The incoming President of the Chartered Insurance Institute of Nigeria (CIIN), Akinjide Orimolade, has unveiled a three-point strategic agenda aimed at strengthening the institute and advancing the development of Nigeria’s insurance industry.
Speaking during a pre-investiture media briefing in Lagos ahead of his inauguration as the institute’s 53rd president, Orimolade said his administration would focus on technology-driven transformation, enforcement of compulsory insurance, and institutional and human capacity development.
According to him, the agenda is designed to enhance the institute’s internal operations while increasing the visibility and relevance of the insurance profession across the country.
Technology at the Core of Transformation
Orimolade described technology as the foundation of his administration’s reform agenda, noting that digital innovation would be deployed to improve the institute’s operations and service delivery.
He said the institute plans to modernize its examination processes, expand digital learning platforms, strengthen engagement with members through technology-enabled solutions, improve data-driven decision-making, and automate key administrative processes.
“The future belongs to institutions that are agile, innovative and technology-enabled. Our goal is to position the institute to meet the demands of a rapidly evolving professional environment,” he said.
Renewed Push for Compulsory Insurance Compliance
The incoming CIIN president also identified the enforcement of compulsory insurance laws as a major priority, noting that compliance levels remain low despite existing legal provisions.
He said the institute would intensify advocacy and public awareness campaigns in collaboration with government agencies, regulators, insurance operators, the media and other stakeholders to improve compliance and increase public understanding of insurance as a tool for financial protection.
According to him, greater awareness of compulsory insurance will not only protect individuals and businesses from financial losses but also contribute to Nigeria’s economic resilience.
Investing in People and Institutions
The third pillar of Orimolade’s agenda focuses on strengthening professional capacity and institutional development within the insurance industry.
He said the institute would continue investing in the professional development of its members through curriculum improvements, faculty development, research initiatives, leadership programmes and other capacity-building efforts aimed at equipping insurance professionals with skills required in a changing business environment.
In addition, the institute plans to improve its physical infrastructure, including its Victoria Island headquarters, while expanding strategic partnerships with government and other key stakeholders.
Building on Existing Achievements
Orimolade stressed that his administration would build on the achievements of previous CIIN leadership rather than begin afresh, adding that the institute’s strategic direction has been carefully designed to respond to emerging industry challenges while sustaining existing progress.
He said a detailed roadmap of programmes and initiatives would be presented during his investiture ceremony, noting that the administration’s priorities would be translated into measurable outcomes that deliver value to members, the insurance industry and the wider Nigerian economy.
The incoming president also called on the media to continue partnering with the institute in promoting insurance awareness and professionalism.
He said stronger collaboration with journalists would help improve public understanding of insurance, enhance confidence in the industry and support national economic development through increased financial inclusion and risk protection.
