The Actuarial Science and Insurance Trainees’ Association of Lagos State University has hosted the 5th edition of its Annual Insurance coverage Summit, bringing together top professionals and stakeholders in the insurance industry to take a look at the future of insurance education in Nigeria under the Nigerian Insurance Coverage Market Reform Act (NIIRA) 2025.
The top, hung on Friday at the Aderemi Makanjuola Lecture Theatre, LASU Main Campus, Ojo, Lagos, was themed: “NIIRA 2025 and the Future of Insurance Education in Nigeria: Bridging Theory, Practice and Policy.”
Representing the Vice-Chancellor of the university, Professor Ibiyemi Olatunji-Bello, the Deputy Vice-Chancellor (Academics), Professor Oseni Afisi, urged trainees to match theoretical understanding with practical and ingenious abilities required to prosper in the quickly altering insurance coverage market.
According to him, the insurance coverage sector is going through significant improvement, making it crucial for trainees to position themselves not just as task seekers however also as solution service providers in the monetary and risk management community.
The top was chaired by the Handling Director of [Veritas Kapital Guarantee Plc] (https://www.veritaskapital.com.ng?utm_source=chatgpt.com), Dr. Adeobi Nwakuche, who was represented by Mr. Arinze Adigwe. He motivated trainees to embrace the vast chances within the insurance coverage occupation, assuring them of an intense future in the sector.
Providing the guest lecture, Muyibat Jimoh applauded the organisers for developing a platform that promotes meaningful discussions around the future of insurance coverage education and industry practice. She noted that organizations capable of successfully connecting academic quality with useful market truths would stay pertinent and competitive in the evolving insurance coverage landscape.
The keynote address was provided by Abimbola Tiamiyu, who spoke extensively on the Nigerian Insurance Industry Reform Act (NIIRA) 2025. She explained the Function as a significant reform initiative focused on modernising Nigeria’s insurance coverage market through stronger regulation, improved consumer security, enhanced openness, increased capital requirements and alignment with global best practices.
According to her, NIIRA 2025 presents a strategic chance for stronger cooperation amongst universities, market practitioners and regulators in producing worldwide competitive graduates geared up to react successfully to emerging obstacles and opportunities within the insurance sector.
She even more encouraged trainees to stay committed to scholastic quality and constant professional development.
The occasion likewise had in attendance the Dean of the Faculty of Management Sciences, Teacher Omotayo Oyeniyi, represented by Teacher Tajudeen Olumoko; the Head of the Department of Insurance, Dr. Francis Dansu; and the newly selected Director-General of the West African Insurance Coverage Institute, Teacher Olufemi Abass, together with a number of academics and industry stakeholders.
Previously in the day, authorities of the Chartered Insurance Institute of Nigeria and organisers of the top paid a courtesy see to the Office of the Vice-Chancellor, where discussions focused on possible locations of cooperation between the university and professional bodies within the insurance market.