CIIN lauds elders contributions to insurance industry’s growth

Council members of Chartered Insurance Institute of Nigeria with elders at the event.

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Chuks Udo Okonta

The President Chartered Insurance Institute of Nigeria (CIIN) Edwin Igbiti, has said insurance industry has come this far, largely because of efforts put in over the years by elders.

Igbiti stated this today at the 2023 CIIN Elders’ Forum in Lagos, adding that the contributions made by elders is one of the major reasons why the Elders’ Forum remains one of the most important platforms through which the institute seeks to acknowledge the invaluable contributions of its founding fathers and mothers.

“The roles you played as pioneers in laying the solid foundations upon which the Institute, and the Insurance Industry took flight, remains evergreen in our hearts,” he posited.

He noted that as the institute refreshes its bond with the industry elders, it assures them that it would continue to build on the foundations they have laid for the industry.

Elders at the event.

“It is our hope that this occasion provides opportunities for our dignified elders not only to network but also serve as an avenue for you to continue to participate in the Institute’s activities, it is evident that you have been living healthy, you all look gracious and upright,” he submitted.

Igbiti also used the event to introduced
the Industry coursebooks on Insurance Broking to the erudite elders, stressing that the Insurance Broking Coursebooks, is one of the five arms of the post-qualification levels and that the others are the course books on loss adjusting, micro-insurance, oil/gas and takaful.

He said the post qualification routes are being followed in order to ensure that qualified professionals are those who will proceed in specialising in any desired area from broking to loss adjusting to Takaful, to microinsurance and/or oil and gas aspects of insurance business.

To this end, he said the institute has partnered sister organisations in the industry like the Nigerian Council of Registered Insurance Brokers (NCRIB) and Institute of Loss Adjusters of Nigeria (ILAN) to produce the first set of technical coursebooks on the segments in the country.

“Today, the Institute, in partnership with NCRIB, is launching the Insurance Broking course books at three levels of assessments namely; Foundation, Intermediate and Associateship which culminated into the outcome of enlightening and equipping members to proceed into insurance broking professionals.

“The goal is to provide and equip our professionals with knowledge that is tune with the realities and demands of modern-day insurance broking practice. To bring this home, these books being launched were designed in line with the new syllabus of the concerned courses, the contents of which will take our industry to greater levels and improved standards. so we do not fall below already set standards,” he said.

He commended efforts of the examination committees of both NCRIB and that of the Institute as well as that of the Chairman of both committees, Past President Laide Osijo and Past President Olusola Ladipo-Ajayi, who was ably represented at the event by the Deputy Chairman of the Committee, Mrs. Adeyinka Adekoya, respectively for the sterling work they have done through the years.

He maintained that the institute examinations remain a source of pride in the insurance industry in Nigeria and beyond, stressing that it is the institute’s duty to ensure that its values never waiver and its offerings do not fall below the standards that we have set.

To educate the elders on how to cater for their health a consultant psychiatrist, life coach, mental health advocate, author, theologian and anthropologist, Dr. Adeoye Oyewole, who also leads Lifecare Consult, a humanitarian consultancy initiative to care for and support people with mental health issues, behavioural and human development challenges and a lecturer at Ladoke Akintola University of Technology, Ogbomoso, Oyo State, lectured the elders on what they needed to do to maintain healthy lifestyle.

Chief S.O. Asorobe and Paper presenter, Dr. Adeoye Oyewole at the event

He counseled them to eat balance diet, engage in regular exercise, be good to people, fear God and avoid things that are harmful to the body system.

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