The African Insurance Organisation (AIO), established in 1972, is a non-governmental organisation recognised by many African governments. Following the headquarters agreement the government of Cameroon signed with the organisation, the Permanent Secretariat of the AIO was set up in that country.
The African Insurance Organisation consists of a General Secretariat, headed by a Secretary General, an Executive Committee, headed by the President and the General Assembly which is the supreme body of the Organisation.
The African Insurance Organisation (AIO) was initially established to help develop a healthy insurance industry and insurance co-operation in Africa. However, today’s world is quite different. For this reason, the AIO conducted a comprehensive study to better understand and align to the expectations of its members. This resulted in a new strategic plan.
The study demonstrated that AIO members and non-members uniformly see the AIO as the natural body to represent the African insurance sector. As such we have the clear mandate from our members to become a centre of competence and an advocate for the needs of the African insurance industry. More explicitly, our members defined the following six strategic initiatives to be implemented over the next five years:
The AIO should advance the policy interests of the African insurance industry. The main goals are:
The AIO will contribute to decision making and industry recognition by providing thought-leadership and market insights. The main goals are:
The AIO will continue to set standards and highlight best practices by providing insurance education. The main goals are:
The AIO will continue to provide its acknowledged networking platforms to its members, such as the General Assembly and the Reinsurance Forum. At the same time, we will strengthen our focus on the plenary sessions where key industry topics will be discussed:
The AIO wishes to strengthen the positive perception of the industry as a facilitator of economic and societal progress:
The AIO intends to facilitate solutions that address the needs of the underinsured segments of societies and to assure a higher insurance penetration:
To develop a healthy insurance and reinsurance industry in Africa
To promote inter-African co-operation in Insurance