The West African Insurance Companies Association Reinsurance, Waica Re, is set to hold its maiden edition of the annual corporate social responsibility competition in Nigeria and seven other countries.
With the theme “Practical solutions to natural disasters in West Africa”, WAICA Re mentioned that the company is launching several other CSR projects in the countries where it operates in these seven countries- Sierra Leone, Côte d’Ivoire, Ghana, Gambia, Zimbabwe, Tunisia and Kenya.
The reinsurer is committed to improving training conditions in the insurance sector.
The competition is an opportunity for insurance professionals to propose solutions to the natural disaster-related issues in their respective countries.
Five judges will be in charge of selecting the three winners. The top-ranked candidate will be designated Waica Re (WRA) Ambassador for one year.
The WRA will receive a prize of 5 000 USD. The second and third place nominees will receive 2 000 USD and 1 000 USD respectively. The award ceremony shall be held in August 2021.
The Implementation of the proposal is required not to exceed 100 000 USD and is to be completed within one