CIIN Urges Insurance Firms To Develop SMEs

[Shola Sholaz]

Chartered insurance institute of Nigeria, CIIN, has called on insurance firms to ensure that the Industry should be in the vanguard of promoting medium and small scale enterprises in line with the transformation agenda of the Federal Government.
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It said this during the institutes 2013 International Education Conference, held in Lagos, with the theme "The Nation in Transformation: Repositioning the insurance industry"
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It said that operators should take their human capital development more seriously with a view to entrenching an enduring succession plan.
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According to the CIIN, the Insurance Industry is facing serious challenges from the less than optimal financial literacy in the country, to this effect, the Industry should put the necessary machinery in place for up-scaling its on-going awareness creation.

[Folami David]

Insurance firms really need to improve in any way because that has to happen for certain things to change...This is very serious.