Tag: Leadway

  • Leadway launches first ever lifestyle fair to empower and spotlight young entrepreneurs

    Leadway launches first ever lifestyle fair to empower and spotlight young entrepreneurs

    Leadway, one of Nigeria’s top non-banking financial services and wellbeing providers, has announced Media Dash 3.0, a lifestyle fair.

    Leadway in a statement said this edition features the first-ever Leadway Lifestyle Fair, a physical engagement platform designed to give young Nigerian SMEs a more robust platform to showcase their brands, connect with target markets, and gain visibility that will help them scale their businesses.

    The two-day event will take place from Saturday, 27th December to Sunday, 28th December at L’eola Hotel, Maryland, Lagos, featuring brand showcases, vendor exhibitions, SME spotlights and partnerships, live music, youth engagements, and a kiddies’ corner for family activities. This creates a vibrant and engaging experience for all attendees.

    The Chief Executive Officer of Leadway Pensure PFA, Olusakin Labeodan who spoke on behalf of Group, stated that Media Dash is one of Leadway’s frontline support initiatives, spotlighting young Nigerian entrepreneurs by freely ceding its flagship advertising assets and media slots to help businesses build awareness and scale.

    Past editions have empowered youth-owned enterprises by promoting their brands nationwide on digital and offline channels at no cost, helping entrepreneurs increase their reach and engagement across audiences.

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    He said: “Building on this, Media Dash 3.0 evolves beyond visibility and media slot campaigns to deliver an immersive lifestyle and community brand experience. This edition introduces the Leadway Lifestyle Fair, designed to drive even greater impact and strengthen the brand’s strategic positioning as an SME-empowering partner.

    “Media Dash initiative aligns with our well-programmed support for Nigerian SMEs. With the newly introduced Lifestyle Fair, this offer small businesses a wider platform to physically connect with new customers and boost their visibility, all at no cost. Our entire business ecosystem is built around providing support and succour to businesses and individuals, and this affirms that commitment.”

    “At the Lifestyle Fair, participating SMEs get free exhibition space to showcase and sell products to a larger, engaged audience. Entrepreneurs interested in exhibiting can apply through Leadway Holdings’ Instagram page by Monday, 15th December 2025”, he noted.

  • Leadway celebrates 55 years of innovation, others

    Leadway celebrates 55 years of innovation, others

    Leadway, one of Nigeria’s foremost non-banking financial services and wellbeing providers, is celebrating 55 years of innovation, resilience, and inclusive impact across West Africa.

    The Group Managing Director of Leadway Holdings, Tunde Hassan-Odukale said from its inception in 1970 as an insurance company, Leadway has evolved into a diversified group championing financial access, inclusion, and wellbeing for individuals and businesses across the region.

    He stated that as at date, Leadway’s integrated offerings span life and general insurance, health coverage, pensions, asset and wealth management, estate planning, hospitality and credit solutions, empowering millions to build resilient financial futures.

    He said: “Leadway’s journey is, in many ways, the story of Nigeria itself—one of resilience, diversity, and progress. We began with the mission of providing succour and financial freedom to individuals and businesses through risk management.

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    “Over the years, that mission has expanded into building a holistic ecosystem that now encompasses insurance, pensions, health, investments, trusteeship and hospitality. This milestone is both a testament to the trust we have earned and the excellence we continue to uphold. Leadway has built its reputation as Nigeria’s most consistent claims-paying insurer, disbursing nearly N500 billion in claims between 2016 and 2024, including N117 billion in 2024 alone.

    “Through its HMO subsidiary, the group continues to deliver award-winning healthcare services to millions of Nigerians through a network of more than 2,500 hospital providers nationwide while continuously increasing robust financial portfolios and securing the future of many Nigerians through its Pensions and Asset Management subsidiaries”.

    He noted that beyond Nigeria, Leadway has expanded its regional footprint into Côte d’Ivoire, strengthening its leadership in Francophone West Africa through Leadway Assurance, Ankara Services and Leadway IARD. The Group’s legacy also extends to impactful social initiatives.

