L-R: Ms Amarachi Chigbo, representative of the CEO of Twenty9th Media, 2025 Awards Website Consultant, Mr. Olayinka Makanjuola; Ms. Prisca Soares, Chairperson, Awards Panel of Judges; Mr. Salami Rasaaq Obomeile, Director, Human Resources & Administration, National Insurance Commission (NAICOM) and Ms. Faith Ughwod, Chief Executive Officer of Almond Productions Limited, at the Press Conference marking the opening of nominations for 2025 Almond Insurance Industry Awards held at Civic Centre, Ozumba Mbadiwe Avenue, Lagos on May 30, 2025
The stage is now set for the 2025 Annual Almond Insurance Industry Awards, with the nominations portal opening today, May 30, 2025.
The nomination, which is expected to run for four weeks from May 30 to June 30, 2025, will be done via the official website: https://almondinsuranceindustryawards.com.
The 2025 edition of the Awards, tagged “#Recharged will take place on Friday, November 7, at the Stable Event Place, 45 Bode Thomas Street, Surulere, Lagos.
Speaking at the press conference marking the official opening of nominations for the Awards, the Chairman of the Awards Panel of Judges, Ms. Prisca Soares, the Immediate Past Secretary-General of the African Insurance Organisation (AIO), highlighted the importance of the Awards and its contributions to the industry.
While commending the industry’s efforts in promoting insurance awareness, she said there is still a significant gap between awareness and actual penetration, especially when measured against the country’s vast population, calling for fresh thinking and innovative platforms to drive the message further.
Ms. Prisca noted that the Almond Insurance Industry Awards is one of the platforms created to drive insurance education and awareness in Nigeria, as she expressed a strong belief in the power of the Awards to shine a positive light on the industry, given the feedback and participation from previous editions.
In ensuring that the Almond Insurance Industry Awards meet international standards of similar awards in other jurisdictions, Ms Prisca explained that some categories of the awards were dropped and new ones introduced to engender inclusivity across the entire spectrum, emphasising that the 2025 edition will continue to reinforce these standards.
She said that after the nominations are received on the Awards Website, the Panel of Judges will review, shortlist, and oversee a transparent voting process that will lead to the announcement of winners at the Grand Awards Night on November 7, 2025.
Earlier in her Welcome Address, Chief Executive Officer of Almond Productions Limited, Ms. Faith Ughwode, said that Almond Insurance Industry Awards celebrates the “Can Do Spirit” of the Men and Women across the Nigerian Insurance Industry who continually break barriers to promote insurance, despite prevailing economic and social challenges.
“While insurance penetration remains relatively low, practitioners continue to make impressive gains. According to the Nigerian Insurance Industry Report by NAICOM, the industry recorded a Gross Premium Income of over N1.2 trillion as at the end of 2024, a major milestone reflecting resilience and strategic innovation within the sector.
“The 2025 Awards tagged #Recharged Edition is in line with the Industry Renewed Focus of Raising Insurance Awareness through focus on Enforcement of the Compulsory Insurances and the Regulators’ Collaborative efforts with other relevant Agencies of Government to increase Insurance uptake nationwide. It will once again bring together Policymakers, Insurance Practitioners, top-rated entertainers in Music and Comedy, Members of the Paramilitary, and the Insuring Public, all in an atmosphere of celebration and relaxation.