AXA Mansard Insurance Plc has been announced as the ‘Best MSME Insurance Company of the Year’ by a leading business publication, Nairametrics, and the Economic Forum Series (EFS).
This announcement was made at the prestigious Annual MSME Finance Awards 2024, held in Lagos.
The recognition, which is endorsed by the office of the Vice President on MSMEs & Job Creation, underscores AXA Mansard’s continued dedication and innovations to strengthen MSMEs in Nigeria.
According to the organisers, the decision for AXA Mansard nominations was reached based on its preliminary scores on an initial assessment as well as extensive deliberations by the Editorial Board of Nairametrics Financial Advocates and the Editorial Advisory Board of Economic Forum Media.
Speaking after receiving the award, Chief Marketing Officer, AXA Mansard Insurance Plc, Adebola Surakat, said the award is another testament to the continued commitment of AXA to provide the right level of support for MSMEs in Nigeria.
She explained that the company recognises the power of MSMEs and continues to innovate to support them through solutions that can mitigate the impact of the volatile business environment.
“We are all aware that MSMEs are the backbone of the economy especially, an emerging economy like Nigeria. As a company, we are aware of the different risks that threaten these businesses and their potential to create jobs and improve our economic indices.
“So, at AXA, we have committed ourselves to ensuring that we design solutions that can mitigate those risks, so these businesses can grow and scale in a sustainable manner”.
“We are extremely happy that today, these solutions that we create in the corners of our offices are generating so much impact, so much that we were shortlisted and after going through the rigorous process, we are pronounced winner of the award tonight.
“We take this honour very seriously. It signals the trust that the market has in us and will serve as another reminder that we must not rest on our oars”, Surakat noted.
The annual MSME Finance Awards 2024 celebrates innovative financial services and regulatory support for Micro, Small, and Medium Enterprises (MSMEs) across Nigeria.
This initiative is part of The Economic Forum Series (EFS) in collaboration with Nairametrics Financial Advocates Limited, a leading financial and business news platform.
As a major player in Nigeria’s insurance landscape, AXA Mansard continuously strives to support MSMEs and startups with innovative solutions tailored to their unique challenges and contribute to the broader economic growth of the nation.
One of AXA Mansard’s flagship initiatives is its Annual Innovation Exchange Program, a 15-week accelerator designed to support technology innovators addressing challenges within the insurance sector.
This program connects startups with industry experts, mentors, and experiential learning opportunities through masterclasses and collaborative sessions.
Successful participants may also benefit from AXA’s support as early customers.