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.
Key dates:
1. Nominations deadline: 5 April 2024
2. Awards ceremony: 3 June 2024
The 2024 Annual African Insurance Awards ceremony will take place in Windhoek, Namibia, on 3 June 2024
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.
Entries for each award category shall be screened by an independent committee for shortlisting.
The shortlisted entries for each category shall be forwarded to the judging panel in a form summarizing the nomination content and supporting information / evidence.
An online score sheet shall be provided to the judges. In completing the score sheets, Judges shall consider the following:
The criteria for scoring will focus on the following: what was done; what was achieved and supporting evidence.
Once the judges complete evaluations for each nominee in line with the score sheets, the scores are collated and averaged with equal weights.
The judges discuss in depth about the submission of the top 3 nominees in each category. They can provide insight into some of the nominees where they know the industry/country better than the other judges.
The winner is selected based on the nominee that has the highest number of “first position.”
Board Member, Africa Re Foundation
Editor, Commercial Risk Africa
Managing Director, Afro-Asian Insurance Services Ltd. (AAIS)
Directeur Général, CICA-RE à Lomé
Président Directeur Général de la Compagnie Centrale de Réassurance en Algérie (CCR Alger)
Chief Executive Officer Africa, Cooper Gay
Administrateur, Société Atlas Courtage Tunisie
Executive Chairman, ACTIVA Group
COO-Member of the Board of Management for Africa- Allianz SE
Owner / Editor, COVER Publications
Lloyd’s General Representative for Mauritius;
co-founding Partner/Director and Consultant, Reinsurance Solutions Group
Fomer Chief Executive Officer, Jubilee Insurance Company of Kenya
Béné Boévi LAWSON
Président de la Fédération des Sociétés d’Assurances de Droit National Africaine (FANAF)
Simon Chikumbu
Membre du Conseil de " Africa Re Foundation" et Président de l’Association des Sociétés d’ Assurance (ASACI) de Côte d’Ivoire
Mr Sere Mady Kaba is an experienced director with a demonstrated history of working in Financial Sector.
Managing Director of Ghana Union Assurance Co. Ltd. and the first female President of the Ghana Insurers Association.
Since joining the insurance industry in 1987, Mr. Léonidas Baragunzwa has worked in different capacities in various insurance entities and countries.
Dr Kuria has a B.A in Economics and M.A in Leadership. He worked for 36 years in the Financial Services sector,...
Yared Mola has over 30 years of proven track record in risk management, Insurance and leadership.
Managing Director of the Namibia National Reinsurance Corporation Ltd (NamibRe), a position she has held since 2014...
Hajjat Sebyala aka MAAMA INSURANCE one of the Female Trailblazers of the African Insurance Industry...
Mrs Lamia Ben Mahmoud has a very wide experience in the insurance field. She has been the CEO of her country’s reinsurance company, Tunis Re, for more than ten years.
Abdalla Ahmed Abdalla Eltoom is the current General manager of the Islamic Insurance Company since Sep.2018 to date.
Sammy M MAKOVE, Commissioner of Insurance and CEO, Insurance Regulatory Authority (IRA)
BA Gen. Dip. Ins. WAII, AIS, MBA, CPCU, ACIArb, FWAII
MANAGING DIRECTOR – AUREOL INSURANCE COMPANY LIMITED. Mr Macauley began his career with the Aureol Insurance Company in 1990.
President of the African Insurance Organization (AIO), Board Member of the Organization of East and Southern Africa Insurers (OESAI) and Policy Holders Compensation Fund (PCF).
CEO, Asia Insurance Review and Middle East Insurance
Group Managing Director, Consolidated Hallmark Insurance Plc and its subsidiaries
Director-General of Nigerian Insurers Association (NIA) with over 35years’ experience in the insurance industry...
M. Bachir Baddou, Directeur Général de la Compagnie d’Assurance Transport
Chief Executive Officer of NicozDiamond Insurance Limited,
GROUP MANAGING DIRECTOR/CHIEF EXECUTIVE OFFICER, NEM Insurance Plc.
Directeur Général de la CNMA, mutualité agricole
Administrateur-Directeur Général de la Société Commerciale Gabonaise de Réassurance « SCG-Ré »
Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Nigeria
Commissioner for Insurance at the Central Bank of The Gambia
Président Directeur Général, AVENI-Ré
President of the Ghana insurers Association. (GIA)
Chief Executive Officer of Allianz Global Corporate & Specialty South Africa Ltd. (AGCS).
The African Insurance Awards are proudly presented by
