We will support develop Babcock University's insurance department CIIN promised -MA EduInfo.

The Chartered Insurance Institute of Nigeria has promised Babcock University during a collaboration meeting at CIIN Secretariat in Lagos to support Babcock University in establishing insurance department in the institute, as part of its commitment to increasing the industry's manpower with new generation of Nigerian youth.

The President of the CIIN, Funmi Babington-Ashaye, made the promise when council members of the University led by his Deputy Vice Chancellor, Management Services, Prof. Sunday Moneylabi, visited the Institute's Secretariat, as part of the process to fine-tune the plans.

Babington-Ashaye, assured the University that the Institute will provide the necessary guidance to develop appropriate curriculum, which will enable students of insurance to have easy process of qualifying as associate members of the Institute, with some course exemptions.

According to her, the current major pursuit among other objectives of the Institute is the promotion of insurance education, and awareness creation across the nation.

"This informed the Institute's decision to make overture to and partner with Babcock University for the commencement of a degree program in insurance." She further said the choice of Babcock University was based on the Institution's antecedents, and the provision of qualitative education in Nigeria.

Prof. Owolabi in his remarks appreciated the CIIN for giving the University a hand of fellowship, saying the University is committed to making the project a reality.

Owolabi said the insurance department will be in the University's Banking and Finance Department, where it will be nurtured to a full Department, assuring the CIIN that its choice of Babcock will add value to the institute and the insurance profession in Nigeria.

A nine-member commission drawn from members of the University Council and the CIIN, has been set up to fine-tune the arrangement and come up with a standard curriculum to establish insurance department in Babcock.