CIIN Launches Insurance Week to Boost Awareness
The Chartered Insurance Institute of Nigeria (CIIN) says the maiden Insurance Week, slated for June 27 to July 4, aims to boost insurance uptake and economic development. President and Chairman of the CIIN Governing Council, Mrs Yetunde Ilori, said in a statement on Saturday that the initiative was a key project of the institute.
She explained the event was carefully designed to raise insurance awareness, deepen stakeholder engagement, and enhance collaboration across the insurance industry. Ilori stated, “The event will simultaneously be hold in Ibadan, Port Harcourt, and Kano, expanding its reach and inclusivity across the country.”
She added it would include activities to increase the industry’s visibility, educate the public on insurance benefits, and support professional development in the sector. According to Ilori, the theme, ‘Insurance for All: Securing Nigeria’s Future’, highlights the sector’s vital role in improving Nigerians’ lives.
Chairman of the Organising Committee and past CIIN President, Mr Eddie Efekoha, said significant planning had gone into the event’s structure and content. Efekoha revealed the week’s lineup includes an insurance awareness walk, a hackathon, and campaigns designed to engage and inform the general public.
He said the initiative would allow Nigerian insurance brands to showcase their services and the value they bring to customers nationwide. “This is a chance for brands to stand out competitively while working together to promote industry-wide growth and innovation,” he added.
Efekoha stressed that despite Nigeria’s economic size, insurance penetration remains very low, hindered by poor awareness, trust issues, and limited accessibility.
He said bridging this gap is essential for building economic resilience and delivering meaningful social protection to millions of Nigerians. “In a country of over 200 million people, far too many face financial risks without proper insurance cover.
“From medical emergencies to agricultural losses, Nigerians suffer preventable hardships. Insurance Week 2025 is our strategic response to these ongoing challenges,” he said.
Efekoha expressed optimism that the initiative would boost industry growth, build public confidence, and make insurance more relatable to everyday life. He called on professionals and stakeholders to support the event and actively participate in all scheduled activities throughout the week. Equities Investors’ Portfolio Value Rises by N512bn as Heavyweights Rally
