Insurers seek to maximise distribution channels for market deepening

The Chartered Insurance Institute of Nigeria (CIIN) is exploring the platform of its 2014 Education Seminar to canvass the need to deepen insurance penetration in the country. The discussion would bother on how to maximise the available distribution channels to deepen insurance penetration.

Joseph Obah, CIIN director of corporate communications, stated that the Education Seminar holding in Benin City from Wednesday from today will focus on the theme: “Maximising Channels of Distribution for Insurance Penetration”.

It seeks to engage the participants in seeking the avenues for actualisation of the Financial Inclusion Strategy (FIS) of the Federal Government geared at making financial services available to the grassroots population with minimal hindrances.

Kola Ahmed, director general, CIIN, said that the Institute’s 2014 Education Seminar will feature sessions which will enable participants maximise the opportunities for sharing worthy experiences on the  evolution of a strategic action plan for exploring the full market potentials of the insurance industry in tandem with Government’s vision for an insurance industry that could turn its fortunes around to rank amongst the 20 largest markets in global ranking by the year 2020.