TEXT: The Pakistan Insurance Institute (PII) was established in 1951 by the Pakistan Insurance Brotherhood to promote knowledge sharing and educational activities in the insurance industry. Considering the importance of the insurance industry in Pakistan and its enormous potential for expansion and growth, the Insurance Institute of Pakistan has over the years made continuous and dedicated efforts for the development of professional qualified and competent insurance professionals in line with its vision to become a center of academic excellence in the discipline of insurance/Takaful in Pakistan.
Pakistan Insurance Institute is also an affiliate member of the Chartered Insurance Institute (CII), UK, which is an international professional body dedicated to building confidence in the insurance and financial planning profession. As a member of CII, the Insurance Institute of Pakistan assists Pakistani candidates in registering for CII courses and examinations, and also provides assistance to CII in conducting various examinations as part of the qualifications in assurance.
Continuing Professional Development (CPD) is another key area in which PII works continuously to update the knowledge base and improve the skills of insurance professionals. The institute regularly organizes courses, workshops and seminars related to insurance and management for insurance professionals. The institute conducts certification courses for insurance agents, surveyors and Takaful operators, and also offers a one-year postgraduate diploma in insurance in affiliation with the University of Karachi.
The Pakistan Insurance Institute has also hosted an international insurance conference every two years since 2010, which is a flagship event for the insurance industry. The theme of the last insurance conference, which was held in April 2019, was “InsurTech and Microinsurance”, a relevant topic in terms of raising awareness of technological advances in the field of insurance and their impact on the global financial markets.
Sumair Siraj Memon, CEO, PII
Copyright Business Recorder, 2022