The African Insurance Organisation (AIO) admitted 11 new members last year, comprising insurers, reinsurers, brokers and regulators from 11 different countries.
This means that the total number of association members rose to 369, from 57 countries, at the end of last year.
The new members approved by AIO's General Assembly were:
Botswana: First Sun Alliance Insurance Brokers
DR Congo: Autorité de Regulation et de Controle des Assurances
England: A&P Worldwide Solutions
Ethiopia: Bunna Insurance
Ghana: The Insurance Brokers’ Association of Ghana
Kenya: Kenbright Holding
Liberia: Omega Insurance Group
Oman: Oman Reinsurance Company
Seychelles: The Seychelles Financial Services Authority
South Africa: GIC Re South Africa
Uganda: Uganda Reinsurance Company.
One of AIO’s key goals is to expand the membership base. The new focus of the AIO’s strategy and its enhanced value proposition to provide more attractive benefits to its members will hopefully lead to a significant increase in memberships, says the association in a bulletin. This is important as it strengthens AIO's position as a truly pan-African organisation.
A larger membership base also helps AIO to pursue its core strategic priorities, which are:
- advocacy representing members with one voice;
- providing excellent networking opportunities and conferences;
- conducting research to inform members about trends and developments in the industry;
- capacity building;
- testing of new market opportunities; and
- talent development to help attract and retain highly educated personnel in Africa’s insurance industry.
Those who wish to join the AIO are requested to submit their application by 15 May 2020 for approval at the 47th General Assembly in Lagos, Nigeria. To access the member application form, please visit the AIO’s website or contact Jean Baptiste Ntukamazina, AIO’s Secretary General at email@example.com