Cornerstone Insurance Plc has been crowned “Most Innovative Insurance Company of the Year” at the 2025 Finance and Business Online Publishers (FiBOP) National Conference/Excellence Awards.
This prestigious award highlights Cornerstone’s commitment to technological advancement and innovative solutions that are transforming Nigeria’s insurance landscape.
The company’s innovation-driven culture has enhanced customer satisfaction and contributed to the growth of Nigeria’s insurance industry.
Cornerstone offers forward-thinking products like AutoEase, a digital motor insurance platform, Cornerstone MicroHealth, and SmartLife, which leverage cutting-edge technology to simplify access and improve customer experience.
The company has invested heavily in digital infrastructure, artificial intelligence, and data analytics to boost operational efficiency, underwriting accuracy, and claims processing speed.
This investment has cemented Cornerstone’s reputation as a trailblazer in Nigeria’s insurance innovation ecosystem.
Speaking about the award, Managing Director and CEO Stephen Alangbo expressed delight and gratitude, stating, “We are truly honoured by this recognition. At Cornerstone, we believe innovation is not a one-off activity but a culture that drives how we create value for our customers.”
Alangbo also emphasised the vast potential of Nigeria’s insurance industry, noting that collective efforts could significantly contribute to the nation’s GDP.
The award is a testament to Cornerstone Insurance’s commitment to innovation, customer-centric service, and industry leadership.
The company remains dedicated to driving growth and transformation in Nigeria’s insurance sector.
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