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New Associates.

This past winter saw the birth of a few new associations whose efforts and interests intersect with risk management concerns.

Licensed insurers, agents, brokers, offshore insurance managers and adjusters from the British Islands have joined together to form the British Virgin Islands Insurance Association (284.494.4078).

Responding to the growth of offshore insurance business in the region since the Insurance Act of 1994, the group aims to provide a unified voice to set professional standards, encourage education and promote the BVI insurance industry around the globe. Peter Bates, supervisor of insurance for the BVI financial services department, comments that the new association "will cement the Cooperation that already exists between government and the private sector, facilitating closer working relationships and benefiting all clients."

The Council of Insurance Agents & Brokers, the Independent Insurance Agents of America and over eighty other international agent and broker associations have formed the World Federation of Insurance Intermediaries (32.27.379.580). In addition to the North American constituents, other founding members include: the African Association of Insurance Brokers & Brokers Association; Bureau International des Producteurs d'Assurances et de Reassurances, from Europe; Confederacion Panamericana de Productores de Seguros, from Latin America; and the Insurance Brokers Association of Japan, participating as an observer. The two founding principles of the organization are the liberalization of insurance intermediary markets worldwide, and national, regional and international regulation in support of a level playing field for fair competition.

The increase in the popularity of disease management programs has spurred the development of the Disease Management Association of America (781.239.8009). Members include health care payers, providers, pharmaceutical companies and disease management organizations. Their aim is to educate the health care industry, government, employers and the general public about improving health care quality and outcomes for people with chronic conditions through the use of disease management programs.
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Author:SULLIVAN, LAURA
Publication:Risk Management
Article Type:Brief Article
Geographic Code:0JINT
Date:Jun 1, 1999
Words:306
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