Leadway Assurance wins best innovation in SME insurance services award

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Chuks Udo Okonta

Leadway Assurance, a leading insurance company in Nigeria, has been honored with the prestigious award for “Best Innovation In SME Insurance Services of the Year 2024” at the 4th Nigeria National SME Business Awards (NNSBA) held at the Civic Center, Ozumba Mbadiwe Way, Victoria Island, Lagos State.

The event, organised by the Association of Small Business Owners of Nigeria (ASBON) in collaboration with the Lagos State Ministry of Commerce, Cooperatives, Trade, and Investment, aimed to recognise and celebrate the outstanding contributions of small and medium enterprises (SMEs) to the nation’s economy.

The event was held on April 11, 2024 with several key dignitaries representing different SMEs from various sectors in the Nigerian market with the theme “Collaborative Initiatives: Strengthening Networks for SMEs.”

Notable sponsors included top brands such as Jiji, the online marketplace, Visa, the financial transaction platform, Providus Bank, Bank of Industry, Compare, and many others.

The President/Chairman of Council, Ken Opara, Ph.D, FCIB, delivered a goodwill message at the event, highlighting the government’s initiatives to support SMEs, including the disbursement of N60 billion from the Central Bank of Nigeria via the Agric Small and Medium Enterprises Investment Scheme.

Dr. Opara emphasised Leadway Assurance’s commitment to empowering SMEs through innovative insurance solutions tailored to their needs.

Edwin Igbiti, President/Chairman of Council, Chartered Insurance Institute of Nigeria (CIIN), who was also present at the event commended Leadway Assurance and other SMEs for their resilience, determination, and commitment to excellence.

Gboyega Lesi, CEO/Managing Director of Leadway Assurance, expressed his heartfelt gratitude for the prestigious recognition, highlighting the company’s deep-rooted commitment to serving Nigeria’s evolving SME sector.

He shared, “Winning the ‘Best Innovation In SME Insurance Services of the Year 2024’ award is truly an honour that showcases our dedication to supporting the dreams and aspirations of Nigerian entrepreneurs.

“With years of experience in the insurance industry, we have witnessed firsthand the challenges faced by SMEs, and it’s our mission to provide continue to provide tailored solutions that offer peace of mind and enable growth.

“This award is a symbol of our team’s passion and expertise, and it inspires us to continue innovating and serving our customers with excellence.”

Leadway Assurance’s recognition for “Best Innovation In SME Insurance Services of the Year 2024” underscores its dedication to providing innovative solutions that address the evolving needs of SMEs. As a trusted partner, Leadway Assurance remains committed to supporting SMEs on their journey to success and prosperity, he posited.

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