Group photo with YBhg Dato’ Seri Abdul Rasheed Ghaffour
The Asian Institute of Insurance (AII), previously known as the Malaysian Insurance Institute (MII), has initiated a strategic rebranding to reflect its aspiration to spearhead insurance education and professional development across Asia. This shift signifies a major milestone in Aii’s evolution from a national institution to a regional leader.
Established in 1968 as Pusat Latihan Insurans Malaysia, the Institute has played a crucial role in shaping the Malaysian insurance industry and offering certification courses across ASEAN for over five decades. “Our journey started with the aim of improving professional standards in Malaysia’s insurance sector. By 1984, we transformed into the Malaysian Insurance Institute, marking our growing influence. Now, as the Asian Institute of Insurance, we are poised to expand our impact throughout Asia,” stated Paul Low, CEO of Aii.
The rebranding emphasizes Aii’s dedication to meeting the evolving demands of the insurance sector within a dynamic global environment. With a membership of 23,250 professionals across nine countries, Aii is well-positioned to drive initiatives that enhance skills and professionalism across Asia.
AII’s qualifications are recognized by prestigious international bodies, including the UK’s Chartered Insurance Institute and the Australian and New Zealand Institute of Insurance and Finance. “We aim to strengthen our capabilities in digitalization, artificial intelligence (AI), and environmental, social, and governance (ESG) principles,” added Low.
Opening speech by YBhg Dato’ Seri Abdul Rasheed Ghaffour
The launch of AII was officiated by YBhg Dato’ Seri Abdul Rasheed Ghaffour, Governor of Bank Negara Malaysia. This significant event celebrates AII’s legacy of excellence and marks the beginning of a new era of growth and innovation for the insurance sector in Asia.
For more information, visit www.aiiasia.org.
