Coronation Insurance Chief Executive Officer Olamide Olajolo has said Africa's insurance industry stands at a defining moment – where technology must serve people, not replace them.
Olajolo said, “As leaders, it is our collective duty to build trust, drive technology adoption, and deepen access to security for individuals and enterprises. I am honored to serve alongside colleagues who share this commitment to Africa's prosperity.”
“At Coronation Insurance, we believe smart insurance isn’t just digital; it’s trusted. By leveraging AI and data, we are building systems that predict risk more accurately, resolve claims faster, and empower customers with confidence.
“But real change lies in fostering the talent, the people who will build the insurance institutions of tomorrow,” he said ahead of his speech at the 2025 Africa Financial Summit (AFIS) on November 3-4 in Casablanca, Morocco.
Olajolo will participate in a high-level roundtable session titled “Smart Insurance: Sharpening Up Claims, Risk Modeling and Operations with AI and InsurTech.” The discussion will explore how artificial intelligence (AI) and digital tools are redefining insurance operations, improving claims accuracy and deepening inclusion in African markets.
Their participation is part of Coronation Group's wider participation at AFIS 2025, where conversations will focus on how Africa can mobilize domestic and institutional capital to boost private sector growth.
This year's summit, themed “Unlocking Africa's Financial Sovereignty: From Savings to Strategic Power”, will bring together more than 1,000 leading voices in finance, including top bankers, insurers, asset managers, fintech innovators and regulators, to discuss how Africa can strengthen its financial systems and harness the continent's full economic potential.
Together, Coronation's leadership in banking, insurance and asset management reflects a unified vision of strengthening the continent's financial foundation and unlocking prosperity through innovation, trust and long-term thinking.
The Africa Finance Summit remains one of the continent's most influential platforms for shaping financial leadership and cooperation. Coronation's partnership underlines its objective to create a prosperous future for its customers and the African continent and its mission to provide transformative solutions to Africa's challenges.
…also appointed to the jury of the African Financial Summit (AFIS) Awards
Olajolo has also been appointed as a member of the prestigious jury for the AFIS Awards 2025 – African Insurer of the Year.
The AFIS Awards will take place during the 2025 African Financial Summit, a high-level gathering of policymakers, financial executives and innovators shaping the continent's financial future.
The African Financial Summit (AFIS) Awards celebrate the pioneers shaping the continent's financial ecosystem. This year's African Insurer of the Year Award will recognize outstanding executives and institutions that drive innovation, trust and sustainable growth in Africa's insurance sector, fostering resilience and expanding protection in communities.
Olajolo's appointment strengthens Coronation's role as the leading African financial services partner for sustainable wealth creation and aligns with Coronation's broader mission of providing transformative solutions to Africa's challenges.
Olajolo joins an esteemed panel of industry leaders, including Barbara Chesire from Kenya, Yared Mola from Ethiopia, Namaqua Ntini from Zambia and Mehdi Taji from Morocco, all renowned figures whose leadership is shaping the future of insurance and financial regulation across the continent.
Together, they will recognize and celebrate an insurer whose vision and innovation is redefining risk management and financial inclusion in Africa.
