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Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, has been named one of Nigeria’s leading insurance providers after winning the Life Insurance category at the 2025 Risk Analyst Insurance Brokers Performance Review Awards.
The annual awards, organised by Risk Analyst Insurance Brokers Limited, assess insurance underwriters on key performance indicators such as claims settlement efficiency, quality of service delivery, responsiveness, and the strength of broker–underwriter relationships. The review is designed to promote accountability, enhance service standards, and build confidence within Nigeria’s insurance industry.
The recognition underscores Stanbic IBTC Insurance Ltd’s strong operational framework, timely claims settlement, and collaborative, partnership-focused approach, reinforcing its reputation as a reliable and credible underwriting partner. The 2025 award further highlights the company’s consistent performance and commitment to excellence in the life insurance segment.
Commenting on the achievement, the Chief Executive of Stanbic IBTC Insurance, Akinjide Orimolade, said the award reflects the organisation’s focus on dependable service, prompt claims processing, and customer-centric support. He noted that the recognition affirms the trust placed in the company by clients and partners, adding that Stanbic IBTC Insurance remains committed to continuously raising industry standards.
Also speaking, the Chief Executive of Stanbic IBTC Holdings, Chuma Nwokocha, described the award as a testament to the strength of the Group’s insurance business and its broader commitment to building resilient, enduring institutions. He said Stanbic IBTC Insurance continues to set benchmarks in professionalism, service quality, and operational excellence, strengthening its position as a trusted partner for individuals and businesses nationwide.
The 2025 Risk Analyst Insurance Brokers Performance Review Awards recognition reflects both Stanbic IBTC Insurance Ltd’s leadership in life insurance and Stanbic IBTC Holdings’ wider institutional focus on developing high-performing, trusted financial institutions that support Nigeria’s economic growth and the advancement of the insurance sector.
