Continental Reinsurance drives technology-driven insurance sector for growth

Continental Reinsurance has once again demonstrated its commitment to driving growth and innovation in Africa’s insurance industry through impactful investments in education and technology.

In line with its long-standing corporate social responsibility and talent development initiatives, the company recently partnered with the College of Insurance and Financial Management (CIFM) and the Chartered Insurance Institute of Nigeria (CIIN) to establish a cutting-edge ICT facility at the college.

The N70 million “M.H Koguna IT Lab”, named in honour of Continental Reinsurance’s first chairman was conceived by Lawrence Nazare, group managing director in December 2024, and successfully brought to life under the leadership of Fatai Lawal, managing director.

The project underscores the company’s dedication to fostering digital learning and equipping the next generation of insurance professionals with essential technological skills.

At the official launch held in Lagos industry leaders and stakeholders gathered to celebrate this milestone, and together, they highlighted the project’s significance in shaping a more innovative, resilient, and technology-driven insurance sector for the future.

Modestus Anaesoronye

Modestus Anaesoronye is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pension sectors across Nigeria and West Africa. He has held key editorial positions at major national media outlets, including The Comet, The Nation, and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Ltd. A widely travelled reporter, he has covered industry developments in more than 14 countries across Africa and Asia. Anaesoronye is a multiple award-winning journalist, honoured several times as Insurance Journalist of the Year and Pension Journalist of the Year by recognised industry bodies, including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp), among others.