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By Henry Uche
Alliance & General Insurance Plc has expressed optimism that 2024 even as it stands poised to navigate the complexities of the insurance landscape with resilience and determination to break new grounds.
Speaking at its 2024 Strategy Session held in the picturesque setting of College of Insurance and Financial Management (CIFM) in Ogun State recently, with the theme, ‘Rejigging the Power Behind You’, the Managing Director/CEO, Felicia Bolajoko David, said the company’s management team evaluated its position as a business and how they would leverage opportunities while mitigating threats going forward.
“The discussions were not just about profit margins but the core values and culture that define us as an organisation” Bolajoko David remarked.
The strategy session wasn’t solely focused on business outcomes, but recognized the importance of a harmonious and motivated team, hence the session also incorporated training on personal hygiene, wellness and health.
The management team and department heads participated in recreational activities designed to foster team cohesion and create a workplace that transcends the boundaries of professional responsibilities.
“We are not just a company; we are a community. Our success is deeply intertwined with the well-being and unity of our team. The training sessions on personal hygiene and wellness were not just a corporate initiative but an investment in the health and happiness of our most valuable asset – our people,” commented Olafisoye Folashade, Executive Director of Operations.
In a statement, its Chief Marketing Officer, Aluor Stephen Agusah, added that the company took a comprehensive evaluation of its standing, Mission, Vision, and the intricacies of its SWOT analysis as they look towards the horizon of 2024, with a renewed sense of purpose and a commitment to innovation and inclusivity.
The consultancy expertise of Fuller Yield Consults, represented by Mr. Steve Olayinka, Dr. Tope-Philips Aikhuemelo, and Mr. Lateef Barnabas, were instrumental in steering the sessions towards a pragmatic and forward-looking approach.
The team was brought face-to-face with the stark realities of the market, and through the guidance of the Consultants, the underwriting company developed a robust action plan for the upcoming year. Moreover the company promised its shareholders bigger returns in the coming year.
