13 Lion of Africa learners graduate at insurance sector graduation in Gauteng

27 October 2009 Lion of Africa

13 learners, sponsored by Lion of Africa successfully graduated with a Seta approved Insurance qualification at the Randpark Golf Club.

The 13 learners from disadvantage backgrounds completed a 1 year Inseta course in insurance. This NQF Level 4 course gained them 152 FIAS credits in Short Term. The course involved various aspects of short-term insurance: underwriting, claims, credit control, and general business of insurance.

The 13 Lion of Africa learners were part of a graduating class of more than 100 students and were personally ‘capped’ by the Sharon Snell, Acting CEO of the Inseta.

The Lion of Africa learnership included intuition and allowance fees. The allowance increased as they progressed to the various levels. As a further motivation, Lion of Africa included a bonus per learner when they passed.

The graduation ceremony held at the Randburg Gold Club was the largest event of its type yet held and saw all the graduates receiving various “Certificates of Competence” approved by Inseta, the insurance sector education and training authority. All students attended the courses required with the “Workers Academy of Insurance”.

“This graduation class included a number of unemployed youngsters who, despite having their coveted matric certificates, were battling to find suitable employment.

“The fact that they were able to attend various Inseta- approved courses and obtain a post-matric tertiary certificate will not only open opportunities for them in the insurance sector, but will also stand them in good stead as they gain the necessary experience in the industry,” said Claudia Yung Fah, Head of Corporate Services at Lion of Africa Insurance.

“These qualifications, with added experience, will enable them to advance their careers further and then play a key role in transforming the insurance industry so that it becomes an industry which represents a cross-section of South African society.

“As a company that believes in training and ongoing personal development we are delighted to have these new graduates aboard and look forward to the future contributions they will make to Lion of Africa and the insurance industry,” Yung Fah said.

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