The Chartered Insurance Institute (CII) is pleased to announce a partnership with the United Arab Emirates (UAE) Insurance Authority to boost professionalism in the UAE insurance sector.
The two organisations have worked together on this joint initiative to establish an education programme in Abu Dhabi, which will train individuals working in the insurance profession to achieve a minimum standard of qualification based on their job role.
In this partnership, the CII will be supporting the UAE Insurance Authority by providing face to face training, study materials, examinations and awarding qualifications. The initial focus is the CII Award in General Insurance but all of the CII’s international awards and certifications will be made available to professionals in the region.
There are over 10,000 individuals in the insurance profession in the UAE who will be included in the programme, both UAE nationals and ex-patriates. The UAE Insurance Authority has already scheduled to start the programme later this month.
Sian Fisher, CII chief executive, said: “The UAE is home to many of the world’s biggest names in insurance and we are delighted to be working with the UAE Insurance Authority on this new initiative. The Chartered Insurance Institute, and the profession we represent, are outward-looking and open to new opportunities across the world, and this most recent collaboration offers an opportunity for us to share our experience of good practice.”
His Excellency Ebrahim Obaid Al Zaabi, UAE Insurance Authority director general, said: “Our key objective is to develop the insurance sector in UAE and support it to compete globally. The Insurance Authority wish to provide a comprehensive programme of professional development for practitioners working in insurance sector within the UAE and as the CII is the leading professional body for the global financial services profession, it was a natural choice for UAE. This is an exciting time for UAE as insurers continue to invest in the region and we are delighted to be launching this new initiative.”