Customer appreciation just got exciting in Nigeria’s insurance space as Coronation Insurance Plc, alongside Coronation Life Insurance Limited, officially kicked off the first raffle draw of its ‘Insure and Win Promo 2.0’.
The nationwide campaign is designed to reward loyal policyholders while also encouraging more Nigerians to embrace insurance.
A Reward System for Trust and Loyalty
Held at the company’s Lagos head office and streamed live on YouTube, the raffle draw marked a major milestone since the promo launched in November 2025.
Customers who have maintained active policies were rewarded with exciting prizes, including:
- Power generators
- Refrigerators
- Shopping vouchers
- Household appliances
The initiative is a clear message: loyalty pays—literally.
Building on a Successful First Edition
The first edition of the promo recorded over 20,000 entries, and this year’s version is even bigger.
According to Head of Bancassurance, Uche Okaranwolu:
“This promo is our way of saying thank you to our customers… ensuring they enjoy world-class value and engagement.”
The goal is not just to reward customers but also to boost insurance awareness and adoption across Nigeria.
Transparency at the Core
To ensure fairness and credibility, winners were selected through a digital raffle system under the supervision of key regulatory bodies, including:
- Federal Competition and Consumer Protection Commission
- Lagos State Lotteries and Gaming Authority
Their presence guarantees that the process is:
- Transparent
- Compliant with regulations
- Fair to all participants
Meet Some of the Lucky Winners 🎉
The live draw produced several winners, including:
- Agbor Moses – ₦50,000 voucher
- Ojeaga Ibhade – ₦50,000 voucher
- E.A. Otuedon – Microwave oven
- Charles Ifeoluwa Precious – Bedside fridge
- Daniel Gezah – Power generator (grand prize winner for the draw)
Even winners who couldn’t be reached during the broadcast are assured their prizes, thanks to a secure verification system tied to policy data.
What’s Next? A Car Up for Grabs 🚗
The excitement doesn’t stop here.
The ‘Insure and Win 2.0’ promo will run for several months, culminating in a grand prize draw featuring a brand-new car.
With regulators closely monitoring the process, customers can be confident that:
- All prizes will be awarded
- The process remains transparent
- The campaign meets all legal standards
Boosting Insurance Penetration Through Innovation
Industry analysts see this initiative as more than just a promo—it’s a strategic move to tackle Nigeria’s low insurance penetration.
By combining:
- Rewards and incentives
- Digital engagement
- Strong regulatory oversight
Coronation is addressing one of the biggest challenges in the industry: trust.
Final Thoughts
With ‘Insure and Win 2.0’, Coronation Insurance Plc is redefining how insurance companies engage with customers—making it more interactive, rewarding, and transparent.
As more Nigerians begin to see the value in insurance, initiatives like this could play a key role in transforming the industry’s future.
