NAICOM Urges Insurers to Support Training of One Million Youths in Insurance

NAICOM Urges Insurers to Support Training of One Million Youths in Insurance

The Underwriter

The National Insurance Commission (NAICOM) has called on insurance companies to actively participate in the recruitment and training of one million Nigerian youths under the “Insurance Empowerment Scheme.” The initiative aims to enhance insurance awareness and provide quality insurance education for young Nigerians.

Also read:
NAICOM Sets December 31 Deadline for Insurers to Clear Outstanding Claims
Insurance Sector Deepens Engagement with Aviation Industry at High-Level Abuja Meeting
CBI Court Sentences Prestige Assurance MD to Five Years for Misappropriation of ₹1.6 Crore

Speaking at the 16th Insurers’ Committee Meeting in Lagos, NAICOM Commissioner and CEO, Olusegun Omosehin, highlighted the collaboration with Sapphital Learning Limited and the Chartered Insurance Institute of Nigeria (CIIN). The partnership will involve developing training modules, sourcing industry experts for instruction, and issuing certificates to participants.

Amu Ogbeide, CEO of Sapphital Learning Limited, presented a paper titled “Insurance: A Platform for Engaging With a Million Nigerian Youths,” stressing the transformative potential of the program and urging full support from industry stakeholders.

The Chartered Insurance Institute of Nigeria is working with seasoned professionals to design the training curriculum, aimed at equipping participants with foundational knowledge of insurance, increasing industry inclusion, and broadening public awareness.

NAICOM also recently signed a Memorandum of Understanding with the Ministry of Youth Development to launch the program, which is expected to commence soon.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top

SUBSCRIBE HERE!

Enter your email address to subscribe to this blog and receive notifications of new Insurance News Beat by email.