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In a compelling interview with L'Express at the 3i International Conference 2024, Dr. Rishi O. Sookdawoor , President of the Insurers Association of Mauritius (IAM), discusses the pivotal role of the insurance industry in fostering economic stability and creating a more resilient , inclusive , and sustainable future . Dr. Sookdawoor highlights the importance of strategic investments and partnerships to bridge gaps and create sustainable opportunities across Africa and Asia. Key insights Insurance a catalyst for resilience: Leveraging strategic investments to mitigate risks and balance returns, thereby helping communities recover from economic shocks and climate-related risks. Strategic Partnerships: Leveraging public-private partnership opportunities for Mauritius to collaborate under the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) , paving the way for regional growth in Asia and Africa. Financial Inclusion: Leveraging digital innovation ( #InsurTech , #FinTech ) to reduce economic disparities, and create equitable access to insurance and financial services. The conversation underscores the need for collaboration among insurers, governments, and other stakeholders to address systemic challenges while unlocking opportunities for sustainable growth. Read the full article in L’Express today about how the insurance industry is addressing economic challenges and building resilience in Mauritius and across Africa. IAM remains committed to promoting insurance sustainability, innovation, and collaboration to drive economic growth, resilience, and financial inclusion. Together, we can shape a stronger and more resilient future! #3iInternationalConference #3i #Insurance #Investment #Innovation #EconomicResilience #Sustainability #Partnerships #CECPA #Asia #Africa #Mauritius #InsurersAssociationofMauritius #IAM #TogetherSecuringFutures

Driving Resilience and Sustainability: Shaping the Future with Insurance, Investment, and Innovation.

In a compelling interview with L'Express at the 3i International Conference 2024, Dr. Rishi O. Sookdawoor , President of the Insurers...

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3i International Conference 2024: Spotlight on MBC National TV

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Vasish Ramkhalawon, Secretary General of the Insurers Association of Mauritius travelled to India , Malaysia , and Singapore from 02-13 September 2024, capturing unforgettable moments with industry professionals and experts.   During this exciting roadshow, he engaged in meaningful networking, shared invaluable insights, and promoted the transformative 3i International Conference - a unique platform designed to foster collaboration, inspire innovation, and ignite sustainable ideas that will shape the future of Asia and Africa. In India, Vasish Ramkhalawon engaged with prominent representatives from J.B. Boda, Life Insurance Council, General Insurance Council, Insurance Institute of India, Insurance Brokers Association of India and Fulcrum Global Reinsurance Brokers.   In Malaysia, he networked with influential figures from Life Insurance Association of Malaysia, General Insurance Association of Malaysia, Malaysian Takaful Association, Labuan International Insurance Association, Malaysian Insurance & Takaful Brokers Association, Malaysian Insurance Institute, Malaysian Reinsurance Berhad, and Lighthouse Club International.   In Singapore, Vasish connected with key representatives from Life Insurance Association Singapore, General Insurance Association of Singapore, Insurance and Financial Practitioners Association of Singapore, Singapore Insurance Brokers Association, Singapore Insurance Institute, Singapore College of Insurance and Zensung. Don’t miss out on the 4 days of ground-breaking discussions, cutting-edge insights, investment avenues, and networking opportunities at the groundbreaking 3i International Conference on insurance , investment , and innovation from 24-27 November, 2024 .   Register Now!

3i International Conference Roadshow to Asia

Vasish Ramkhalawon, Secretary General of the Insurers Association of Mauritius travelled to India, Malaysia, & Singapore from 02-13 Sep 2024

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Mauritian insurance industry reaching out to connect with Africa and beyond. Join Vasish Ramkhalawon, Secretary General of the Insurers Association of Mauritius, as he discusses with Liz Booth the unique challenges facing the insurance industry and the wider community in Mauritius amid climate change. He also places particular emphasis on the sustainability agenda and the opportunities for collaboration with Africa and Asia to shape the future of insurance.

Watch the Exclusive Interview with Africa Ahead

Join Vasish Ramkhalawon, Secretary General of the Insurers Association of Mauritius, as he discusses with Liz Booth from Africa Ahead.

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Watch the Press Conference by Vasish Ramkhalawon, Secretary General of the Insurers Association of Mauritius, held on 13 August 2024 at the IAM office in Ebène.

IAM Press Conference 2024

Watch the Press Conference by Vasish Ramkhalawon, Secretary General of Insurers Association of Mauritius.