    “Leadway Media Dash provides young entrepreneurs and SMEs with visibility by showcasing their businesses on Leadway-owned platforms. Its long-standing support for the Lagos International Trade Fair underlines its commitment to commerce and enterprise in the sub-region. Leadway also invests in Nigeria’s creative economy, sponsoring the Lagos Leather Fair, supporting the Nigerian Pavilion at the London Design Biennale, and championing emerging talent through the +234 Art Fair and Creative Bloc Carnival, among others.

    “As Leadway marks its 55th anniversary, it reflects on a journey marked by impact, resilience, and trust while restating its goal to create creative and inclusive financial, health, and wellness ecosystems for its clients. “We are committed to creating the next chapter of Africa’s financial services wellbeing powerhouse, offering digital-first solutions that are unparalleled, people-focused, and competitive on a global scale, with our past guiding us and shaping the future ahead”, Hassan-Odukale reaffirmed.

  • Leadway’s latest campaign poised to transform Nigerian market

    Leadway’s latest campaign poised to transform Nigerian market

    Leadway’s No Looseguard campaign’s creative excellence has formally been recognised by Pitcher Award, one of Africa’s most prestigious accolades in marketing and advertising.

    According to a July report published by Lagos-based asset management firm, Afrinvest, only 0.4per cent of Nigeria’s population of over 200million have insurance. This is one of the lowest globally and compares with 11.5per cent in South Africa, 3.9per cent in Morocco and 2.4per cent in Kenya.

    The low penetration of insurance has therefore compelled operators to wear their “thinking caps” with innovative thinking in this digital age. One of the results of thinking out of the box is the No Looseguard campaign which beyond visibility, has seen a sharp rise in product inquiries, particularly among younger audiences and first-time insurance buyers with strong interest in key products including motor, term life, household, and goods-in-transit insurance. For an industry notorious for low penetration, that’s the real shake-up.

    Commenting on the feedback from the campaign, Digital Team Lead, Leadway Assurance, Olubukola Afolabi, said: “We saw a gap between what insurance is and how it is perceived, No Looseguard bridged that gap with truth and creativity, and we’re glad to see these results.”

    To be honest, the insurance industry in Nigeria has never been the life of the party. The sector is one of the most tightly regulated industries because it deals directly with people’s futures, livelihoods, and finances, all of which demand strict standards of accuracy, fairness, and compliance. However, this leaves the industry with a stiffened audience. For decades, most campaigns sounded the same: “Insurance is good for you” or “Protect yourself from unforeseen circumstances.” Accurate? Yes. Exciting? Definitely not.

    Everyone knew this was the norm, and to be blunt, it was boring. People could see how other industries communicated — playful, bold, creative. But creativity is a big risk, and no one wanted to be the first to take it. So the industry stayed put, stayed safe. Until Leadway took the lead.

    The risk-bearer came with No Looseguard campaign, a bold move that flipped the script.

    No Looseguard, from Nigerian streets, means “don’t slack,” “stay sharp,” “don’t dull.” It’s everyday wisdom, the kind you hear in bus stops, markets, and group chats. Leadway took this familiar phrase and plugged it right into its insurance offerings — motor, life, household, and goods-in-transit Insurance. This turned Insurance from some distant, formal product into a clever life hack.

    The campaign strategy was simple but revolutionary: instead of explaining insurance benefits through technical terms, Leadway demonstrated the consequences of not having insurance through familiar Nigerian scenarios.

    From catchphrase to culture, at launch, the campaign wasn’t just another insurance ad — it was a cultural moment. The stories were very relatable: from the auto insurance video which tells the story of a young man who had come to spend the evening with his sweetheart, who ignored the “area boys” and came back to find his car stripped, or the trader in goods in transit insurance ad, whose night out ended with news of damaged goods and rising bills, the message was the same: being unprepared costs more.

    There was also the proud homeowner in the householder insurance ad, get too distracted to sign his policy, only to wake up knee-deep in floodwater. And the fourth ad in the series dedicated to Term Life, we followed a man whose entire morning seemed out to get him — from falling ceiling fans to sparking chargers. These weren’t just ads. They were cautionary stories told with humour, insight, and undeniable relatability.

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    The message landed because it felt personal. It wasn’t insurance talk from a distance. It was common sense, in the language Nigerians already understood.

    Since launch, Leadway’s No Looseguard campaign has drawn significant attention, with over 15 million views and 20 million impressions. It sparked both online and offline conversations — from radio mentions to social media buzz and pop culture parodies. The campaign’s creative excellence was also formally recognised with a Pitcher Award, one of Africa’s most prestigious accolades in marketing and advertising.

