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CIIN pledges to boost insurance contribution to Nigerian economy

By on December 10, 2015

Chartered Insurance Institute of Nigeria (CIIN) said it is fully committed to place the insurance industry in a prime position in the financial services sector and the national economy.

To achieve this, the institute said it is receptive to ideas and suggestions from the industry operators geared at guaranteeing success of its plans and projects listed to up grade the buds try.

President of the institute, Isioma Chukwuma who stated this during a courtesy visit to the secretariat of   the Nigeria Insurers Association ( NIA) commended the association for its support and co- operation  with the institute’s in activities such as its training programmes for the industry professionals as the training and educational arm of the industry, its support in the establishment and sustenance of the Insurance Industry Consultative Council (IICC) as a uniform platform for intra-industry co-operation as well as support in ensuring the success of the maiden edition of the insurance industry mega conference held in Abuja during the year.

According to Chukwuma, the mega conference, going by comments of practitioners and stakeholders, has put the insurance industry in good stead to realise its potentials and surmount all the challenges facing insurance profession.
She said this will be more effective if the industry arms continue to act in one accord at all times.

“It is in light of this that I must also express the confidence of our members in the ability of the NIA as it assumes the leadership role in the planning of the second edition of the Mega Conference as agreed upon at the last meeting of the Insurance Industry Consultative Council (IICC).

Chukwuma who took up the mantle of leadership of the institute as its 47th president in August this year, said the Train-the-Trainer project is a veritable platform for upscaling insurance education and ensuring that insurance teachers possess the required skills for imparting the necessary knowledge to the future generation of insurance practitioners.

She also said her administration in CIIN will see to the completion of the institute’s examinations syllabus, review with a view to commencing its implementation.

“It is pertinent to state that the syllabus review exercise has provided the opportunity to widen the scope of the institute’s examinations to include Insurance Broking and Loss Adjusting routes.”

In his response, NIA Chairman, Mr. Godwin Wiggle, thanked the CIIN President for the visit and assured her of the support of the association.