CIIN inducts new members, seeks industry’s integrity
The Chartered Insurance Institute of Nigeria (CIIN) has inducted 138 new associates and fellows into the fold, in line with plans to raise knowledge and ease in spreading the “gospel” of insurance benefits to the doorsteps of Nigerians.
CIIN, at the 2018 Graduation and Fellowship Awards ceremony, called on the newly inducted members to embrace integrity and avoid unwholesome practices that can tarnish the image of the nation’s insurance industry.
The President and Chairman of council of the institute, Eddie Efekoha, assured members that the responsibilities conferred on the institute by statute have continued to engender a robust platform for the propagation of insurance education in Nigeria.
The event was attended by past presidents, managing directors/chief executive officers of various insurance companies and families and friends of the new inductees and fellows.
“We are conscious of the demands of the dynamic business environment and the role that technology is playing in the evolution of current business trends. Consequently, there is a need to substantially adopt a creative approach to improving the skill set of insurance practitioners.
“There is considerable effort being put into constantly retooling the examination system through regular review of the syllabus and examination structure in order to make it relevant to addressing modern day business challenges.
“The goal is to ensure that Insurance practitioners retain the competitive edge and are well equipped to perform to optimal levels in order to tackle the current challenges in the business landscape and to stand out successfully,” he said.He urged the new associates to take advantage of the Mandatory Continuous Professional Development programmes offered by the institute, in addition to other post-qualification, to improve their knowledge level.
“It is extremely important to point out that by attaining our professional qualification, you have become custodians of the ethics and codes of practice of our noble profession,” he said, adding that the institute recently introduced a new code of ethics for insurance practitioners in Nigeria and “this will be distributed amongst you all today.”
The purpose, according to him, is to set forth the values, principles and standards that will guide the conduct of all insurance practitioners, as instilling ethical behaviour among insurance professionals is the principal way to improve corporate governance and ultimately improve the public image of the insurance .
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