    No Looseguard has redefined what’s possible in insurance marketing, proving that compliance and creativity can go hand in hand. By turning culture into a bridge, not a barrier, Leadway has set a new standard where relevance matters more than regulation.

    The Nigerian market has experienced a fresh, relatable approach to engagement and expectations have shifted. More than a campaign, No Looseguard is now a blueprint for industries stuck in routine, showing that even highly regulated sectors can thrive when they speak in the language people understand.

  • Leadway Pensure PFA advocates inclusion

    Leadway Pensure PFA advocates inclusion

    Leadway Pensure PFA has highlighted the urgent need to bring the informal sector into pension early.

    This strategic inclusion is critical for providing financial security and reducing retirement poverty for workers outside the formal system.

    The company made the call during the Inspensonline Retirement Summit,with the theme, “Attaining good retirement amid economic headwinds.”

    Representing the Executive Director, Sales & Investment, Oluwafemi Adebayo, Head High Networth Clients (HNC) Unit, Leadway Pensure PFA, Mr. Olugbenga Oriowo, focused on the necessity of leveraging the micro pension scheme to alleviate poverty among individuals in the informal sector.

    Oriowo analogised life stages to the universal need for structured financial planning, regardless of one’s employment.

    He underscored the gap in pension coverage in Nigeria’s vast informal sector, highlighting the  paradox given its contribution to the economy.

    Noting the critical challenge, he said: “While Nigeria’s informal sector comprises an estimated 75 million individuals, representing a significant economic force, only a fraction, roughly 0.23 per ent as of February 2025 are enrolled in the Micro Pension Scheme.

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    “These are our friends, family members, drivers, and domestic workers. The key question to address is; what happens when these individuals reach their elderly years without a financial safety net? Without efforts to educate and encourage enrolment in the micro pension scheme, there is a risk of poverty, placing an undue burden on future generations. It is incumbent upon stakeholders to drive this essential financial literacy and inclusion.”

    He acknowledged efforts by regulators and PFAs to simplify micro pension contribution, including digital remittance.

    Discussants shed light on financial habits, contrasting the billions spent yearly on speculative activities like betting with the low penetration of micro pension accounts.

    Oriowo reiterated Leadway Pensure’s stance on advancing financial literacy and inclusion, particularly in the informal sector.

     The PFA is focused on simplifying enrolment, requiring only a National Identity Number and a valid ID, and leveraging technology, including USSD codes, to make contributions accessible and help more Nigerians build towards a comfortable and financially independent retirement, he added.

  • Leadway donates N117m to Borno flood victims

    Leadway donates N117m to Borno flood victims

    Leadway Group has donated N117 million in relief packages and cash to the Borno State flood victims in response to the floods that have devastated communities across the state.

    The disaster affected over a million residents, displaced thousands, and caused significant damage to infrastructure and property.

    The Leadway’s financial contribution is aimed at easing the burden on affected communities, support the state’s recovery efforts, and assist thousands of displaced residents as they rebuild.

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    The donation, which comprises essential cooking supplies and hygiene products valued at N92 million and N25 million cash was offered to the relief fund and a non-governmental organisation (NGO) providing critical services to the displaced persons for distribution to them by individuals identified by the Borno Flood Relief Project Committee.

    Group Chief Executive Officer, Leadway, Tunde Hassan-Odukale, stated: “We deeply empathise with the people and government of Borno State during this difficult time.

  • Leadway Health HMO CEO champions technology-driven healthcare

    Leadway Health HMO CEO champions technology-driven healthcare

    The Chief Executive Officer, Leadway Health HMO, Dr Tokunbo Alli, has urged Nigerians to embrace technology-driven healthcare solutions to enhance preventive care and wellness.

    He stated that the rapid evolution of healthcare demands that technology lead the way, adding that preventive care had evolved beyond routine check-ups, including integrating health management into our daily lives through technology.

    He noted that Leadway Health HMO is committed to leading this transformation by providing solutions that enable Nigerians to manage their health for early warnings, ensuring more efficient and accessible care.

    He said: “Leadway Health HMO has positioned itself as a pioneer in leveraging technology to improve healthcare accessibility and efficiency.

