President of the Chartered Insurance Institute of Nigerian (CIIN), Mrs. Funmi Babington-Ashaye has said that the Institute is on a drive to achieve an additional 3,000 members within the next one year.
Ashaye, who disclosed this at a media parley in Lagos, said that the institute is presently made up of 8,976 professionals.
She said, “Pursuant to attaining the set target, I led a delegation of the CIIN to visit the Commissioner for Insurance in Abuja on the September 12, 2017 and after the deliberations, the Commission graciously promised to issue a guideline that will compel all staff of insurance institutions in Nigeria to register as members of CIIN. This will go a long way in achieving our set goal.”
Ashaye noted that the Institute is presently working with the University of Lagos to introduce an Executive Master’s Degree programme in Insurance and Risk Management which will be structured like the programme of Cass Business School (CBS), UK. She added that on successful completion of the CBS Master programme in Insurance & Risk Management, for instance, its graduates are usually eligible to predetermined exemptions from both the CII UK and Nigeria qualifying examinations.
“This also facilitates the attainment of the Chartered Institute Advanced Diploma of both UK & Nigeria. Our desire is to replicate this programme in partnership with the University of Lagos for the benefit of our members.
“The University of Lagos team in conjunction with the institute and Rector of the College of Insurance & Financial Studies are presently working on the content of the proposed M.Sc Risk Management and Insurance Programme. Also, a series of top level meetings are been held by all the key stakeholders to fashion out the best possible modalities for the programme,” she said.
Ashaye noted that the institute has taken the insurance awareness campaign to the youths, adding, “Our desire is to catch them young and imbibe in their consciousness the crucial roles insurance plays in human endeavours.
“As part of this initiative, the Council has developed a roadmap to drive the Institute’s proposed partnership with the National Youth Service Corps (NYSC). Accordingly, the Institute has established contacts with the national headquarters of the NYSC, the Lagos, Ogun and Oyo state chapters to intimate them of the CIIN’s Catch-Them-Young Initiative.
“The pilot edition of the programme will kick-off at the Lagos State NYSC Camp during the November 2017 orientation exercise where a career talk will be organised for the benefit of Corps members. To facilitate continuous information dissemination, a CIIN enquiry and help desk will be on ground throughout the duration of the orientation exercise.
“This initiative, which is designed to help attract young Nigerians into the insurance profession, will be replicated and sustained in other state s of the Federation until it achieves a national spread,” she said.