CIIN Confab to explore how insurance can impact the economy

Ahmed

Chuks Udo Okonta  

The 2014 International Education Conference of the Chartered Insurance Institute of Nigeria (CIIN) will provide another opportunity for insurance practitioners to explore how they can improve their contributions to the economy.

A statement by its Director/ Head Corporate Affairs, Joseph Obah, said the annual confab which brings together top echelon practitioners and key operatives who hold the reins in their respective organisations, is slated for 17th to 19th June, 2014 at the External Ballroom, Federal Palace Hotel, Victoria Island, Lagos, and will focus on the theme: “Re-dimensioning the Insurance Industry Contributions to the National Economy”. 

The CIIN President, Fatai Lawal, said the conference theme could not be more apt, stating that the conference seeks to provoke the thoughts of participants who are key practitioners in the sector to the buoying effects of the rebasing of the economy which would, among others, show the real contribution of the insurance sector to the nation’s GDP that currently stands at 0.6 per cent.

He noted that this low contribution to national productivity has always been in tandem with the low insurance penetration index in the country which operators now have ample opportunities of reversing.  

Chief Executive Officer, Economics Associates Nigeria, DR. Ayo Teriba, and Vice Chancellor, Joseph Ayo Babalola University, Osun State Prof.Sola Fajana will lead other eminent speakers at the Conference.

CIIN’S Director-General, Kola Ahmed, noted that that the Conference will provide other opportunities by virtue of its sub-theme titled: “Paradigm Shifts in Insurance Education for Greater Relevance” which will be addressed by PROF. Fajana, adding that the papers will thereafter be discussed by a panel of eminent Speakers in a Roundtable Session which will be moderated by Sir Ogala Osoka, Chairman, Enterprise Bank Limited.  

Meanwhile, the Annual General Meeting and Council Elections will hold during the same period at the same venue and climax with the Investiture of Bola Temowo as the 46th President of the Institute on Thursday 19th June, 2014, commencing at 2.00pm, signalling a busy schedule during the period for the 55 year old Professional body.