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. This prestigious event 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 on 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.
The 2025 Awards will hold on Friday, November 7th at The Stable Event Place, 45 Bode Thomas Street, Surulere, Lagos.
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.
The shortlisted categories 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 Insurance industry).

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, the nomination and voting processes
are fully web-based, driven by data and technology. Nominations officially open on Friday,
May 30th, 2025, and will run for four (4) weeks (30th June, 2025).
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.
We are also pleased to welcome two distinguished professionals to the Awards Judging
Panel:
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 our 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)
We urge members of the public to visit the Awards website to nominate for their preferred
candidates. Insurers and Brokers are also encouraged 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 an individual or corporate clients, now is the time to Support the Individuals and Insurance Organizations 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. According to Ms. Faith Ughwode, Chief Executive
Officer of Almond Productions Limited, said the 2025 Awards will not just recognize
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.
For more information on the Awards and the nomination process, please
visit https://almondinsuranceindustryawards.com.