Monday, September 8, 2025
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CIIN Tasks Insurance Professionals on Industry Revolution, Business Landscape

Sir Muftau Oyegunle, President, Chartered Insurance Institute of Nigeria (CIIN) says the insurance industry in Nigeria is undergoing a revolution, meaning that industry professionals must be ready to scale the challenges of the operating environment to remain in business.
Speaking at the 2021 induction ceremony of the CIIN in Lagos, Oyegunle said:
“The insurance industry is undergoing a revolution and our ability to dig in and dig deep during this defining period will ensure that we are not swept away by the turn of events. We aware of the ever-changing demands of the dynamic business environment and I can assure you that considerable effort is being put in by the Institute to remain relevant to the modern-day professional as a leading light to insurance practitioners in the country and beyond it. Ultimately the goal is to ensure that insurance practitioners retain the competitive edge that will see them perform at optimal levels in order to tackle the current challenges in the business landscape and to stand out successfully. In all we do, our job is to bridge the divide and make a difference in our industry for the growth of our country.”
The CIIN President said the Institute’s professional examinations since inception have served as a springboard for outstanding practitioners to launch and distinguish themselves into the core of the insurance industry.
“It is extremely important to point out that by attaining our professional qualification, you have become custodians of the ethics and codes of practice of our noble profession. The purpose of the Institute’s code of ethics is to set forth the values, principles and standards that will guide the conduct of all insurance practitioners.”
He urged insurance practitioners in the country to act as lifetime ambassadors of the industry by upholding the creed and replicate all that it represents in their endeavors.
“Who you are and the principles you uphold are some of the things that make you stand out as a leader and a truly successful professional.”

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