MONROVIA. This year, Liberia will host the annual education conference of the West African Insurance Companies Association (WAICA). The Annual Education Conference, the second of two annual WAICA events, will take place in Monrovia from November 27th.th up to 29th in the EJS ministerial complex.
This rotating event brings together insurance agents from the following five English-speaking countries in West Africa: the Federal Republic of Nigeria, the Republic of Ghana, the Republic of the Gambia, the Republic of Sierra Leone and the Republic of Liberia. Delegates will include insurance industry executives, marketing executives, media executives and representatives from global reinsurers.
The theme of this year’s annual educational conference is: “Transition Management and Succession Plans in Corporate Governance: Theory and Practice in the West African Insurance Industry.Various eminent scholars are expected to present their professional views on these topics. The attending delegates and a panel of experts will discuss the content of the presentations in order to develop a resolution for the conference.
The Annual Education Conference, the second of two annual WAICA events, will take place from Sunday to Tuesday, November 27-29, at the EJS Ministerial Complex in Congo City. reported on Thursday.
The theme of this year’s annual educational conference is Transition Management and Succession Planning in Corporate Governance: Theory and Practice in the West African Insurance Industry.
The WAICA Annual General Meeting and Annual Education Conference have not been held in Liberia since the outbreak of the deadly Ebola virus in 2014.
Mr. Gbalazeh, former President of WAICA, said that the annual WAICA Education Conference will bring together insurance agents from the following five English-speaking West African countries: Federal Republic of Nigeria, Republic of Ghana, Republic of Gambia. , the Republic of Sierra Leone and the Republic of Liberia.
Following the President’s keynote speech, selected distinguished scholars are expected to present their professional views, and the delegates and panel of experts present are expected to discuss the content of the presentations to develop a conference resolution.
According to Mr. Gbalazeh, the delegates will include insurance industry executives, marketing executives, media executives and representatives of global reinsurance companies.
“WAICA’s annual educational conference allows the host country and attendees to find practical solutions to some of the challenges and gain knowledge about emerging trends in the industry. These include global best practices and important reform initiatives taken to improve the regulatory environment and unlock the full potential of the sector,” said the head of the Liberian insurance company.
Meanwhile, Mr. William B. Cocker, Secretary General and Chief Executive Officer (CEO) of WAICA, said they are looking forward to a good time in the country and support for the insurance industry in Liberia.
He stated that WAICA intends to lobby the industry with a unified voice to develop it in every country.
He also said that there is an agreed program to create a unified system that allows insurance companies to operate abroad with limited restrictions.