Insurance Sector Needs Human Capital Focus

The insurance sector aims to address current challenges and boost its GDP contribution through targeted human capital development and skills recreation initiatives.

Funmi Babington-Ashaye, CIIN president, emphasized this need during the 2017 Graduation and Fellowship Awards Ceremony in Lagos.

She stated that industry challenges demand renewed human capital development and skills recreation to prepare practitioners for evolving business realities.

Insurers also face new underwriting discipline as NAICOM enforces risk-based capital requirements.

The insurance sector seeks to address sectoral challenges and enhance its GDP contribution via human capital development and skills recreation efforts.

Funmi Babington-Ashaye, CIIN president, highlighted this focus during the 2017 Graduation and Fellowship Awards Ceremony in Lagos.

She noted that industry challenges require renewed human capital development and skills recreation to prepare practitioners for emerging business realities.

NAICOM’s implementation of risk-based capital introduces new underwriting discipline for insurers.