GOXI Microinsurance Limited has received the ‘Micro Insurance Leadership Company of the Year 2023 Award’ from the African Leadership Review.

In a statement, the Chair of the Awards Committee, Prof. Joseph Mba, described the excellence in Corporate Enterprise and Leadership Award as a commendable effort by the African Leadership Review.

He said it recognised outstanding individuals and companies, contributing to Africa’s advancement through leadership, innovation, and competence in diverse fields.

In his acceptance speech, the Chief Executive Officer, GOXI Microinsurance Limited, Mr Shina Gbadegesin, expressed the company’s honour and pride in receiving the award.

He said, “We are dedicated to empowering lives and safeguarding futures through micro-insurance solutions.

“We are open to collaborating with microfinance banks, institutions, associations, telcos, aggregators, and other stakeholders to provide risk management solutions to low-income, micro, and small-scale enterprises.

“We appreciate the recognition from organisations like the African Leadership Review, which rewards genuine contributions to various sectors of the economy. We view this award as motivation to achieve even more.”

Gbadegesin reassured its commitment to overcoming these challenges.

He highlighted the company’s record of prompt claim payments to business owners, such as traders, artisans, and MSMEs, since its inception.

Gbadegesin emphasised GOXI Microinsurance’s role in promoting financial inclusion and providing essential coverage to vulnerable segments of society.

The Chairman of World Quality Assurance, Dr. Stanley Ohenhen, presented the award to GOXI Microinsurance Limited during the ceremony.

GOXI Microinsurance Limited was licensed as a standalone micro-insurance company under the guidelines of the National Insurance Commission.

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