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.”