Burkina: APSAB strengthens the skills of its insurance executives


Insurance executives during the opening ceremony of the 48-hour training seminar

The Professional Association of Insurance Companies of Burkina (APSAB) in partnership with the reinsurance company Aveni-Re, organizes the 27 and July 28, 2022, a training seminar to strengthen the skills of its members. The opening ceremony took place on Wednesday July 27, 2022, in Ouagadougou.

Having competent employees in the field to the great satisfaction of their customers is one of the major objectives of the Professional Association of Insurance Companies of Burkina (APSAB). To do this, it has initiated a two-day training seminar which runs from July 27 to 28, 2022, for its members.

The presidium at the launch of the training on July 27 in Ouagadougou

According to the president of the Professional Association of Insurance Companies of Burkina (APSAB), Monhamed JI Compaoré, this 48-hour seminar is the first action of the partnership between his Association and the reinsurance company Aveni-Re which supports insurance companies. assurance to strengthen the skills of their employees. The latter will thus provide technical assistance to build the capacity of insurance executives in Burkina Faso.

This training is focused on the transport branch with the theme “Marine and/or land cargo insurance, unit and subdivision of risk, Generalities and operations”. Monhamed JI Compaoré confided that transport is “one of the most important branches” of the insurance sector in Burkina Faso.

President of APSAB Monhamed JI Compaoré

“It is a branch that knows an insurance obligation, in particular the obligation of domiciliation of cargo insurance for the importation of goods whose value is greater than 500,000 CFA francs,” said the president of APSAB. . He also indicated that when there is an insurance obligation, there are necessarily a lot of services in the branch concerned, concluding that it is then “the duty of insurance companies to have competent, well trained so that the latter can properly take care of the needs and expectations of customers and that these services can contribute to defending the brand image of the companies”.

The Chief Executive Officer (CEO) of the company Aveni-Re, Seybatou Aw, who was present at the opening ceremony, praised the relevance of the theme of the training seminar, explaining that transport is a rather complex field, with many laws, international regulations and that it is “absolutely necessary to know the subject in order to be able to exercise it”. “We reiterate our availability whenever they need us as local reinsurers, we are ready to support them”, promised the CEO of Aveni-Re, while congratulating “the immense” progress achieved in the insurance market in Burkina Faso.

The CEO of the company Aveni-Re, Seybatou Aw,

As for President Monhamed JI Compaoré, he expressed “the ardent wish” that this first action with the reinsurance company would not be the last, and that they “could organize together other training actions in other branches of activity for the benefit of their employees.

The training was officially launched by the Director General of Insurance, Mamou Ouédraogo, who urged participants to attend the sessions regularly in order to derive maximum benefit from this sharing of experience.

By Siaka CISSE (Trainee)



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