Operators Call for Insurance Sector Reforms, Sustained Awareness

Ebere Nwoji

Insurance operators  have ended the  maiden Insurance Awareness Weekwith  a call for reforms, sustained awareness and adoption of insurance by Nigerians.

The week-long event, which featured series of activities such as awareness walks, school visits, market outreaches, and a youth-focused innovation challenge, was held simultaneously in Lagos, Ibadan, Port Harcourt and Kano.

The event was organised by the Chartered Insurance Institute of Nigeria (CIIN) to raise insurance awareness and encourage insurance adoption by Nigerians, stakeholders’ engagement and industry collaboration.

In her opening remarks, the CIIN President, Mrs. Yetunde Ilori, emphasised the need for the industry to sustain the awareness, noting, “The awareness we have created during the one week, is not for today alone, it should be sustained and continued. Insurance Awareness Week did not just start a week ago; it is something we have started planning long ago.”

Ilori, who reaffirmed the institute’s commitment to initiatives that promote learning and engagement within the industry, called on Nigerians to share the vision, underscoring the need for all to embrace insurance to secure Nigeria’s future.

Speaking on the importance of the event, she said, “This is the first time we are having Insurance Week in the history of the insurance industry. This initiative was designed to reach the grassroots and spotlight the critical role of insurance in the national economy.

She thanked the commissioner for Insurance and other stakeholders for their unwavering support, stating that the week-long event would not have been achievable without their support and backing.

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