The Chartered Insurance Institute of Nigeria(CIIN) has collaborated with the University of Lagos(UNILAG), Babcock University, Delta State University, among other tertiary institutions to deepen insurance education in the country.
The President of the institute, Mr. Eddie Efekoha who disclosed this at a media parley in Lagos, noted that CIIIN is working with UNILAG to commence a Master Degree in Insurance, of which the Senate of the school had recently given approval to this proposal while discussions are ongoing to ensure that Delta State University have an Insurance Department at the degree level.
He disclosed that the institute is equally collaborating Babcock University to start offering Insurance Education, adding that CIIN, as part of its mandate to promote insurance education, is planning an Annual Award to reward best students in Insurance and Actuarial Science from tertiary institutions across the country. He said, discussion is already going on with UNILAG and Lagos State University(LASU) to be part of this initiative.
Efekoha equally added that the institute has gotten approval from its council 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.
Stating that his administration will give the needed publicity to the College of Insurance and Financial Management to attract more enrollment, he said, this would be done through advertorials in various media across the country, even as the institute has budgeted N50 million for the college’s auditorium, as part of its facelift plan.
The Director-General of the Institute, Mr. Richard Borokini, noted that the institute is organising a millennials assembly, which will serve as a forum to provide mentorship to young professionals.
He said facilitators will be drawn from both within and outside the Insurance industry, adding that various issues affecting the sector will be discussed and the millennials will be giving opportunities to suggest way forward for the industry.
Earlier, Efekoha had said the assembly is opened to professionals within age 21 to 30, adding that, the institute had written to insurance firms to send their staff within the age bracket to attend the event and that 31 companies had so far indicated interest to participate.
The institute, he said, is mindful of the fact 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.
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