The National Insurance Commission (NAICOM) and the Chartered Insurance Institute of Nigeria (CIIN) have commended the Institute of Management and Technology (IMT), Enugu, for its significant strides in promoting technology-driven insurance education and practice in Nigeria. This commendation was made during a recent visit by top officials of NAICOM and CIIN to IMT, highlighting the institute’s pivotal role in modernizing insurance education and contributing to the digital transformation of the industry.
Dr. Abdulrasaaq Salami, the representative of NAICOM, praised IMT’s efforts in integrating technology into its insurance training programs. He noted that the collaboration between NAICOM and educational institutions like IMT is crucial for achieving the commission’s goals of deepening insurance penetration and improving public understanding of insurance services across Nigeria. Salami emphasized that the future of the insurance industry depends heavily on innovation and technology, which IMT has been actively embracing.
Similarly, the President of CIIN, Edwin Igbiti, expressed satisfaction with IMT’s alignment with CIIN’s mission to build a robust pipeline of well-trained insurance professionals. He commended the institution for producing graduates who are technologically inclined and equipped to meet the evolving needs of the insurance market. Igbiti further encouraged IMT to continue upgrading its curriculum and facilities to match global standards, thereby maintaining its position as a leading institution for insurance education in the country.
The Rector of IMT, Professor Austin Nweze, welcomed the commendations and reaffirmed the institute’s commitment to driving innovation in insurance education. He stated that IMT has continuously invested in modern learning tools, digital platforms, and partnerships with stakeholders in the insurance sector to ensure its students receive world-class training. According to him, IMT’s strategic focus on digital literacy, data analytics, and emerging technologies like insurtech has positioned its graduates as valuable assets in the insurance industry.
During the visit, discussions were also held on possible collaborations, including curriculum development, professional training, research initiatives, and internship placements for IMT students. Both NAICOM and CIIN expressed their willingness to support IMT’s ongoing efforts through policy advocacy, industry engagement, and capacity-building programs.
The event underscores the growing recognition of the role of academic institutions in shaping the future of Nigeria’s insurance sector. By aligning academic training with industry needs and leveraging technology, IMT is helping to bridge the skills gap and prepare the next generation of insurance professionals to thrive in a digital economy.
Overall, the collaboration between IMT, NAICOM, and CIIN signals a strong commitment to fostering innovation, professionalism, and growth in Nigeria’s insurance landscape.
Leave a Reply