Insurance

Alliance & General Insurance charts growth path for 2024

Participants at the event.

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Chuks Udo Okonta

It was a great delight as Alliance & General Insurance Plc team – management staff and heads of departments convened at the 2024 Strategy Session to navigate the course for the coming year.

A statement by Chief Marketing Officer, Alliance and General Insurance Plc, Aluor Agusah, said the three-day event, which held from November 30 to December 2 2023, at the College of Insurance and Financial Management (CIFM) Lagos-Ibadan Expressway, Asese, Ogun State, with a guiding theme, ‘Rejigging the Power Behind You’. provided the Alliance & General team a platform to delved into comprehensive evaluation of the company’s standing, Mission, Vision, and the intricacies of its Strengths Weaknesses Opportunities and Threats (SWOT) analysis.

Cross section of participants at the event.

He noted that spearheading the strategic discussions were key figures of the Management Team, including the Managing Director/CEO, Felicia Bolajoko David, Executive Director of Operations, Olafisoye Folashade, and Executive Director, Olatunde Talabi.

The consultancy expertise of Fuller Yield Consults, represented by Steve Olayinka, Dr. Tope-Philips Aikhuemelo and Lateef Barnabas, proved instrumental in steering the sessions towards a pragmatic and forward-looking approach. The team was brought face-to-face with the stark realities of the market and through the guidance of the Consultants, Alliance & General Insurance Plc developed a robust action plan for the upcoming year.

Folashade Olafisoye, Executive Director Operations at Alliance & General Insurance Plc, graciously receives a book gift during the 2024 Strategy Session from Fuller Yield Consults.

“We evaluated where we stand as a business, where we rank, and how we can leverage opportunities while mitigating threats. The discussions were not just about profit margins, but the core values and culture that define us as an organisation,” remarked CEOb Felicia Bolajoko David.

The strategy session wasn’t solely focused on business outcomes. Recognizing the importance of a harmonious and motivated team, the event also incorporated training on personal hygiene, wellness, and health. The management team and department heads participated in recreational activities designed to foster team cohesion and create a workplace that transcends the boundaries of professional responsibilities.

Cross section of dignitaries at the event.

“We are not just a company; we are a community. Our success is deeply intertwined with the well-being and unity of our team. The training sessions on personal hygiene and wellness were not just a corporate initiative but an investment in the health and happiness of our most valuable asset – our people,” commented Olafisoye Folashade, Executive Director of Operations.

A facilitator at the event.

As Alliance & General Insurance Plc looks towards the horizon of 2024, the echoes of the strategy session resonate with a renewed sense of purpose and a commitment to innovation and inclusivity. The company stands poised to navigate the complexities of the insurance landscape with resilience and determination, embodying the essence of “Rejigging the Power Behind You.”

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