Cayman Islands Insurance Association (CIIA)
The Cayman Islands Insurance Association (“CIIA”) was formed in 2004 to bring together the various associations representing the insurance industry in the Cayman Islands. The intention is to create a single body that can respond to and advise the public on insurance issues and to have a single voice in discussions with the Cayman Islands Monetary Authority, who regulate the insurance industry. They have two Standing Committees: the General Insurance Standing Committee (“GISC”) and the Health Insurance Standing Committee (“HISC”), and a main board of the CIIA which also includes a representative from Life Insurance.
Their website is intended to showcase their domestic insurance industry, and the members details are displayed. They also provide useful links to related topics and matters of interest.
One of the main focuses of the CIIA is education and professional development of their own members to increase their knowledge of insurance, and also for the public who may have interest in various insurance topics. Thus they will post articles on topics of interest to the public and our members.
As a body representing the professionals in the industry they worked closely with CIMA to develop Codes of Conduct to ensure the public is dealt with fairly by the insurance bodies on the island. The Codes, posted here, set out the rights and obligations of the insuring public and the level of service and competence they should expect from members of the CIIA.