AIICO Insurance Plc received two prestigious awards at the 2024 Almond Insurance Industry Awards in Lagos. The company was named ‘Life Insurance Company of the Year’ for the second consecutive year, while its Managing Director/CEO, Mr. Babatunde Fajemirokun, was honored as ‘Insurance CEO of the Year’.
AIICO’s **‘Life Insurance Company of the Year’ award recognized the company’s strong financial performance, premium growth, customer service excellence, corporate social responsibility, and efficient claims settlement.
In a statement, AIICO expressed that the win solidifies its position as a leader in Nigeria’s life insurance sector, highlighting its innovative products and consistent market impact.
Fajemirokun’s ‘Insurance CEO of the Year’ award acknowledged his outstanding leadership, strategic vision, and contributions to AIICO’s success. His ability to drive innovation and strengthen the company’s market presence played a key role in this recognition, with candidates assessed on their tenure, company performance, and industry innovations.