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The Insurers Association of Mauritius (IAM) held its 51st Annual General Meeting (AGM) on 27 March 2024 at the Labourdonnais Waterfront Hotel, in Port Louis. The President of IAM, Dr Rishi Sookdawoor presented the IAM 2023 Annual Review, highlighting the key achievements and progress made, and the key challenges to be addressed. He commented on the insurance industry being resilient, agile, and adaptable to complex economic and social challenges. He also commended the members of the Association for sustaining growth during challenging times, both in the long-term and general insurance business, as well as on their prudent management, good governance, customer centricity, and proper conduct. Dr Sookdawoor also put forward IAM's key strategic focus for the year 2024-2025, emphasising the need to strengthen the insurance sector with an improved market penetration for both long-term and general insurance, while embracing technology and innovations, and enhancing knowledge about risks and insurance solutions to mitigate them. He re-interated IAM's commitment to continue advocating for the right reforms to build an insurance industry that will continue to drive progress and protect the social and economic landscape in Mauritius. The event was marked by the presence of the Director of the Ministry of Financial Services & Good Governance, Mr Kresh Seebundhun, the Director of Supervision of the Financial Services Commission (FSC), Mrs Renu Audit, the Chairperson of the Insurance Industry Compensation Fund, Me Kivisha Goodar, the Chairperson of the Financial Services Fund, Ms Lakshmi Appadoo, and the Assistant Director of the FSC, Mr Akash Mishra.

51st Annual General Meeting

The Insurers Association of Mauritius (IAM) held its 51st AGM on 27 March 2024 at the Labourdonnais Waterfront Hotel.

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The Insurers Association of Mauritius (IAM) is pleased to announce the appointment of its new office-bearers who were elected at its 51st AGM held on 27 March 2024 at the Labourdonnais Waterfront Hotel, in Port Louis. The Secretary General, Mr Vasish Ramkhalawon, and the members of the IAM welcome the newly elected President, Dr. Rishi Sookdawoor, the Vice President (General Insurance), Mr. Abdel Ruhomutally, the Vice Present (Life Insurance), Mr. Bobby Cheeneebash, and the Treasurer, Mr. Winson Chan as office-bearers for 2024-2025.

IAM Office Bearers 2024-2025

The Insurers Association of Mauritius (IAM) is pleased to announce the appointment of its new office-bearers who were elected at its 51st...

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At the 51st AGM held on 27 March 2024, at the Labourdonnais Waterfront Hotel, IAM unveiled its new logo and repositioning strategy, signalling its strong commitment and role in shaping the future of the insurance industry.

IAM unveils its new logo

IAM unveiled its new logo & repositioning strategy, signalling its strong commitment & role in shaping the future of the insurance industry

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The President, Dr. Rishi Sookdawoor and the Secretary General, Mr. Vasish Ramkhalawon of the Insurers Association of Mauritius (IAM) met with the Minister of Finance, Economic Planning, and Development, Dr. Renganaden Padayachy, to exchange views and make proposals regarding the insurance industry, during a pre-budget consultative meeting in Port Louis. Mr. Vasish Ramkhalawon stated that the meeting was very positive and productive. Three key areas of significant importance both for the insurance sector and in terms of the latest situations prevailing in the country, were broached, namely: the pension system, medical insurance, and car insurance. Pension System Mr. Ramkhalawon proposed that the pension system be reviewed. He emphasised the need to secure a strong return on investment to ensure that the people receive their entitled pension benefits, while also taking into account all associated factors to enable accurate forecasting. Medical Insurance In light of the recent changes to the healthcare system, Mr. Ramkhalawon stressed the critical importance of ensuring the sustainability of the insurance industry to ensure continued healthcare services for the public. He added that: IAM is committed to providing its full support to its policyholders and society at large, but we first evolve into an empowering and enabling entity in our own right. Car Insurance Reflecting on the car losses resulting from the recent floods caused by climate change in Mauritius, the Secretary-General recalled that along with the Government’s generous assistance in providing financial support to the victims, the insurance industry responded just as quickly and effectively. It is thus imperative to ensure that this system is sustainable enough to cater to everyone’s expectations in the event of a crisis.

Pre-Budget Consultations 2024-2025

The President, Dr. Rishi Sookdawoor and the Secretary General, Mr. Vasish Ramkhalawon of the Insurers Association of Mauritius (IAM) met wit

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