By The Ameh News
The newly elected 53rd President of the Chartered Insurance Institute of Nigeria (CIIN) Nigeria (CIIN), Akinjide Orimolade, has unveiled an ambitious roadmap aimed at transforming the country’s insurance profession through digital innovation, stronger ethical standards, enhanced professional development and a nationwide campaign to improve public confidence in insurance.
Speaking in an exclusive interview with The Ameh News, the CIIN President said his administration would focus on transforming the profession, its people and its processes while positioning insurance as a key pillar of Nigeria’s financial security and economic resilience.
The Ameh News Interview with the 53rd President of the Chartered Insurance Institute of Nigeria (CIIN)
1. As you assume office as the 53rd President of CIIN, what are your top strategic priorities for strengthening insurance professionalism, increasing public trust, and accelerating insurance penetration across Nigeria over the next two years?
Answer: My focus is on transforming the insurance profession, its people, and its processes. We will strengthen professionalism through enhanced member engagement, digital learning, mentorship, and a modernised examination system.
To build public trust, we will launch the InsureNigeria Awareness Campaign, showcasing real-life insurance success stories from across the country to demonstrate the value of insurance in everyday life.
We will also accelerate insurance penetration through strategic partnerships, insurance education initiatives, and innovation-driven programmes that make insurance more accessible, affordable, and relevant to Nigerians.
By leveraging technology, collaboration, and stakeholder engagement, we aim to position insurance as an essential tool for financial security, economic resilience, and national development.
2. Nigeria’s insurance industry is undergoing rapid digital transformation, regulatory reforms, and changing customer expectations. How does CIIN plan to equip insurance professionals with the skills and ethical standards needed to remain globally competitive while supporting the industry’s growth?
Answer: CIIN is committed to preparing insurance professionals for the future through our InsurTech Learning Curriculum, which will focus on emerging areas such as Artificial Intelligence (AI), digital distribution, embedded insurance, data analytics, and other evolving industry trends.
This will be complemented by structured mentorship programmes, continuous professional development initiatives, and thought leadership platforms, including the CIIN Podcast, to promote knowledge sharing and industry dialogue.
While embracing innovation, we will continue to uphold the highest ethical standards, ensuring that professionalism, integrity, transparency, and customer trust remain at the core of the insurance profession.
Our goal is to develop a new generation of insurance professionals who are globally competitive, technologically proficient, and capable of delivering sustainable value to customers, the insurance industry, and the Nigerian economy.
The new leadership comes at a critical period for Nigeria’s insurance industry, which is undergoing sweeping regulatory reforms, rapid digital transformation and growing customer expectations. Industry stakeholders have repeatedly stressed that increasing insurance penetration requires not only stronger regulation but also greater public confidence and a more technologically skilled workforce.
Three Strategic Priorities
According to Orimolade, the institute’s immediate priorities over the next two years will centre on strengthening professionalism, rebuilding public trust and accelerating insurance penetration across the country.
He explained that CIIN intends to deepen member engagement through expanded digital learning opportunities, mentorship programmes and modernised professional examinations that will prepare insurance practitioners for the evolving business environment.
To address the persistent trust deficit affecting insurance adoption, the institute plans to launch the InsureNigeria Awareness Campaign, a nationwide initiative designed to showcase real-life success stories of insurance claims and demonstrate the practical value of insurance protection to individuals and businesses.
The President added that the institute would also pursue strategic partnerships and insurance education programmes that make insurance products more accessible, understandable and relevant to millions of Nigerians.
Preparing Professionals for the Digital Era
Recognising the growing influence of technology on financial services, the CIIN President said the institute would introduce a comprehensive InsurTech Learning Curriculum covering emerging technologies including Artificial Intelligence, digital distribution, embedded insurance and other evolving industry trends.
Beyond technical skills, he stressed that ethical conduct would remain central to the institute’s agenda, noting that innovation must be accompanied by integrity, professionalism and customer protection.
Orimolade disclosed that mentorship initiatives, continuous professional development programmes and the CIIN Podcast would be expanded to equip practitioners with global best practices while encouraging knowledge sharing across the industry.
Building a More Competitive Insurance Industry
The CIIN President believes Nigeria can produce insurance professionals capable of competing globally if the industry embraces technology while maintaining high ethical standards.
According to him, the institute’s objective is to develop a new generation of professionals who combine digital competence with strong professional values, enabling them to deliver greater value to customers and support sustainable industry growth.
Why It Matters
Nigeria continues to record one of the lowest insurance penetration rates in Africa despite being the continent’s largest economy by population. Analysts have consistently identified low public awareness, limited trust, inadequate financial literacy and insufficient product innovation as major barriers to industry growth.
The CIIN’s renewed emphasis on public education, digital capacity building and ethical professionalism is therefore expected to complement ongoing regulatory reforms by the National Insurance Commission (NAICOM) and support broader efforts to deepen insurance inclusion.
If effectively implemented, the institute’s strategy could help strengthen confidence in the insurance sector, improve professional standards and position insurance as an essential financial safety net for households and businesses across Nigeria.
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