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By Henry Uche
In the midst of multi-layered challenges facing the insurance business in Nigeria, among other sectors, the Chartered Insurance Institute of Nigeria (CIIN) has re-echoed to the inductees its four-point agenda, viz—Education, Professionalism, Institutional Recognition, and Capacity Building (EPIC) under the current leadership of the Institute.
The President/Chairman of the Council of CIIN, Mrs. Yetunde Ilori, while addressing newly inducted 166 Associates, Post-Qualifiers, and 18 Fellows into the Institute at the College of Insurance and Financial Management, Aseese, Ogun State, stressed that CIIN does not take for granted its EPIC agenda as long as her administration is concerned.
The 19th induction ceremony, which marked the 61st edition of the Institute’s examination, saw the presence of eminent figures in the industry, whose invaluable insights, fountain of knowledge, and experience were signposted for the new breeds to lean on and grow.
Ilori charged them with dedication and unwavering commitment to the principles of excellence, ethics, and professionalism, which are the cornerstones of the industry.
“We are not just honouring your academic and professional accomplishments; we are also recognizing your potential to lead, innovate, and contribute to the continued growth and development of the Nigerian insurance sector.
“Your journey to this point has been marked by intense training, rigorous examinations, and the application of knowledge in real-world situations, and this induction ceremony is not the end of the road—it is the beginning of another era. An epoch where you are entrusted with upholding the integrity of our industry, advancing its values, and contributing to its future success.”
The CIIN Chief restated the pivotal role insurance plays in the economic stability of any nation, including providing a safety net that individuals and businesses rely on, offering protection against unforeseen risks, and empowering people to build their futures with confidence. This, she stressed, can only happen when professionals adhere to the highest standards of conduct and continuously strive for excellence.
“You are being reminded of the responsibility that comes with being a member of this prestigious Institute. As you join the ranks of Associates, Post-Qualifiers in the Loss Adjusting Route, and Fellows, you are expected to be ambassadors for the industry—advocates for its growth, its relevance, and its ability to meet the needs of society.
“As an Institute, we are committed to fostering a professional environment that upholds the highest standards of education, professionalism, and ethical conduct. Our collective vision is to create an insurance sector that is not only resilient but also responsive to the ever-evolving needs of the Nigerian people.”
She added that the four pillars (EPIC) guide CIIN’s initiatives and inform the work members do to elevate the standards of the industry. “As you embark on your professional journeys, I urge you to reflect on the values that have brought you this far and continue to uphold them as you take on leadership roles. Let these values be the foundation upon which you build your careers and the insurance sector as a whole.
“Chartered Insurance Institute of Nigeria remains a beacon of excellence and a model for professional development. You are now part of an esteemed group of professionals who shape the future of our industry. We look forward to seeing the great contributions you will make to the insurance sector and to the Nigerian economy as a whole. I have no doubt that, together, we will build an enviable future for the Nigerian insurance industry,” she assured.
