WAICA supports Nigerian insurance industry, donates office equipment worth over N10 million to CIIN

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From left: Adeyemo Adejumo, Director, WAICA Reinsurance Corporation Plc; Abimbola Tiamiyu, Director General, Chartered Insurance Institute of Nigeria (CIIN); Muftau Oyegunle, President, CIIN; Steve Odjugo, Regional Director (Nigeria)/representative of Group Managing Director, WAICA Re; Toyosi Alabi, Director, WAICA Re, and Edwin Igbiti, Deputy President, CIIN, during WAICO 10th year anniversary CSR donations and infrastructural upgrade at CIIN Secretariat in Lagos (Photo by Inspenonline)

In demonstration of it’s commitment to the growth of the Nigerian insurance industry, WAICA Reinsurance Corporation Plc (WAICA Re) has donated office equipment worth over N10 million to the Chartered Insurance Institute of Nigeria (CIIN).

The Group Managing Director/Chief Executive Officer of WAICA Re, Ezekiel Ekundayo, at the presentation of the equipment which are , 39 air conditioners; 12 desktops and 5 laptops, yesterday in Lagos, noted that the presentation of the equipment was a further demonstration of the company’s commitment to the Nigerian insurance industry.

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Ekundayo, who was represented at the event by the Regional Director/Nigeria, WAICA Re, Steve Odjugo, maintained that the firm believes in the values and ideas of the CIIN and have over the time provided support to the institute in different form, stressing that it is the firm’s fervent hope that the equipment would go a long way to improving the working condition of both staff and visitors to the institute’s secretariat.

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He applauded the support of the Director-General of the CIIN, Mrs. Abimbola Tiamiyu and her team towards ensuring the successful implementation of the corporate social responsibility project, adding that the presentation would not be the last of the firm’s support to the institute.

The presentation was part of the firm’s activities lined up to celebrate its 10th year anniversary. Speaking on the other events planned for the anniversary, Ekundayo, posited that the firm had also initiated an annual corporate social responsibility project of an essay competition with the theme; ‘Practical Solution to Natural Disasters in West Africa’.

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He noted that the competition is currently on-going and that the firm would be supporting the winning project with up to $100,000 and the winner would become WAICA Re Goodwill Ambassador for one year and get a cash award of $5,000.

President of the CIIN, Sir, Muftau Oyegunle, applauded WAICA Re for the gesture, stressing that the institute had earlier planned to replace all the air conditioners at the secretariat, and that the donation was really timely and would go a long way to improve the institute’s performance.