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Introduction

Insurance contributes significantly facilitating economic activities, trade, investment and development. Insurance facilitates savings for capital formation and reduces risks inherent in all forms of businesses and industries. Therefore, an efficient insurance market is one of the pre-requisites for sustaining the economic progress of emerging insurance markets, especially those adopting the "market economy" approach to achieve rapid development.

The insurance industry in emerging markets is faced with forces of change ranging from IT to liberalization and globalization, and intensified competition. The search for factors determining the competitive edge therefore becomes critical. IT, capital, market linkages/ relationships and customer base are examples of powerful competitive drives. However, it is the Human Resource factor which can ultimately provide the truly long term competitive advantage.

MII educational training courses and programmes are thus designed to support the urgent need of insurance companies to develop employees with high level competencies to enhance their level of preparedness to meet the challenges of operating in the 21st century.

The Malaysian Insurance Institute
Established in 1968, MII's commitment to providing excellence in insurance education has led to tremendous growth in the number of educational programmes and activities currently offered. MII now leads in providing training and education in Insurance, Risk Management, Actuarial Science, General Management, Investment, Life Insurance, Marketing and Financial Services.

Industry Links
MII interacts extensively with the industry to ensure that its programmes reflect the current and relevant knowledge/competency required.

The Institute's active engagement with the industry is also reflected in many international seminars conducted by MII to facilitate focused discussion on various current issues, subjects of interest and industry development. One of the main advantages of studying at MII is the exposure that our students get to these contemporary developments and the opportunities to meet and network with the many industry practitioners and experts who come from all over the world to participate in the Institute's activities.

International Collaboration
MII's firm commitment to deliver the best standards in education is reflected in its international links with major insurance institutions, universities and relevant organisations such as UNCTAD, Chartered Insurance Institute (CII) UK, Society of Actuaries (SOA) USA and the American College (USA).

Training and Development
MII is actively involved in training and development and offers a comprehensive range of programmes covering technical subjects such as insurance underwriting and claims, risk surveys and assessments, loss adjusting, broking, business communication, salesmanship and many others to promote the professional development of individuals. Speakers and course leaders comprise practitioners, experts and academicians, local and from overseas.