For the second time in three years, fast growing Life Insurer, FBNInsurance Limited, has been announced as the 2016 Best Life Insurance Company in Nigeria by World Finance, organisers of the prestigious World Finance Global Insurance Awards.
Shedding more light on the criteria used in choosing the winners, a statement on the organiser’s website, www.worldfinance.com, stated: “The recipients of this year’s World Finance Global Insurance Awards are made up of the most impressive names in the business, and as governments around the world attempt to stimulate their economies through fiscal reform, we pay tribute to the insurance firms doing their bit to restore order. Our judging panel boasts over 230 years of financial and business journalism, supported by a research team that works round the clock to ensure our award winners are the most deserving in their sector.”.
Reacting to the development, Head, Marketing and Corporate Communications, FBNInsurance, Elizabeth Agugoh, credited the awards to her company’s commitment to a well-defined, people-focused corporate strategy. “As a local player with continental affiliations, we understand the mindset of the average Nigerian towards insurance. This is why we have employed the most effective strategy to cut through the bias and apathy holding back the market to become one of the nation’s most trusted insurers. We are delighted to win this award again; it shows we are doing many things right,” she concluded.
Since 2007, World Finance has been celebrating achievement, innovation and brilliance in their annual awards. It will be recalled that FBNInsurance won the Best Life Insurance Company in Nigeria accolade at the 2014 edition of the awards. Earlier this year, the company was named the Insurance Company of the Year by inspenonline, an online insurance and pension news platform.