Korede Bolaji Amole has emerged the overall winner of the 2018 Consolidated Hallmark Insurance (CHI) Plc national essay competition.
Korede Bolaji Amole from the Insurance Department of the Federal Polytechnic, Offa, Kwara State, receives a prize of ₦250,000, and an opportunity of getting employed by the insurer after graduation.
The reward is part of the company’s efforts to encourage insurance education and awareness creation across the country.
Balogun Obabi Obrunkosi of the Insurance Department of the Lagos State University (LASU), Ojo, emerged second and was rewarded with ₦150,000, while Ernest Orjieh Oyemike of the Department of Actuarial Science and Insurance from University of Lagos (UNILAG), Akoka, came third with a prize of ₦100,000.
Giving his assessment of the whole exercise at the Awards ceremony held at the company’s head office in Lagos, Bayo Samagbaye, who was an assessor for the competition, said the entries submitted for the 2018 national essay competition were of low quality compared to the previous entries.
Although, he attributed this to a drop in standard of education in the country, he urged the lecturers to groom their students very well so that they become ready-made materials for the labour market by the time they graduate.
He equally charged students to up their game and focus more on their studies so that they can graduate with good grades.
The Managing Director/Chief Executive Officer of Consolidated Hallmark Insurance (CHI) Plc, Eddie Efekoha said the competition was part of the company’s contribution to the overall insurance industry’s awareness creation as well as enhance skilled personnel for the insurance sector.
The competition, he said, had its maiden edition in 2011, based on the insurer’s belief in developing talents and expanding the industry knowledge, while encouraging research.
Mr. Efekoha, who is also the President, Chartered Insurance Institute of Nigeria (CIIN), said this is the company’s token to bridge the knowledge gap while promising to work closely with CIIN to enhance skilled manpower for the insurance industry.