CIIN seals pact with varsities for insurance education

By Bankole Orimisan |   22 October 2018   |   3:05 am  

President of CIIN, Eddie Efekoha

The Chartered Insurance Institute of Nigeria (CIIN) has unveiled plans to deepen insurance education through the universities, as well as equipping young professionals to lift the sector to a greater height.

The President of CIIN, Eddie Efekoha, who disclosed this at a media parley in Lagos, said the initiative is open to professionals between 21 and 30 years, adding that the institute had written underwriting companies to send their staff within the age bracket to attend the event, while 31 companies had so far indicated interest to participate.
According to him, the institute believes that the future of the industry rests on the shoulders of the youth, hence the institute has to prepare them for the the jobs ahead.
Efekoha, who also spoke on other industry developments, said his tenure will focus on key mandate of advancing insurance education and professionalism to propel the insurance sector forward.
He noted that the partnership programmes initiated with some tertiary institutions are already yielding results as the Senate of University of Lagos had last week approved the Memorandum of Understanding (MoU) signed by the parties.
He maintained that the programme, when operational, will pave the way for Nigerians to run Masters degree in insurance in the country, instead of going to London.
The CIIN boss also said the institute’s council has agreed to embark on engagements with National Youth Service Corps (NYSC) across the country, adding that the initiative is poised to attract young people to insurance sector.
On Miss Insurance Pageant, he said the institute will engage the youths to find ways of revamping it to meet the set objectives.

The Director-General of the Institute, Richard Borokini, noted that the millennials assembly will come up soon, adding that the event will provide an avenue to mentor young professionals.

He said facilitators will be drawn from both inside and outside the industry, while various issues affecting the industry will be discussed and the millennials will be given opportunities to suggest way forward for the industry.


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