    “The company’s comprehensive health plans feature a range of tech-driven services, including telemedicine, allowing patients to consult healthcare professionals remotely and receive timely medical advice regardless of location.’’

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    Leadway Health HMO chief emphasised the pivotal role of technology in revolutionising healthcare delivery across Nigeria.

    He is advocating the widespread adoption of innovative healthcare technologies, aimed at reshaping the nation’s healthcare landscape and fosters a healthier, more resilient population.

    The firm had stated that in the wake of the COVID-19 pandemic, the need for technological advancements such as telemedicine had become urgent.

    A 2021 World Health Organisation report stated that a striking 60 per cent surge in telemedicine usage in Nigeria during the pandemic, with new platforms emerging to serve remote communities.

    Also, a 2023 report by the International Data Corporation highlights a 32 per cent increase in the shipment of wearable devices to Africa. These devices, which track vital health metrics like heart rate and physical activity, empower individuals to control their health proactively.

  • Leadway Assurance maintains lead with N67b claims payment

    Leadway Assurance maintains lead with N67b claims payment

    Leadway Assurance Company Limited has maintained its position as the leader in claims payments for the eighth consecutive year. It disbursed N67.1 billion claims in 2023, a significant increase from the N57.5 billion paid the previous year.

    Managing Director, Mr. Gboyega Lesi, broke the news at the 52nd Annual General Meeting (AGM) in Lagos.

    Lesi said the journey began in 2016 with N23 billion in claims payments, the highest by any insurer.

    He stated that each subsequent year has seen substantial growth, from N27.40 billion in 2017 to N33.80 billion in 2018, reflecting Leadway’s commitment to its policyholders.

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    He noted that claims payments rose to N38.40 billion in 2019, showcasing Leadway’s ongoing dedication to excellence.He said: “Despite the challenges of the COVID-19 pandemic in 2020, the company supported its policyholders with N43.5 billion in claims, demonstrating resilience and reliability.The unprecedented and sustained trend continued with N48 billion in 2021 and an impressive N57.5 billion in 2022.

    “Leadway’s substantial and consistent claims payments have earned the trust and confidence of policyholders, setting a benchmark in the industry. The company is also focused on operational efficiency, innovation, and customer experience enhancement.

    “We remain ambitious in our quest to be the dominant insurance company in Nigeria. Our strategic focus on customer-centricity, digital transformation, and business agility will drive us forward.

    Chairman, Gen. Martin Luther Agwai (rtd), added: “As leaders in our market, we are committed to sustainable growth by reaching new customer segments and exploring innovative distribution channels.’’

  • Leadway Pensure appoints Labeodan as CEO

    Leadway Pensure appoints Labeodan as CEO

    • Idris retires

    Leadway Pensure Limited has appointed Olusakin Labeodan as its new Chief Executive Officer (CEO) effective June 1.

    In a statement, the firm stated that this follows the retirement of Mr. Lanre Idris, who worked with the company for over 18 years in various top management positions.

    Before this appointment, Labeodan was the Group Chief Marketing Officer, Leadway Holdings Co. and has been instrumental to planning, developing, and executing comprehensive business marketing strategies for the Leadway Group.

    With over two decades of experience in non-banking financial institutions, Olusakin has demonstrated a strong track record in strategic management, organisational synergy, sales, and business development for corporate performance and value capture within Leadway Pensure and the broader Group.

    Labeodan is known for visionary leadership, strategic growth management and innovation. As Group Chief Marketing Officer, he was pivotal in shaping and executing the organisation’s marketing and group synergy strategies, significantly contributing to sales growth and market expansion.

    His tenure as Executive Director of Sales & Investment at Leadway Pensure PFA further solidified the company’s market leadership through diversified growth initiatives and a commitment to relationship-centric customer service.

    Idris said: “Olusakin is a dynamic leader with a proven ability to steer organisations towards success. Having served together for several years, I have witnessed his strategic insight and deep understanding of our industry. He is the quintessential talent to lead Leadway Pensure into its next phase of growth and development.”

