The Chartered Insurance Institute of Nigeria (CIIN) has called on its members to shun and report unethical behaviours by fellow members.
In a letter to its members obtained by The Nation, the institute stated that the major problem facing the growth and survival of the industry is misconduct by practitioners.
The letter reads: “The major challenge facing the growth and survival of the insurance industry is the unethical behavior of insurance practitioners
“This has brought about the dire need for us to stand up in order to save the Industry. The survival of the Industry will be guaranteed if we all play by the rules.
“Do not look the other way. Please report any act of misconduct by practitioners to the institute. The institute can only apply the law when cases are reported. Join us in the crusade for a better Insurance industry.”