Insurance industry has intensified its search for future generation professionals in the various tertiary institutions across the nation as the sector may just be at the mercy of the National Universities Commission (NUC) to help the sector actuate its dream of having insurance included in the curriculum of tertiary institutions across the nation.
The hunting for future generation insurance professionals became passionate in the wake of the need for continuity and growth of the insurance.
The Chartered Insurance Institute of Nigeria (CIIN) may catch in on the expansion of tertiary education in every sub-region of the country more so now that individuals, corporate bodies and religious bodies are being licensed to establish private universities in the country by the NUC.
NUC is the major accreditation body that enforces uniform standard and sets admissions capacity of every University in the nation and has the power to compel tertiary institutions to include insurance in their curriculum.
Professor Eric Arubayi, Vice-Chancellor of Delta State University, Abraka, a professor of Educational Administration and Policy Studies who received a delegation of the CIIN at his office in Abraka, Delta State, said that all hope of the insurance industry and dream of the CIIN for new generations professionals could become a reality afterwards.
Prof Arubayi who assumed the office of the Vice-Chancellor on December 1, 2009 remarked, â€œThe proposal of the CIIN the professor commended is a laudable on but stated that there are processes to be followed through which the insurance industry can actuate its quest for inclusion of insurance in the universities as either a core course or a required subjectâ€.
He declared, â€œGeneral Studies courses are prescribed by NUC hence l will advise the CIIN to direct their appeal to NUC so as to build insurance as a course in the General Studies and once the insurance institute meets the criteria of the university commission, the NUC may then mandate universities to start insurance as a course and that will spread across both federal and states universitiesâ€
Delsu VC thus advised insurance industry to pursue the inclusion of insurance in the banking and finance department rather than in the business administration because he believed that insurance and banking are cousins.
Mr Sunny Adeda, CIIN president who was in company of Mr Adegboyega Adepegba, Director-General of the CIIN, Mr Adeleke Ojabanjo, CIIN Warri Chapter chairman, Mr Godspower Aghofure of Mutual Benefit Assurance and Mr Joseph Obah, the institute image maker appealed for the inclusion of insurance in the Delsuâ€™s curriculum.
According to him, â€œWe are therefore here today in quest of the inclusion of insurance as a course of study in the frontline university. We are willing to share experiences with the Vice-Chancellor and his team on the modalities for establishing an insurance department and to offer our hands of fellowship in resolving whatever obstacles may be militating against this noble ventureâ€