Babawale Johnson Aderemi
Ag. Chief Underwriting Officer
Veteran life & pensions executive with decades of frontline experience across underwriting, group schemes, product development, and regional leadership. Recognized for building profitable books, strengthening broker relationships, and mentoring high‑performing teams across Nigeria and West Africa.
Credentials
- Associateship of the Chartered Insurance Institute, London (ACII), 1991
- HND, Insurance — Lagos State College of Science & Technology, Isolo (now LASUSTECH), 1978–1982
Education
- Lagos State College of Science & Technology, Isolo — HND Insurance (1978–1982)
- Secondary Commercial Grammar School, Ada, Osun State (1972–1975)
- St. Peter’s Anglican Primary School, IBA, Osun State (1963–1969)
Professional Experience
| Period | Organization / Role / Key Contributions |
|---|---|
| Jul 2025 – Present |
insureOnGo — Chief Underwriting Officer (CUO) Lead underwriting strategy and portfolio performance across all products and channels; set risk appetite, pricing frameworks, wordings, and referral/exception limits; manage reinsurance/cover-holder arrangements and insurer-panel governance to achieve target loss ratios and growth. Build and optimize digital underwriting rules, KYC/sanctions/fraud controls, and straight-through processing; standardize SOPs/SLAs with carriers and TPAs; oversee technical underwriting QA, audits, and MI (conversion, hit ratio, loss ratio, claims trends). Partner with Product/CX/Claims to reduce leakage and cycle time, resolve complex risks, and improve NPS; ensure compliance with NAICOM conduct/suitability requirements and internal controls; provide portfolio and risk reporting to the CEO/Board. |
| Jan 2015 – 2022 | AZA Insurance Brokers Ltd — Managing Director / CEO Led the company and workforce; spearheaded marketing; implemented policies and operational roadmaps. |
| 2012 – 2014 | Dynasity Insurance Brokers Ltd — CEO Oversaw general administration, technical operations, marketing, and finance. |
| Jan 2009 – Jul 2012 | Capital Express Assurance (Liberia) Ltd — Head of Operations Deputized for the MD; managed company administration; planned and controlled technical division; supervised marketing and finance. |
| 2007 – 2008 | African Insurance Company Ltd — Regional Manager (West) Managed Ibadan branch operations; represented company across South‑West; marketed life products with focus on group life; liaised with brokers and clients. |
| 1997 – 2006 | Royal Exchange Assurance (Nigeria) Plc — Head, Life & Pensions Department Directed department operations; presented products to public & private sector; led underwriting; engaged brokers, associations, and actuaries; developed products; represented company at forums; senior management & product committee member. |
| 1994 – 1996 | Equitable Life & Mercantile Assurance Co. Ltd (ELMAC) — Senior Manager (Pioneer Head, Life & Pensions) General administration; underwriting; marketing; client & broker liaison; product development. |
| 1992 – 1994 | Colenson Brokers, Surulere — Senior Manager Marketed insurance services; liaised with insurers on underwriting & claims; selected/placed risks; pursued adequate compensation for claimants. |
| 1987 – 1992 | Guinea Insurance Plc, Lagos — Assistant Manager, Life & Pensions Quotations for individual/group schemes; cost/benefit schedules; underwriting; medicals & reassurance; claims settlement; client & broker meetings. |
| 1983 – 1987 | Insurance Brokers of Nigeria (IBN) — Life & Pensions Superintendent |
| 1982 – 1983 | NYSC — Lagos State College of Science & Technology, Isolo — Lecturer (Insurance Courses) |
| 1981 | Nigerian General Insurance Co. Ltd, Lagos — Industrial Attachment (Various Depts.) |
| 1976 – 1978 | Nigerian General Insurance Co. Ltd, Lagos — Clerical Officer (Life & Pensions) |
Selected Papers & Presentations
- Effective Administration of Staff Retirement Benefit Schemes
- Risk & Challenges of Pension Fund Management in Nigeria
- Pension Reform Act 2004: General Overview
- Strategies for Managing Life Insurance Fraudulent Claims
- Life Assurance: Scope, Framework & Administration
- Life Assurance: Sales & Underwriting
Why choose insureOnGo
Transparent pricing • Secure transactions • Multi‑insurer comparisons • Local compliance