AIICO Insurance celebrates 60th anniversary in grand style 

AIICO Insurance Plc, a leading and frontline player in the underwriting business in Nigeria, commemorated its 60th anniversary in grand style.

The event seamlessly brought together management, staff members, ex-staff members, and other stakeholders to reflect on the past journey and toast to the successes and accomplishments of the company over the years.

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Addressing the gathering, Mr. Babatunde Fajemirokun, the Managing Director/Chief Executive Officer of the company, attributed the staying power of the company to the continued loyalty of the customers as well as the resilience and relentless spirit of the employees.

Drawing a parallel between Nigeria and the company, both of which came into existence around the same time, Fajemirokun highlighted that both entities have weathered and survived turbulent times, demonstrating growth and resilience.

“AIICO, born in the heart of Nigeria, has been a witness and a participant in this nation’s remarkable journey. We’ve grown amidst the oil boom’s promises of the 1970s and adapted during the economic downturns of the 1980s. Our strength was tested during the periods of military rule and the struggle for democracy, yet we emerged stronger, demonstrating the same resilience that defines our nation.”

“In these six decades, AIICO has not only survived but thrived, adapting to changes, overcoming challenges, and seizing opportunities. Our growth mirrors the indomitable spirit of Nigeria – a spirit of perseverance, innovation, and a relentless pursuit of excellence,” he said.

The AIICO Insurance boss urged employees to continue to innovate, serving its community and contributing to Nigeria’s growth.

Highlights of the event included the presentation of awards to recognize and reward top performers in the organization.

The event came alive with a pulsating performance by celebrity DJ, DJ Neptune, setting the crowd ablaze with infectious energy and beats that resonated throughout the venue, creating an unforgettable atmosphere of pure excitement. Additionally, Akpororo’s comedic brilliance illuminated the night, sparking laughter that reverberated across the event. His captivating performance seamlessly blended humor and wit, ensuring an evening of refined amusement for all attendees.

AIICO Insurance stands as a leading composite insurer in Nigeria with a record of serving customers that dates back six decades. The company provides life and health insurance, general insurance, and investment management services, dedicated to creating and protecting wealth for individuals, families, and corporate customers.


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