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    Labeodan stated: “I am deeply honoured to assume the role of Chief Executive Officer at Leadway Pensure. I am committed to building upon the strong foundation laid by my predecessors, driving the company towards continued innovation, market leadership, and sustained value creation. With our resilient team, I am confident that we will overcome today’s macroeconomic dynamics and seize opportunities further to deepen Leadway Pensure’s position in the market.

    “I look forward to working closely with our dedicated staff and valued stakeholders.

    Our focus will be on leveraging technology and strategic partnerships to deliver distinctive investment returns and excellent service.

    Labeodan attended the University of Pennsylvania’s Wharton School and IESE Business School.

    His expertise in strategy, leadership, sales, distribution, and business development will undoubtedly contribute to Leadway Pensure’s evolving success.

  • Leadway Assurance appoints Lesi, Ag. MD, Amanwa ED

    Leadway Assurance appoints Lesi, Ag. MD, Amanwa ED

    Leadway Assurance Company Limited has appointed Mr. Gboyega Lesi as the Acting Managing Director of Leadway Assurance Company Limited and Mrs. Oluwafunmilayo Amanwa as the Executive Director, Technical & Operations.

    In a statement, the company said:  “This appointment is subject to the requisite regulatory approval from NAICOM. This strategic move is a testament to Leadway Assurance Company Limited’s commitment to sustaining the highest standards of corporate governance and adherence to regulatory directives.

    “The Board expresses confidence in Mr. Gboyega Lesi’s leadership capabilities, underpinned by his close collaboration with Mr. Tunde Hassan-Odukale over the years.”

    Hassan-Odukale said: “I am  confident in Gboyega Lesi’s leadership, and I believe his expertise and experience in the industry in almost three decades will be instrumental in steering the company towards continued success and growth across the west African insurance market.

    “Mr. Lesi, a seasoned professional with a wealth of experience, is well positioned to lead the company into its next phase of growth. His strategic vision and deep understanding of the industry make him an ideal successor to guide Leadway Assurance on its trajectory of sustained success.’’

    Lesi said: “It is an honour to assume leadership of this esteemed company during such a pivotal time. Our robust growth over the years is attributed to our values, a customer-centric culture, and an engaging approach that sets us apart.

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    “Taking up the mantle to build upon this rich legacy is a challenge I eagerly embrace alongside our dedicated professional team. Our standing is a testament to our stakeholders, brokers, and peerless customers’ trust in our ability to provide convenient, tech-driven, and reliable risk management support. My determination to consistently deliver excellence remains unwavering.

    “I am committed to furthering our accomplishments by placing our clients at the center of every aspect of our operations.”

    In the same vein, Hassan-Odukale reiterated that Amanwa, who takes over from Ms. Adetola Adegbayi, has exceptional portfolio and industry experience which make her a worthy of the appointment.

    “She will help the organisation achieve its strategic objective of attaining best-in-class underwriting excellence and operational efficiency. The company remains dedicated to providing innovative and comprehensive insurance solutions to its diverse clientele. This transition aligns with Leadway’s commitment to fostering seamless succession planning that fosters its mission and values continuity,” he added.

  • Leadway Assurance is Company of the Year

    Leadway Assurance is Company of the Year

    Leadway Assurance has been named the “Company of the Year” at the Insurance Meets Tech (IMT) Conference.

    The award recognised Leadway’s remarkable achievement of being the first Nigerian insurer to cross the N100 billion Gross Premium Income mark last year, demonstrating its commitment to excellence, innovation, and market leadership in the insurance sector.

    IMT’s Convener, Odion Aleobua, expressed his admiration for Leadway Assurance’s accomplishment, stating: “Leadway Assurance has consistently shown dedication to the advancement of the insurance industry in Nigeria.

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    “Crossing the N100 billion Gross premium mark is a testament to their commitment to excellence and their ability to adapt to the evolving landscape of the industry. We are pleased to recognise Leadway Assurance as the Company of the Year at the IMT Conference 2023.”

     Leadway’s Chief Marketing Officer (CMO), Olusakin Labeodan, added: “We are truly honoured to receive the Company of the Year award. This recognition reaffirms our commitment to providing innovative insurance solutions that meet the evolving needs of our customers. It is also on record that we  maintain a six-year industry leading streak of being the industry’s largest claims payer. These milestones motivate us daily to continue delivering exceptional value and service to our stakeholders and customers, leveraging tech and exceptional customer service delivery.”