Stanbic IBTC Insurance Gets Award

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, has been recognised as one of Nigeria’s top-performing insurers, winning the Life Insurance category at the 2025 Risk Analyst Insurance Brokers Performance Review Awards.

The award is part of Risk Analyst Insurance Brokers Limited’s annual assessment of insurance underwriters, which evaluates partners based on key criteria including claims settlement efficiency, service delivery, responsiveness, and broker–underwriter collaboration. The initiative aims to promote accountability, raise service standards, and strengthen trust across Nigeria’s insurance ecosystem.

Stanbic IBTC Insurance’s recognition reflects its operational discipline, prompt claims settlement, and partnership-driven approach that fosters long-term confidence with clients and brokers. The 2025 performance highlights the insurance company’s role as a dependable and credible underwriting partner in the market.

The chief executive of Stanbic IBTC Insurance, Akinjide Orimolade said, “at Stanbic IBTC Insurance, trust is built through reliable performance, timely claims settlement, and service that supports customers when it matters most. This recognition reflects the quality of service we provide for our clients and partners. We are honoured to receive this accolade and will continue to raise standards across the industry.”

The chief executive of Stanbic IBTC Holdings, Chuma Nwokocha added, “we are proud of this achievement, which highlights the strength of our insurance business and the broader Stanbic IBTC Group’s focus on building strong, enduring institutions. Stanbic IBTC Insurance continues to set benchmarks in professionalism, client service, and operational excellence; reinforcing our role as a trusted partner to individuals and businesses across Nigeria.”

The 2025 Risk Analyst Insurance Brokers Performance Review Awards recognises Stanbic IBTC Insurance’s performance in life insurance and reflects the broader institutional direction of Stanbic IBTC Holdings; building resilient, trusted, and high-performing financial institutions that contribute to Nigeria’s economic growth and the development of the insurance sector.