BY NKECHI NAECHE-ESEZOBOR —-Africa Re on Thursday announced entries for the 6th edition of the African Insurance Awards.
The objective of the Awards is to reward and celebrate innovation, good corporate management and good leadership in the African insurance industry.The 2020 edition will take place on Monday 01 June 2020 in Lagos, Nigeria.
There are four categories of Awards in this year’s edition.
CEO of the Year: This special award is given to the CEO of an Insurance company, who has made an outstanding contribution over the past 12 months or more, either through the advancement of his/her company or the insurance industry in Africa.
Insurance Company of the Year: This prize is open to all insurance companies registered in Africa and focusing on performance in the last 2 years.
Innovation of the Year: This prize is awarded to an insurance company for the best use of technology, for launching a breakthrough product / service or a new and innovative distribution channel or method.
InsurTech of the Year: This prize targets non-insurers that are collaborating with insurers to improve customer service delivery, product development and overall innovation in the insurance value chain. For this category, Africa Re will provide a platform for the winner to meet the insurance industry.
For online nominations, please visit www.africaninsuranceawards.org.
You may also download the nomination forms here
Cash prizes, plaques and certificates will be awarded to winners.
Deadline for submission of nominees: 31 March 2020.
Review of nominations and selection of winners by Panelists: April & May 2020.
Awards ceremony: 1 June 2020 in Lagos, Nigeria.
In line with its purpose, Africa Re initiated these awards to foster best corporate management, leadership, governance as well as innovative and sustainable growth in the insurance sector in Africa.
The African Insurance Awards aim at: rewarding and celebrating leaders, best performers and achievers in the African insurance industry; identifying and stimulating distinctive innovations in the insurance sector in Africa; encouraging sustainable growth in insurance premium combined with business profitability; and providing added value by sharing progress and best practices in the development of insurance in Africa.
The awards, which started in 2015, target a range of participants, including African insurance companies and African insurance CEOs.
The key objective is to promote the development of insurance in Africa by honouring distinguished companies and leaders that have exceptionally raised standards of competence and achievement and demonstrated unprecedented leadership.