The Chartered Insurance Institute of Nigeria (CIIN) has commended Continental Reinsurance for contributing N62 million towards the establishment of an ICT facility at the College of Insurance and Financial Management.

The commendation was communicated at a formal cheque presentation by the Chairman of the Governing Council of CIIN, Jide Orimolade, who also serves as the institute’s Deputy President.

Describing the initiative as transformative for the Nigerian insurance industry, Orimolade commended Continental Re’s unwavering commitment to capacity building.

He said: “The value we see in Continental Re is very close to our hearts. Strengthening the skill set within the insurance industry is crucial and this support represents a significant step toward achieving that goal.

“When the industry recognises the College of Insurance as a hub for producing skilled professionals, it will enhance its reputation as a source of qualified talent to fill critical roles.”

The Group Managing Director of Continental Re, Lawrence Nazare, reiterated the company’s commitment to fostering the industry’s growth. He explained that the initiative aligns with Continental Re’s broader strategy to promote excellence and sustainability within Africa’s insurance landscape.
Nazare highlighted that Continental Re recently launched the Continental Re Academy, which aims to collaborate with local institutions such as CIFM to enhance training and capacity-building efforts in the Nigerian insurance sector.

“Our academy focuses on aligning training programmes with local industry demands to equip graduates with the necessary skills for success,” he said.