Cornerstone Insurance underscores industry wide shift toward innovation, resilience

L-R: Cordelia Ekeocha, head, Marketing and Corporate Communications Group; Abimbola Akinloye, head, General Business Underwriting; Akinjide Afolabi, regional Manager, Stephen Alangbo, GMD/CEO; Temitope Adobe,team lead, Victoria Island Branch; and Valerie Erewa, Warri Branch Manager at the award ceremony in Lagos.

Cornerstone Insurance Plc, one of Nigeria’s leading underwriting firms have underscored the industry wide shift towards innovation and resilience, while emphasising on the Company’s positioning as a leading player.

Stephen Alangbo, group managing director, Cornerstone Insurance Plc speaking during receipt of Award as Insurance Company of the year for 2025 captured not just the company’s momentum, but a broader shift shaping Nigeria’s insurance industry.

He said as operators respond to changing customer expectations, digital disruption, and economic realities, the emphasis is increasingly on innovation, resilience, and value-driven service delivery areas where Cornerstone Insurance Plc says it is deliberately positioning itself.

“This recognition as Insurance Company of the year is a strong affirmation of the dedication, resilience, and professionalism of our entire team at Cornerstone Insurance Plc.”

With these words, Alangbo set the tone as Cornerstone Insurance Plc reflected on its continued drive for excellence, innovation, and customer-focused service in Nigeria’s insurance industry.

Alangbo reaffirmed the company’s commitment to building trust and delivering value, noting that Cornerstone Insurance remains focused on continuously improving its products and services to meet the evolving needs of customers and stakeholders.

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He added that as the insurance landscape changes, the company will keep investing in innovation, technology, and talent to remain a dependable partner in protecting the dreams and aspirations of Nigerians.

Beyond the recognition, Cornerstone Insurance’s growth has been driven by strategic investments in digital platforms, efficient claims management, and customer-centric offerings. The company has continued to strengthen its position in the market by providing accessible and innovative insurance solutions tailored to individuals, families, and businesses.

As it expands its footprint, Cornerstone Insurance remains focused on deepening financial protection and empowering customers to confidently navigate life’s uncertainties.
Cornerstone Insurance Plc is licensed by the National Insurance Commission (NAICOM) to provide both general and life insurance services. The company pioneered online insurance transactions in Nigeria and continues to leverage technology to make its services easily accessible across digital and mobile platforms.

Modestus Anaesoronye

Modestus Anaesoronye is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pension sectors across Nigeria and West Africa. He has held key editorial positions at major national media outlets, including The Comet, The Nation, and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Ltd. A widely travelled reporter, he has covered industry developments in more than 14 countries across Africa and Asia. Anaesoronye is a multiple award-winning journalist, honoured several times as Insurance Journalist of the Year and Pension Journalist of the Year by recognised industry bodies, including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp), among others.