IICC to drive compulsory policy awareness with training

The Insurance Industry Consultative Council (IICC) has vowed to intensify efforts in the promotion of insurance awareness in Nigeria.

To this end, it would start with a training on compulsory insurance scheduled to hold on February 6, 2019, at Asaba, Delta State.

The training, which is one of the initiatives of IICC, is aimed at actively encouraging insurance education and will see participants receive training and sensitisation on the categories of compulsory insurance and the laws governing them, among other topics.

Participants will be given deep insight into liability/compulsory insurance, assessment and rating of compulsory insurances and claims administration.

Already, participants for the programme have been drawn from government parastatals in Delta State and the private sector.

Chairman of IICC, Eddie Efekoha, stated that the council was totally focused on promoting the growth of the sector and the training is one of the platforms it was leveraging on.

“This training further serves to reiterate, the commitment of the IICC to achieving its laid down objectives and to promote insurance awareness in Nigeria. With insurance, you have the ultimate keys to live and work with freedom.

“A lot of Insurance products and offerings are not being patronised and enforced because of inadequate understanding of insurance Laws, we are passing across invaluable knowledge to the participants at the seminar that will aid the dissemination of their duties.

“The training on compulsory Insurances has become a fixture in the Calendar of the Insurance Industry. Last year, it was held in Abuja and this time, it is going to be held in Asaba. We will continue to rotate the regions where the trainings will hold in a bid to ensure that the message reaches every nook and cranny of the country,” he said.

It would be recalled that IICC was formed in 2013 to act as the unifying voice of the industry in Nigeria and to represent it on national issues while taking up roles that would serve the best interest of the sector.

The Council is made up member bodies which include The National Insurance Commission (NAICOM), Chartered Insurance Institute of Nigeria (CIIN), Nigerian Insurers Association (NIA), Nigerian Council of Registered Insurance Brokers (NCRIB) and the Institute of Loss Adjusters of Nigeria (ILAN)