The Lagos State Governor, Babajide Sanwo-Olu, is set to be honored at the upcoming Almond Insurance Industry Awards and Consumers’ Nite for his contributions toward the advancement of the insurance and pensions industry in the region. The award ceremony, which is scheduled for November 1, has been organized by Almond Productions Limited, and CEO Ms. Faith Ughwode highlighted that the state has consistently led the way in supporting the sector through budget allocations directed at paying premiums and pensions. The recognition of Sanwo-Olu as a visionary leader reflects the organization’s appreciation for his efforts to enhance and uphold existing systems within the industry.
In addition to Governor Sanwo-Olu, another distinguished honoree this year will be 85-year-old Mrs. Modupeola Dallass–Olusanya, affectionately known as Mama Gombot. Mrs. Dallass–Olusanya continues to play an active role in mentoring young professionals in the insurance field, thus demonstrating the importance of cultivating the next generation of leaders in the industry. The acknowledgment of her mentorship underscores the commitment to fostering talent and innovation, vital for the continuous growth of the insurance sector in Nigeria.
The Almond Insurance Industry Awards, established in 2018, are framed around celebrating innovation and leadership within the insurance landscape. This year’s event, dubbed the #Reinvent Edition, focuses on recognizing transformative contributions in the industry. A total of ten award categories will showcase excellence among various insurance entities. These categories include Life Insurance Company of the Year and General Insurance Company of the Year, among others, emphasizing the diverse functions and achievements within the sector.
Moreover, the awards will recognize individual excellence with categories such as Insurance CEO of the Year and Insurance Woman of the Year, showcasing significant contributions from both male and female leaders alike. The awards also expand their reach to consumer engagement, with recognitions such as the Most Valuable Insurance Customer of the Year, highlighting the critical role consumers play in the industry’s success. The Insurance Life Achiever’s Award will acknowledge individuals, whether from the insurer or broker side, who have made a significant impact over time.
By instituting an event like the Almond Insurance Industry Awards, the organizers aim to spotlight changemakers and innovators within Nigeria’s insurance sector. The awards serve to motivate professionals and organizations to strive for excellence. Each award is a testament to the hard work and dedication of individuals and companies committed to elevating insurance practices in Nigeria, ultimately benefiting consumers and the overall economy.
The upcoming awards event not only aims to honor existing leaders but also to inspire others in the field to push the boundaries of innovation and service. As the insurance industry continues to evolve, such recognitions and moments of celebration are crucial in driving the sector forward. The Almond Insurance Industry Awards and Consumers’ Nite thus represents a pivotal opportunity for the industry to reflect on its progress while setting the stage for future advancements.
