
AIICO Insurance Plc, Nigeria’s leading composite insurer, has expanded its annual Annuity Forum beyond Lagos to Port Harcourt, strengthening engagement with retirees across the country.
The forum serves as a yearly platform for interaction, feedback, and celebration with annuity customers.
The Lagos edition of the event was lively, combining business and leisure with health checks, entertainment, quizzes, and refreshments.
It created space for constructive conversations on improving customer experience while fostering a sense of community among retirees.
Annuitants who attended expressed gratitude to AIICO for its consistency and reliability.
Oba Ogungbayi Akanni Wasiu, a retired officer from the Ministry of Education, testified that he has received his monthly payments without fail for 15 years.
Similarly, Mrs. Judith Chibuogwu, a retired Director of Nursing from LUTH, described her experience since March 2025 as “wonderful,” praising AIICO’s steady payments and enlightening discussions on retirement and wellbeing. She revealed she is already encouraging colleagues to join.
Welcoming the retirees, AIICO’s Managing Director/CEO, Mr. Babatunde Fajemirokun, described the gathering as more than a meeting but a “celebration” of resilience and trust.
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He reassured customers about the safety of their funds amid online claims of mismanagement.
Fajemirokun clarified that annuity funds are kept with pension custodians under strict regulatory guidelines, beyond the reach of individual company staff. This, he stressed, ensures transparency, security, and professionalism in fund management.
Echoing the message, Mr. Gbenga Ilori, Executive Director, Retail Business Division, emphasized that the company owes its existence to its customers. He said the forum provides a vital avenue to listen, respond, and strengthen connections with retirees.
With more than 25,000 annuitants nationwide and over ₦1.7 billion paid out monthly, AIICO has cemented its position as a leader in Nigeria’s annuity market. The company continues to back its growth with innovation, financial strength, and unmatched customer service.
The Port Harcourt forum, scheduled to hold in the coming weeks, will bring the same experience to retirees in the South-South region. This marks the beginning of AIICO’s plan to take the engagement platform nationwide across all geopolitical zones.
Founded in 1963, AIICO Insurance Plc has built a 60-year legacy of trust, delivering life, health, and general insurance as well as investment management services. With its annuity forum expansion, the company is deepening bonds with retirees while reaffirming its role as a dependable partner in their retirement journey.