The Professional Insurance Ladies Association (PILA) has identified the role of youths in development of the insurance business in Nigeria, particularly in driving innovation and technology that are critical in deepening penetration.
The youths, PILA said are critical in driving growth in insurance industry, as they are also the future players, consumers and policymakers who need to embrace insurance and take career at this early stage in their life.
These were the observations of stakeholders at the 2019 Career Talk organized by PILA with the theme: ‘Together We Can: The Youths and Insurance held for secondary school students in Lagos State, at the Institute of Advance Legal Studies, University of Lagos.
Ose Oluyanwo, president of PILA in her welcome remarks said it is instructive, as the global market today is being driven by technological capability to drive competitive advantage, which is hinged on the youths, our millennial.
Oluyanwo said this program aims to go beyond its initial intention and expand to involve the youths in driving the technological growth within the Nigerian Insurance Industry.
“We thus hope that at the end of this year’s series, we will be looking at a new generation of insurance practitioners, who are poised to take the industry by storm bringing in to bear, their love and knowledge of technology, innovation and dedication.”
Segun Omosehin, managing director/CEO, Mutual Benefits Assurance Plc lead speaker at the event with the theme: ‘Shaping The Future Of Insurance Career In Nigeria’ said that Nigeria has estimated population of about 200milion, with youths constituting 55 percent, so making them very significant to the future development of the nation.
Omosehin also said that youths in any society is the engine of growth supplying the labour force, reliable market for industries and bundle of creativity fueled by curiosity
According to him, with the characteristics including guaranteeing of continuity of human race, innovation to excel associated with the youths, insurance shares same to continue to remain relevant and attain expected growth.
The PILA career talk is a programme with a strong responsibility to encourage and nurture students towards a career in insurance. This edition of PILA Career Talk is highly historic as it marks the 30th Anniversary of the programme. The first was held on 16th August 1989 at Queens College, Yaba, Lagos.
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