L-R: Charles Nwachukwu (GM Business Development), Stephen Alangbo (Managing Director/CEO), Abiodun Adedipe (Chief Consultant, B. A Adedipe Associates LTD), Funke Adenusi (NCRIB Vice President),and Peter Ekwueme (ED Technical Operations) at the brokers engagement in Lagos.
Lagos, Nigeria – November 12, 2024.
Cornerstone Insurance Plc, one of Nigeria’s leading insurance firms has today hosted distinguished insurance brokers to an engagement event in Lagos. The event brings together valued partners to celebrate a year of collaboration marked by shared successes.
Stephen Alangbo, Managing Director/Chief Executive Officer, Cornerstone Insurance, addressed the audience with a message of gratitude, acknowledging the significant role the brokers play in the company’s journey. Alangbo stated, “We want to appreciate all of you for supporting us this far. There were challenges that confronted us, and you stood by us. Today, we are waxing stronger thanks to your collaboration with us.”
Recognizing Cornerstone’s reputation as a leader in the African insurance industry, Alangbo added, “Today, we can say Cornerstone Insurance is the number one company in Africa; it is all because of you, and that is why we felt it is good for us to come present the award to you, and celebrate you for standing by us.” He also highlighted plans to explore further opportunities and deepen the company’s partnership with brokers in the coming year.
Prince Tunde Oguntade, President of the Nigerian Council of Registered Insurance Brokers (NCRIB) in his remarks, applauded Cornerstone’s exceptional track record, urging brokers and customers to continue their partnership with the company, he said, “When we see a good thing, we share the good news of companies that are doing very well, and Cornerstone has topped the list. We congratulate you and confirm that you are doing well, but it can be better. We see that some customers see you as their delight.”
The keynote speaker for the event, Abiodun Adedipe, Chief Consultant at B.A Adedipe Associates Ltd, emphasized the importance of quality service in attracting new business. “When we talk of growing your share in the market, it is about being fixated on growth. That’s key – as you grow, you become bigger, attracting clients who, in turn, bring others to you,” he explained.

Charles Nwachukwu, General Manager, Business Development, highlighted Cornerstone’s recent milestones, including an impressive profit of over N17 billion in the previous year, the prestigious ‘Insurance Company of the Year 2024’ award from the African Insurance Organisation (AIO), and the recognition of Mr. Alangbo among the top 25 CEOs of the year by BusinessDay Newspaper. “None of these achievements would have been possible without your support. We felt it was right and nice to bring everybody in and thank you for your support,” Nwachukwu remarked.
Throughout the event, attendees shared testimonials on Cornerstone’s commitment to timely claims payments, underscoring the company’s dedication to customer satisfaction and excellence in service.
Cornerstone Insurance’s award-winning year has solidified its standing as a leading insurer in Africa, with a steadfast focus on innovation and collaboration, the company is poised for continued growth and success.
About Cornerstone Insurance
Cornerstone Insurance is licensed and re-certified by the National Insurance Commission (NAICOM) to do both general and life business. As the first insurance company in Nigeria to provide customers with an online platform for insurance transactions, our services are technologically driven by cutting-edge insurance applications. These services are accessible with ease through the internet and on mobile.
At Cornerstone, we remain committed to both our core values of integrity, empathy, professionalism, innovation, and team spirit and our continued mission of delivering value beyond expectations through needs-based products and quality service.
Media Contact:
Paul Iwunwa
Marketing and Corporate Communications




