Chairman: Michael F. Rellosa, Executive Director – Philippine Insurers and Reinsurers Association (PIRA)
Other than creating a healthy business environment within insurance industry, the ASEAN Insurance Council also puts its highest interest to the development of quality and capability of the human resources in the industry. In conjunction to this, the insurance sector must ensure that it has the talent needed to achieve the goals of meeting customers’ long-term financing and retirement needs while fulfilling its social function of providing resources for infrastructure, retirement, natural disaster risk mitigation and trade.
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.