The Insurance Institute of Zambia (IIZA) is currently registered under the Societies Act Cap 119 of the Laws of Zambia as an individual based PROFFESSIONAL BODY for all insurance and risk management practitioners in the Zambian Insurance and Pensions industry.   In order to consolidate IIZA’s position, the ‘IIZA DRAFT BILL’ is now receiving final review for onward transmission to the Ministries of Justice and Finance for eventual enactment. This enactment shall make IIZA as the sole educational and training professional body in setting standards in the practice of insurance and pensions in Zambia.  Once the IIZA DRAFT BILL is passed into Law, it shall actualize its Status similar to the Statuses enjoyed and held by other individual based local professional bodies such as the Engineering Institution of Zambia (EIZ), the Zambia Institute of Chartered Accountants (ZICA), Zambia Institute of Marketing (ZIM), Law Association of Zambia (LAZ) e.t.c

The proposed IIZA Act shall therefore make membership of the Institute compulsory to all the professionals practicing at all levels in the Industry including Risk Carriers, Pension Funds Managers, Brokers, Agents, Loss Adjusters, Loss Assessors, Actuaries, Risk Management Consultants, In-House Insurance Advisors in Industry and Commerce and In-House Sales Representatives.  The aim and fundamentals of the IIZA Act once in place is to ensure that those who provide insurance and pension services are knowledgeable and trust worthy.

In order to achieve industry “BEST PRACTICE” in Corporate Governance and Intellectual Capital Management, IIZA has approached and sought the cooperation of the Pensions and Insurance Authority (PIA), the Insurers Association of Zambia (IAZ), the Insurance Brokers Association of Zambia (IBAZ), and the Zambia Association of Pension Funds (ZAPF) to make IIZA membership a pre-requisite to holding any position in the Industry.  This is to the advantage of the individual practitioners, the entities they work for and most importantly to the benefit of the Customers.


IIZA Vision

To provide sustainable skills development platforms within the insurance industry...........Read More

Mission statements

Minimising the shortage of skills within the insurance industry .Creating tangible impact ...Readmore