AIICO Insurance gets UK certification on Business Continuity Management
AIICO Insurance plc, a leading provider of insurance solution has bagged the Business Continuity Management System (CMS) ISO 22301:2012 from the British Standard Institution (BSI), after going through a rigorous exercise that saw top staff of the Company certified in an international training course.
The certificates formally presented to the company by representatives of the British Standard Institution at an elaborate ceremony Monday underscores the company’s high regard for professionalism and strong value proposition of the company.
Following this feet, AIICO Insurance has set the standard for Business Continuity Management in its sector and indeed Africa. This certification recognizes the organization as a compliant business entity, well positioned to provide continuity of service in the event of a business disruption, ensuring that key activities are resumed within agreed timelines. David Sobanjo, group managing director said: “The award attests to AIICO’s resolve to remain the leader in its sector and ensure a sustainable business environment that guarantees consistent customer satisfaction”
Commenting further, he noted that the certification reflects AIICO’s unwavering desire to comply with regulatory, statutory and contractual obligations. He reaffirmed the company’s resolve to keep striving for greater milestone in the bid to sustain customer confidence.
“the certification was a result of a major overhaul in the company’s operations and processes following months of endless process audit and business simulations, and this was necessary to ensure that our customers keep receiving top-in-class and consistent service levels comparable to what obtains in the developed nations.”
The main driver for implementing the ISO 22301 is AIICO’s desire to enhance their preparedness to manage and reduce the impact of any disruption on their business, and with the implementation AIICO Insurance plc has increased its resilience, enabling greater continuity of service to its clients.
Dele Fajemirokun, chairman of AIICO who was full of excitement on the Award said it is testament of the Company’s commitment to serve its customers well. “The certification is also a visible demonstration of AIICO’s competence in the insurance sector, leading to increased customer confidence and competitive advantage.”
Shahm Barhom, general manager, Training BSI, Middle East & Africa stated that the certification is the reflection of AIICO’s strength in the Nigerian Insurance sector, buoyed by consumer confidence and its competitive advantage above its peers. This further underscores the level of professionalism and value proposition which the company upholds.”
AIICO Insurance plc is the largest life insurer in Nigeria and has grown its non-life business significantly in recent years, to become one of the major players in its market segment and strongly affiliated to Chartis Group, Zurich Insurance Munich Swisss Re amongst other reputable industry players.
By: Modestus Anaesoronye