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Chuks Udo Okonta
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.
“In response to industry feedback and in line with international standards, some categories were dropped and new ones introduced during the 2024 Awards to align with international standards.
“The 2025 edition retains this streamlined structure to enhance inclusivity and reflect the evolving dynamics of the Nigerian insurance sector.
She said these categories were thoughtfully curated to reflect the current composition and contributions of stakeholders across the Nigerian insurance sector.
To guarantee integrity and transparency of the Awards, Ms Faith said the nomination and voting processes are fully web-based, driven by data and technology “Nominations and votes can only be submitted via the official website: https://almondinsuranceindustryawards.com. The platform is secure and ensures that only truly deserving individuals and institutions emerge as winners.”
She announced the two distinguished professionals who joined the Awards Judging Panel, namely: Mr. Rotimi Okpaise, a renowned actuary, joins as Vice Chairman; Chief (Mrs.) Jean Chiazor Anishere (SAN), bringing her wealth of experience in the legal profession to bear as a distinguished legal practitioner.
They join the respected panel led by: Ms. Prisca Soares, Chairperson and immediate past Secretary General of the African Insurance Organization (AIO); Dr. Obinna Chilekezie, Insurance Expert/Researcher, and former Head of Research and Statistics at the Nigerian Insurers Association (NIA); Mr. Salami Rasaaq Obomeile, Director, Human Resources & Administration, National Insurance Commission (NAICOM).
Almond CEO urged members of the public to visit the Awards website to nominate for their preferred candidates.
She encouraged Insurance Brokers to nominate their most loyal clients for the Most Valuable Insurance Customer of the Year Award because customers also deserve recognition and encouragement.
“People are often quick to condemn insurance companies, even when claims are settled, while other sectors like telecoms and banking are not held to the same standard. If you’ve ever benefited from the workings of Insurance, either as individual or corporate clients, now is the time to support the Individuals and Insurance organisations by Nominating and voting when the time comes.
“This year’s edition, tagged the #Recharged edition, is focused on elevating the Awards experience and redefining its impact.
“The 2025 Awards will not just recognise excellence but also change the narrative around the Insurance Industry. We are redefining key touchpoints, from nomination to voting and final selection, to reflect innovation, credibility, and inclusion in every step,” Ms Faith said.
The shortlisted categories for this year are:
Voting Categories
* Insurance CEO of the Year
* Insurance Woman of the Year (Insurer or Broker)
*Life Insurance Company of the Year
*General Insurance Company of the Year
*Insurance Broker of the Year
*Insurance Broking Company of the Year
*Takaful Company of the Year
*Microinsurance Company of the Year
*Most Valuable Insurance Customer of the Year
(Non-Voting Categories)
*Insurance Life Achievers Award (Insurer or Broker)
*Special Recognition Award 2025 (Within and Outside the Industry)
For more information on the Awards and the nomination process, please visit https://almondinsuranceindustryawards.com.
