE COMPANY OF THE YEAR

  1. Financial Strength (Asset and Shareholders Fund)
  2. Gross Premium Income (GPI) Generated.
  3. Capital Investment (Outside of the Industry)
  4. Brand Improvement and Visibility
  5. Delivery of Unique Specialized Products Relevant to the Nigerian Market
  6. Claims Payment/Speed i.e. Reported Claims versus Total Claims paid
  7. Employment (Staff Strength)
  8. Corporate Social Responsibility (CSR)
  9. Customer Service Delivery Records

INSURANCE BROKING COMPANY OF THE YEAR

  1. Financial Strength (Assets/Corporate Structure)
  2.  Volume of Business Generated Annually (Corporate and Individual)
  3. Employment (Staff Strength)
  4. Brand Improvement/Visibility
  5. Customer Service Delivery Records
  6. Innovation and Technology Adoption in the Distribution/Sales of Insurance Products

TAKAFUL INSURANCE COMPANY OF THE YEAR

  1. Financial Strength
  2. Number of Contributors
  3. Uniqueness/Product Relevance to the Nigerian Market
  4. Volume of Business (GPI)
  5. Brand Visibility
  6. Innovation/Technology Adoption in Product Distribution and Sales
  7. Claims Payment (Reported versus Total Claims paid)

TAKAFUL INSURANCE COMPANY OF THE YEAR

  1. Financial Strength
  2. Number of Contributors
  3. Uniqueness/Product Relevance to the Nigerian Market
  4. Volume of Business (GPI)
  5. Brand Visibility
  6. Innovation/Technology Adoption in Product Distribution and Sales
  7. Claims Payment (Reported versus Total Claims paid)

INSURANCE BROKER OF THE YEAR

  1. Length of Service in the Broking Profession (Not Less than 5 years)
  2. Performance of the Company they Lead (Volume of Business)
  3. The Extent of their Contribution to the Growth of their Company and the Broking Profession
  4. Personal Impact in Retail Marketing and Sales of Insurance Products
  5. Strong Leadership Skill
  6. Level of Professionalism (in Business Conduct)

MOST VALUABLE INSURANCE CUSTOMER OF THE YEAR

  1. Volume of Business/Premium Paid Annually
  2.  Consistency/Promptness in Premium Payment
  3. Level of Compliance to Enterprise Risk Management Internally
  4. Volume of Claims Reported/Settled Annually

MOST VALUABLE INSURANCE CUSTOMER OF THE YEAR

  1. Volume of Business/Premium Paid Annually
  2.  Consistency/Promptness in Premium Payment
  3. Level of Compliance to Enterprise Risk Management Internally
  4. Volume of Claims Reported/Settled Annually

INSURANCE LIFE ACHIEVERS AWARD (INSURER/BROKER)

  1. Personal Accomplishments in the Industry (Minimum of 10 years)
  2. Excellence in Performance (Consistency through the years)
  3. Contribution to the Insurance Industry (Innovative Ideas/Policies that have Impacted the Entire Industry)
  4. Overall Leadership Qualities and Esteem in which they are held by Peers in the Industry.
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