African Alliance Insurance Plc, recently rewarded hard work among its agency managers through presentation of fabulous prizes to agents who recorded outstanding performances in insurance distribution in different parts of the country in 2016.

The company, did this at the 2016 edition of its annual Agency Managers’ award organised in Lagos.

Addressing the agents, African Alliance immediate past Managing Director, Alphonse Okpor, said the annual award was instituted to motivate hard work and  achievements among insurance sellers  and encourage  them to work harder.

Describing the year 2016 as a tough year, Okpor said though the agents could not meet the target set for them, the company decided to celebrate their effort through the award to motivate them to work harder in the current year 2017.

He challenged the company’s agents who have not won any award since inception to work hard so as to be celebrated like their counterparts.

He was optimistic that insurance sector cannot be affected by the prevailing recession in the economy insisting that even if it is only one sector of the economy that is doing well, the agents should be aggressive enough to sell insurance to the sector to enable it protect its assets.

He said before now, one of the problems of insurance  industry in Nigeria was non -payment of claims but that African Alliance has emerged one of the companies that revolutionalised the industry through prompt payment of claims.

Also speaking, General Manager Marketing of the of the company, Ikechukwu Emezi, said through the annual Agency Managers’ award, African Alliance has made it part of its  culture to celebrate those who brought glory to the company. He said the company during the celebrated year 2016, tried to introduce a number of innovations into the system but could not achieve much because of budget.

He disclosed that the company, did wonderfully well  in its Annuity business during the year but that the unprecedented problem that arose during the course of the year between NAICOM and PenCom, the two regulatory agencies of government overseeing the activities of insurance Managers and pension fund administrators brought a major setback in their activities.

Emezi, was optimistic that the problem will be resolved soon believing that when resolved, life insurance business managers will fly higher.

At the award ceremony, Mrs. Yinka Fadipe emerged the first and best agent in marketing and selling of Annuity in 2016 having generated N1.383billion premium. Similarly, Rev Sylvester Onu, was another outstanding agency manager of the company having carried trophy three consecutive times for outstanding performance in insurance marketing  for the company.