Business

July 23, 2024

Incoming CIIN president unveils agenda for insurance industry growth

Incoming CIIN president unveils agenda for insurance industry growth

By Cynthia Alo

The incoming president of the Chartered Insurance Institute of Nigeria (CIIN), Mrs Yetunde Ilori, has said that the Institute will leverage technology to deliver insurance education, promote professionalism, and build expertise in niche areas when she assumes office.

At a press briefing in Lagos, Ilori summarized her agenda with the acronym EPIC, which stands for Education, Professionalism, Institutional Recognition, and Capacity Building.

Ilori, who is the former Director-General of the Nigerian Insurers Association, NIA, said she hopes to enhance educational programs, foster innovation, promote ethical practices, and strengthen collaborations with regulators and stakeholders, adding that the Institute will leverage technology to deliver insurance education, promote professionalism, and build expertise in niche areas.

The agenda also includes establishing a credible awards program, strengthening the CIIN secretariat, and providing internship opportunities, expressing confidence in achieving the ambitious goals, citing the Institute’s commitment to excellence and the support of its members.

She said: “EPIC was chosen after taking a critical look at our industry, assessing where we are and where we should be. This acronym encapsulates our commitment to Education, Professionalism, Institutional Recognition, and Capacity Building within and outside the insurance industry