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International insurance standards one step closer

The creation of international standards for insurance professionals came one step closer at the annual meeting of the Institute for Global Insurance Education in Singapore last week.

The topic was the focus of the meeting chaired by CII director general Sandy Scott, in the top seat at the IGIE for the first time since his election as its chairman in January.

Discussions centred on promoting core competencies worldwide and establishing acceptable standards for education in risk management.

Scott says: “Inevitably the process will take time to complete as we must recognise each member&#39s national and local market practices, procedures and regulations. Nevertheless, the IGIE meeting was a useful opportunity for discussions and we are working towards common international standards.”

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