L-R: NCRIB President, Prince Babatunde Oguntade, Chairman House Committee on Insurance and Actuarial Matters, Hon. Usman Jaha, CIIN President, Mrs. Yetunde Ilori, and NIA Chairman, Mr. Kunle Ahmed at the Stakeholders Retreat in Lagos.
The President/Chairman of Council of Chartered Insurance Institute of Nigeria, Mrs. Yetunde Ilori joined insurance industry experts and other stakeholders at the Interactive Retreat with the members of the House Committee on Insurance and Actuarial Matters.
The event hosted dignitaries, including Chairman, House Committee on Insurance and Actuarial Matters, Honourable Ahmadu Usman Jaha. Deputy Chairman, House Committee on Public Assest, Hon. Dabo Ismail Talban Toro, Nigerian Council of Registered Insurance Brokers (NCRIB), President, Prince Babatunde Oguntade, Chairman, Nigerian Insurers Association (NIA), Mr. Kunle Ahmed, NIA Director General, Mrs. Bola Odukale, amongst others.
The session focused on the current state of the insurance industry, emerging trends, and the need for regulatory reforms to enhance consumer protection and industry stability.
In her remarks, President Ilori highlighted the critical role that the insurance sector plays and emphasized the importance of insurance awareness across all nooks and crannies of the country. She beaconed on legislators to buy into the insurance awareness scheme for a sustainable industry.
Ilori admonished the legislators to encourage study of insurance in their various constituencies through scholarships awards, giving grants to their constituents to study insurance and also partner with the College of Insurance and Financial Management (CIFM) by encouraging young ones to enrol for the insurance diploma programme at the college.
The CIIN President appreciated the House Committee and expressed her heartfelt gratitude to the Hon. Jaha for the support received during her investiture recently.
The House of Representatives Committee on Insurance and Actuarial Matters is currently reviewing a range of legislative proposals that could have significant implications for the insurance industry.
