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TOGETHER,
SECURING FUTURES

Driven by our shared purpose of securing futures for all, IAM is committed to bringing transformational change in the insurance industry, and to protecting and building a thriving society, through advocacy, promotion, collaboration, innovation, and a commitment to excellence.

IAM Mission

Our Mission

Our mission is to serve as a powerful voice for the insurance industry, advocating for the collective interests of insurers and all industry stakeholders, and promoting a fair, sustainable, and innovative insurance marketplace.

 

Though advocacy, education and collaboration, we are committed to; enhancing public and consumer understanding of the industry, fostering best practices, building capacity through training and professional development opportunities, and driving growth, innovation, and consumer trust for the welfare of all stakeholders.

Our Vision

Our vision is to lead the insurance industry towards a resilient and sustainable future. By fostering a culture of innovation, collaboration, and ethical excellence, we aspire to be the foremost and trusted authority shaping a dynamic and customer-centric insurance landscape that meets the evolving needs of our society, and thereby contributing to the socio-economic development of Mauritius.

 

Together, we envision a world where insurance is a trusted partner in securing and shaping brighter futures for all.

IAM Vision

About Us

The Insurers Association of Mauritius (IAM), formerly known as the Insurance Council of Mauritius (IACOM), has been a pivotal institution since its inception in 1972. In 2001, IAM's constitution was revised leading to the establishment of a dedicated full-time secretariat and the organisation's objectives updated to align with the evolving needs of the industry.

IAM engages with various stakeholders including ministries, government bodies, trade bodies, business organisations, media, and the public at large. This multifaceted interaction underscores IAM's commitment to fostering collaboration and driving positive change within the insurance industry of Mauritius.

IAM's influence extends beyond the shores of Mauritius, as it stands as a proud founding member of the African Insurance Organisation (AIO), established in the same year as IAM. The organisation's global reach was showcased in 2023 when the AIO celebrated its 50th anniversary in Balaclava, Mauritius, drawing over 500 delegates from across the world.

Over the years, IAM has evolved to play a leading role in the insurance industry fostering strong relationships, facilitating dialogue, and influencing decisions that matter among all stakeholders.

Our Role

IAM is the voice of the industry, advocating for and advancing the insurance industry for the welfare of all stakeholders. 

Policy & Advocacy

Represent the insurance industry in all dealings with the government or any other organisation and trade bodies on legislative and other matters.

Represent the interests of its members and the industry by influencing policy decisions and regulations with the government, regulators, and policymakers, for development, and advancement of the insurance industry.

Industry Promotion

Serve as the public voice of the insurance industry, promoting the sector's development, initiatives, and socio-economic contributions.

Promote consumer understanding on the value and benefits of the industry's products, services, practices, and regulations.

Industry Innovation

Shape a competitive, dynamic, innovative, resilient, and sustainable insurance industry in Mauritius and beyond.

Drive innovation, growth, competitiveness, and sustainability in the insurance industry in Mauritius through innovation strategies, sustainable investments, new products, services, and technology to manage risks more effectively.

Capacity Building

Unite and support insurers transacting business in Mauritius through consultation and collaboration in all matters affecting their common interests as members.

Strengthen the insurance industry's resilience through capacity-building, trainings, professional development, information sharing, knowledge exchange, local and global collaboration, cooperation, and industry networking events.

Promote and enforce the Code of Practice by its members to build and sustain a reputation of excellence for the insurance industry.

Facilitate the prompt settlement of disputes between insurers.

IAM serves as a high level forum between the government, public and its members
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