In a quest to ensure graduates in the College of Insurance and Financial Management Studies (CIFM) secure employment in government institutions across the various levels of government in the country, the Chartered Insurance Institute of Nigeria (CIIN) has concluded plans with the office of the Head of Service of the Federation to gazette the Institute’s professional qualifications for employment in the Civil Service.
President/Chairman of Council of the Institute, Lady Isioma Chukwuma, revealed this during a press briefing to highlight the success recorded by the institute in the past 11 months after her investiture as the 47th President.
According to her, the process, when completed would become an added advantage to holders of the CIIN’s certificate seeking employment into any government institution across the various levels and tiers of government.
She noted that the Institute is presently exploring every means possible at situating the CIIN brand on the global stage, adding that they are presently fine-tuning its exemptions relationships with CII (UK).
“We have consolidated the existing off-shore examination centres of the Institute in Banjul, Gambia, Kigali and Rwanda and presently pursuing with vigour the extension of the frontiers of our professional examinations to the West African sub-region and other parts of sub-Saharan Africa.
“We have also re-structured the corporate affairs unit of the institute in order to effectively drive this agenda.
However, It is my utmost belief that the results of these actions shall manifest in the shortest possible time,” she said.
On promotion of CIIN members, she said that the institute has over the past years focused on improving exiting members’ benefits and for that reason, group life policy had been incepted for all past presidents and all elected council members.
The policy according to her provides a sum assured of N5 million per life.
Likewise, the Institute had also instituted a group life policy for all financial professional members.
“The policy provides a sum assured of five hundred thousand naira (N500, 000) for each life assured and the policy also covers two hundred and fifty thousand naira (N250, 000) for permanent disablement arising from accident,” she stated.
On renewed pursuit of training for insurance teachers on a national level, she said that the Train-the-Trainer programme was designed for the up scaling of insurance education and to ensure that insurance teachers possess the required skills for imparting the necessary knowledge to the future generation of insurance practitioners.
She noted that the programme was first carried out in Lagos and Ogun States and has since been replicated in other parts of the country.
“We are presently engaging some states we have visited to fashion out modalities to host the programme in such states,” Chukwuma said.
She assured that the laudable idea of the Train-the-Trainer programme has been well received and many states have shown enthusiasm in partnering with the Institute and the College in this regard.
The CIIN boss further affirmed that the Institute has also aided in the study and teaching of insurance by providing support to institutions across the country through donation of course books, equipping libraries with study materials and equipment and also by imploring insurance professionals to volunteer as teachers and lecturers in institutions so as to cover for the dearth of insurance teachers and lecturers in our institutions.