CIIN Deepens Collaboration with CII London on Human Capital
Posted: 16/Apr/2018

The Chartered Insurance Institute of Nigeria (CIIN) has met with Chartered Insurance Institute (CII), London, United Kingdom (UK) to deepen collaboration on human capital development for insurance.

Insurance Institute of Nigeria (CIIN) President, Mrs. Funmi Babington-Ashaye, who led the Nigerian delegation to the meeting, said both bodies met last week at the London office of the CII to advance discussion on building stronger relationship, knowledge sharing and best practice.

According to her, the team was received by CII Chief Executive Officer (CEO), Sian Fisher, Chief Operating Officer John Bissell and  strategic adviser to the CEO of CII, Carmen Powell.

She said both bodies would also work together to engender human capital development and education for the benefit of the industry.
She said:“Collaboration towards building required human capital that will remain relevant and contribute to the emerging developments in the global insurance market has received a boost, following a strategic meeting between the CIIN and the CII, London.

“After presentations by both bodies, we agreed on areas of collaboration that will enable the CIIN explore options and suggestions from CII London in order to get exemptions at Advanced Diploma level of the CII London examinations and earn maximum credit points.

“Also agreed to be considered was collaboration for M.Sc. Insurance and Risk Management with the University of Lagos, where there will be exchange of already prepared curriculum so that the programme can be considered for exemptions by CII London.

“The meeting also agreed to look at recognising the Centre for Insurance and Financial Management (CIFM) as an institution of prior learning. Other areas of collaboration include resuscitation of staff exchange programme to enhance capacity building, as well as run CII certification programmes and train the trainers at the CIFM.”

She further stated that the CII after the meeting promised to send the CIIN a response to all the agreed areas of collaboration after due consideration by its board.

She noted that Powell, during his presentation gave a snapshot of CII operations in Nigeria, saying the UK body has only 145 members in Nigeria, which included 63 Associates and 19 Fellows.
“The institute, however, acknowledged that it had limited interactions with the regulator, students, affiliate institutes, educational organistions and corporate bodies in Nigeria.

“For him, it is imperative that CII works together with the CIIN to grow membership in Nigeria since it had decided that Africa was key to its successful international operations. The CII seeks to double its 13,000 overseas membership quickly,” she said.

Source: The Nation News

Category: News

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