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AIICO Factor Wins 2021 BAFI Awards

Staff Reporter by Staff Reporter
November 25, 2021
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AIICO Insurance Plc leading presence in several fronts in the insurance market has earned it imprints in the recent banks and other financial institutions (BAFI) awards, emerging as Life Insurance Company of the Year and Digital Insurance Company of the Year.

Unveiling the essence of the two awards, the organisers said the life insurance company of the year awarded to AIICO above other competitors, demonstrated the company’s leadership through innovation in products and best practices, outstanding customer service, diversity of product lines, claims processing excellence, stability and reliability, and cost.

In the digital insurance company of the year award (global awards category), AIICO relaying the view of the organisers, said it emerged as the winner based on how successful it has harnessed technology and digital solutions to improve its business, aid its employees, and improve the overall client experience over the past 12 months.

Contented Mr. Babatunde Fajemirokun, MD/CEO of AIICO Insurance Plc, appreciates the leadership of BusinessDay, the organisers of the awards, AIICO’s esteemed customers, employees, the board, and other stakeholders to whom the award was dedicated. He promised the company will not relent and would continue to do better at what it does- creation and protection of wealth for its customers. He was represented by Mr. Olusanjo Shodimu, (divisional head, shared services.)

The BAFI Awards, backed by BusinessDay’s research and intelligence unit, recognise the achievements of players in the financial services industry in several categories that cut across banking, insurance and other financial services.

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