By Sola Alabadan
The incoming President of the Chartered Insurance Institute of Nigeria (CIIN), Mrs Yetunde Ilori has promised to enhance education, professionalism, institutional recognition, and capacity building within and outside the insurance industry during her tenure.
She stated this while addressing journalists on Monday in Lagos.
As the world is undergoing a digital revolution, she said the insurance industry is no exception, pointing out that there is a critical need to bridge the knowledge gap about insurance.
“We must move beyond simple awareness campaigns and empower the public with real education,” she said.
Appreciating that technology would help to reach new audiences, she said “We will leverage existing channels and institutions to deliver insurance education outside the industry. Imagine insurance as a core subject in secondary schools or a focus for training programmes. This will significantly enhance insurance literacy across the nation.”
To transform learning within the industry for the members, the CIIN would be embracing ẹ-learning, she stated, noting that partnerships with established platforms would provide
convenient and engaging learning experiences.
Ilori also said executive training opportunities would be a cornerstone of the CIIN initiative, stressing that “By partnering with reputable institutions, both local and international, we will offer certification programmes that elevate professional skills.”
Besides, she said that the CIIN would create a tiered training programme modelled after business schools, adding that “From entry-level to executive levels, our Institute will become the premier destination for insurance education in Nigeria.”
To promote the highest standards of professionalism, she informed that the institute would ensure strict adherence to its code of conduct, make every professional to know the demands of the certificate he or she holds and strive to make the CIIN qualification as prestigious as those offered by the other institutes.
To elevate the Fellowship Programme of the institute, she said a rigorous review of the Fellowship assessment process would ensure it continues to meet the highest global standards, stressing that “We are committed to offering exceptional educational programmes that are continuously improved to meet the evolving needs of the industry.”
To build a recognised institution, Ilori stated that the institute would establish a credible awards programme with well-defined criteria, so as to celebrate excellence and inspire others to strive for greatness.
To enhance capacity building, she promised to strengthen the CIIN Secretariat, as well as build expertise in certain sectors, such as Marine and
Aviation insurance, requiring specialised knowledge.
As a way of investing in the future, she hinted that scholarship programmes would nurture talent from colleges and universities.
She further stated that “We will also establish a Chartered Insurance Analyst (CIA) product to qualify exceptional individuals,” while also creating internship programmes to bridge the gap between academics and practical experience.