Business
CIIN President Cautions Against Encroachment
Mr Julius Adetimehin, President of Chartered Insurance Institute of Nigeria (CIIN), has advised insurance practitioners to stop other professionals from encroaching into core insurance practice.
A statement issued by CIIN in Lagos recently said that Adetimehin gave the advice at his investiture as the CIIN 44th President in Lagos.
He said that there was the need for reawakening of practitioners on the need to ensure sustenance of the profession.
“We must all come together to ward-off the encroachment into the core areas of insurance practice.
“Evidence abounds of insurance services being rendered by bodies without the professional training and experience.
“This is a trend that threatens the soul of our profession, an aberration that deserves our collective attention,” he said.
Adetimehin said that he intended to reposition the insurance profession through a four-point agenda.
He said that the four-point agenda would strengthen the relevance of insurance profession and enhance the quality of insurance education in Nigeria.
“The next 12 months will be dedicated to promoting the relevance of insurance profession and practitioners.
“The institute will initiate the insurance and governmental relations programme of activities that will promote insurance awareness among the three tiers of government,” he said.
Adetimehin said that the institute would develop inputs into the national budget yearly, as well as promote the establishment of the insurance industry forum.
He promised to complete the College of Insurance and Financial Management and ensure its effective take- off during his tenure.
“The Institute will continue to build on the national radio network programmes as well as use all CIIN chapters to embark on local public awareness campaign.
“It will introduce Insurance Career Talk at tertiary institutions and start Insurance Day or Week in selected local government areas to serve as the pilot scheme,” Adetimehin said.