During the process of achieving this, the sector has realised that it has been faced with critical skills shortage, both in technical as well as top level leadership capabilities. Due to this very reason, the Council believes that a strong educational foundation is highly necessary to create quality workforce; thus the ASEAN Insurance Education Committee (AIEC) was established in 2003.
Throughout its development, various programmes have been conducted regularly by AIEC; a number of them are in cooperation with several other organisation, which are: (i) ASEAN Insurance Training and Research Institute (AITRI), (ii) Singapore College of Insurance (SCI), (iii) ASEAN Insurance Quarterly E-Magazine; (iv) Insurance Institute for Asia and the Pacific (IIAP), and (v) ASEAN Actuarial Talent Development Working Committee.
These are the following programmes and projects which have been successfully carried out by AIEC and currently on-going:
For its most recent programme, AIEC has formed the ASEAN Education Master Plan Working Committee in Bali on 13 July 2018. The objective of this Working Committee is to establish the ASEAN Education Master Plan to accomplish the following tasks:
Already in its 4th year, the popular ARP Training Programmes conducted for the first time in 2021, were delivered virtually to participants all over South-East Asia.