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July 4, 2024

Celebrating Milestones: What to Expect at the 50th AIE Conference

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Tony from Cover Magazine engages in an insightful discussion with Thokozile Mahlangu, CEO of the Insurance Institute of South Africa (IISA). Thokozile begins by recounting the successful start to the year for IISA, including a positive unmodified financial audit and the retention of their level one BBBEE rating, reflecting their strong commitment to transformation. She also highlights the impressive progress in growing IISA's membership, achieving over 80% of their target.

A significant part of the conversation centers on IISA's Youth Accelerator Program. Thokozile explains how this initiative aims to introduce young professionals to the insurance industry, providing both theoretical and practical training. The program, launched last year, ensures participants gain a comprehensive understanding of various insurance sectors, enhancing their skills and career prospects.

The discussion then moves to IISA's global affiliations, particularly the renewed partnership with the Chartered Insurance Institute (CII). Thokozile elaborates on the benefits of this relationship, which include access to international research and resources, thereby ensuring that IISA's professional standards are benchmarked against global best practices. This collaboration elevates the Institute’s credibility and offers valuable support for its members’ professional development.

Concluding the conversation, they discuss the eagerly anticipated 50th AIE Conference. Thokozile shares exciting plans for this milestone event, which will feature a mix of business sessions, social events, and innovative formats. Highlights include a golf day, a festive welcome cocktail, business sessions with live broadcasts, and a gala dinner recognising outstanding contributions to the industry. The event promises extensive networking opportunities and a vibrant celebration of the insurance profession's achievements.

This discussion provides a comprehensive overview of IISA’s recent accomplishments, ongoing initiatives, and future plans, showcasing the Institute's dedication to growth, professional excellence, and industry leadership.

Highlights

Financial and Membership Growth

  • IISA achieved a positive financial audit.
  • Retained level one BBBEE rating.
  • Significant growth in membership, reaching over 80% of the target.

Youth Accelerator Program

  • Focus on upskilling young professionals under 35.
  • Provides theoretical and practical training in insurance.
  • First cohort graduates this year; second cohort starts in July.

CII Affiliation

  • Renewed affiliation with the Chartered Insurance Institute (CII).
  • Ensures high professional standards and access to international research.
  • Enhances credibility and provides valuable resources to members.

Upcoming 50th AIE Conference

  • Marks the 50th year of the conference.
  • Features include a golf day, welcome cocktail, business sessions, live broadcasts, gala dinner, and a farewell party.
  • Focus on networking and celebrating the insurance industry's achievements.

Strategic Objectives

  • Emphasis on transformation and process optimisation.
  • Aiming to close the year by achieving all strategic objectives.

Howden Re

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